CC RESOLUTION 2631•
RESOLUTION NO, 2631
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO* CALIFORNIA, ESTAB-
LISHING A WORKERS' COMPENSATION RESERVE
FUND,
THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. That the City Treasurer and the Director of
Finance be and they are hereby authorized and directed to establish a
special fund to be designated "Workers' Compensation Reserve Fund."
SECTION 2. That the purpose for which the Workers' Com-
pensation Reserve Fund established by Section I of this resolution shall be:
(1) To make payments required under the Workers' Com-
pensation laws of the State of California;
(2) To pay such insurance premiums for Workers' Com-
pensation insurance as the City Council may authorize;
(3) To pay all administrative and incidental expenses of
the Workers' Compensation Self-insured Program;
(4) To advance funds to service company for it to distribute
pursuant to agreement; and
(5) To make such other payments for disposition of said
funds as the City Council may authorize, provided such expense is a
lawful expenditure of General Fund money.
SECTION 3. That the City Clerk shall certify to the passage
and. adoption of this resolution; shall enter the same in the book of
original resolutions of said City; and shall make a minute of the passage
and adoption thereof in the records of the proceedings of the City Council
of said City, in the minutes of the meeting at which the same is passed
and adopted.
PASSED, APPROVED and ADOPTED this 1st day of July,
ATTEST:
(SEAL)
1975.
o-
City C erk
4e tzg a4toslllllll�
Mayor of the City of Er Segundox California
lie
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES . ) SS
CITY OF EL SEGUNDO )
Is Valerie A. Burrowes, City Clerk of the
City of El Segundo, California, DO HEREBY CERTIFY that the
whole number of members of the City Council of the said City
is five; that the foregoing Resolution, being Resolution No. 2631
was duly passed and adopted by the said City Council, approved
and signed by the Mayor of said City, and attested by the City
Clerk of said City, all at a regular meeting of the said Council
held on the 1 st day of July 1975
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Nagel Rockhold, Stephens,
Van Vranken and Mayor Balmer
1+r J
NOES: Councilmen None
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY .'this 11th day of July 197 5
(SEAL)
City Clerk
of the City of E1 Segundo, California