HomeMy WebLinkAboutCC-06-19-00-02 Med Escrow FndResolution No. CC 06-19-00-02
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
CARMEL, INDIANA APPROVING THE TRANSFER OF FUNDS
FROM VARIOUS DEPARTMENTS TO THE MEDICAL ESCROW
FUND
WHEREAS, Ordinance D-1048 passed by the Common Council of the City of
Carmel, Indiana, on February 21, 1994, established the City of Cannel Medical Escrow
Fund, to be used to accumulate employee and employer premium payments, and to pay
benefits and administrative costs in cormeetion with medical benefits program provided to
qualified employees of the City of Carmel and the Cannel Clay Parks; and
WHEREAS, an amount of $200,000 is currently needed to cover the
aforementioned claims in the Medical Escrow Fund; and
WHEREAS, the Department of Administration, Police Department, Fire
Department, Communications Center, Mayor' s Office, Department of Community
Services, Street Department, and the Board of Public Works have excess funds to transfer
to Medical Escrow Fund #301:
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Carreel, Indiana, that the following departments be authorized to transfer from their
respective Health Insurance, Line Item #220, in amounts listed below, to the Medical
Escrow Fund #301:
Police Department
Fire Department ~""'
Communications Center $15,000
D~ attmcnt of i'dministration $15,000
Mayor's Office $ 5,CO0
Department of Community Service
Street Department - $20,eee
partin i ~""' "'~"
De ent of Admin stration ,~,,,,,,,,,
609
tc_~c~a
Total $200,000
PASSED by the Common Council of the City of Carreel, Indiana, this/qx~; day of Ju ~
el-2000, by a vote of *7 ayes and O nays.
D:\FilesXResolutions\CC 06-19-00~)2.doc
ATTEST:
Diana L. Cordr~reasurer
~rain~d, Mayor
ATTEST:
Diana L. Cordray, IAMC,~easurer