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HomeMy WebLinkAboutOrdinance #2354 ORDINANCE NO. 2354 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING THE HUNTINGTON BEACH MUNICIPAL CODE BY AMENDING SECTION 3. 14. 010 THERETO TO IN- CREASE THE AMOUNT OF LIABILITY CLAIMS LOSS RESERVE The City Council of the City of Huntington Beach does ordain as follows : SECTION 1. The Huntington Beach Municipal Code is hereby amended by amending thereto Section 3. 14. 010 to read as follows : 3. 14 . 0.10 Self insurance liability claims loss reserve-- creation. There is hereby created a self insurance liability claims loss reserve . Such reserve shall be in such amount which is the greater of Seven Hundred Fifty Thousand Dollars ($750, 000) or an amount equal to the combined incurred and reserved liability losses of the city during the maintenance of the city' s excess liability insurance policy in force after December 15, 1978. SECTION 2 . This ordinance shall take effect thirty days after its adoption. The City Clerk shall certify to the passage of this ordinance and cause same to be published within fifteen days after adoption in the Huntington Beach Independent, a paper of general circulation. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 5th day of March 1979. 4 Mayor ATTEST : APPROVED AS TO FORM: City Clerk W s�` City Attorney 1 . WSA:bc 2/l/79 REVIEWED AND APPROVED: INITIATED D APP oe Cit Administrator ty r asu er 2 . Ord. No. 2354 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) gs: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach and ex-officio Clerk of the City Council of the said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular meeting thereof held on the 20th day of February 1979 , and was again read to said City Council at a regular meeting thereof held on the 5th day of March 1979 and was 'passed and adopted by the affirmative vote of more than a majority of all the members of said City Council. AYES: Councilmen: Yoder, Thomas, MacAllister, Bailey, Mandic, Siebert NOES: Councilmen: None ABSENT: Councilmen: Pattinson • arc%/�% ,�L„/ City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California 1, Alicia M. Wentworth CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council, do hereby certify that a synopsis of this ordinance has been published in the Huntington Beach In;ependent on 19 7 L� .... In accordance with the City Charter of said City. ALICIA M. WENTWOPTN City Clerk ............................... .. `'... t ...................... Deputy City Clerk