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HomeMy WebLinkAbout1991 04_Workers Comp self insurance fund_1991.08.06RESOLUTION vE. 3 WORKERS COMPENSATION INSURANCE FUND, PROVIDING O PAYMENTS FROM THAT FUN RESTRICTING THE USE OF FUND, AND ESTABLISHIN LIMITATIONS ON ; LEMENT OF WORKERS COMPENSATIO CASES WITHOUT PRIOR APPROVAL. WHEREAS, it is the intent of the Owasso City Council to provide for the efficient an(i cost effective administration of claims against the City for injury and medical treatment arising from on-the-job d) VY'HEREAS, it is the intent of the Owasso City Council to provide for a fund and to restrict the use of those funds to claims related to Workers Compensation related payments. THEREFORE BE IT RESOLVED BY THE OWASSO CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA a fund is hereby established for the purpose l of • payment for against the City as provided for by Oklahoma statutes providing for and requiring workers compensation payments; and, THAT, such funds be known as the "Workers Compensation Self Insurance Fund"; and, THAT, any payments from d be processed in a manner consistent with the procedures adopted by the City Council for all other claims against the City of Owasso; and, THAT, in no case shall any officer or employee of the City of Owasso offer, ol represent an offer of final settlement, any "Workers Compensation Case" in final form without first receiving prior approval from the Owasso City Council, provided - that in the event such settlement - $1,000-00 the City Manager h -d it make such settlement without prior Council approval; and, �1717 iffis unu May oe maue after Council approval list without re z g medical treatment and supply over 011 00 to be listed as separate agenda and, PASSED, APPROVED AND ADOPTED this 6th day of August, 1991. CITY OF ®MASS®, OKLAHOMA ATTEST: P ®Y� Phillips, Mayor