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items have been reviewed by Council. In all cases, sufficient funds are available <br /> without jeopardizing the City's financial position. <br /> <br /> MIS Hartnett/Pierce to introduce an ORDINANCE APPROPRIATING SPECIFIED <br /> AMOUNTS FROM DESIGNATED UNAPPROPRIATED FUND BALANCES TO <br /> SPECIFIED APPROPRIATIONS, CANCELING CERTAIN APPROPRIATIONS, AND <br /> TRANSFERING SPECIFIED AMOUNTS FROM DESIGNATED APPROPRIATIONS TO <br /> OTHER SPECIFIED APPROPRIATIONS; <br /> <br /> The motion passed by a unanimous roll call vote by those present. <br /> MINUTE ORDER 02-179 <br /> <br /> B. Renewal of Workers' Compensation Excess Insurance Policy; (904) <br /> <br /> Human Resources Director Rivera-Pena explained that because the City is self <br /> insured, the first $350,000. of a workers compensation injury is paid by the City, <br /> any remainder is covered through excess insurance coverage. She stated that <br /> there is a substantial increase between last year's and this year's premium. She <br /> further stated the reasons for the 241% increase in premiums are due to medical <br /> costs increase, AB 749 increased benefits to injured workers, and post-September <br /> 11 created substantial losses prompting insurance companies to leave the market. <br /> <br /> Ms. Rivera-Pena stated that other options were explored including entering into a <br /> Joint Powers Agreement (JPA) where costs are shared with a group of cities or <br />-- going in as a group to purchase insurance. While in the long term, savings are <br /> realized with these methods, additional third party fees would be incurred and the <br /> comparison for group purchase would be $154,000. vs. $122,000. It is <br /> recommended that the JPA be considered as a future option so as to not be as <br /> impacted by the September 11 event. <br /> <br /> M/S Hartnett/Jordan to approve the renewal of the City's excess workers' <br /> compensation insurance policy with Employers Reinsurance Corporation effective <br /> July 1,2002; <br /> <br /> The motion passed by a unanimous voice vote. MINUTE ORDER 02-180 <br /> <br /> C. Water System Operator Certifications Incentive Program; <br /> <br /> Recommendation: <br /> Motion to approve the Water System Operator Certifications Incentive Program, <br /> contingent on final City Council adoption of the Fiscal Year 2002/2003 budget; <br /> <br /> This item was continued for consideration during budget hearings. <br /> MINUTE ORDER 02-181 <br /> <br /> REGULAR COUNCIL MEETING JULY 1,2002 <br />-- MINUTES PAGE 5 <br />MINUTES Book No. 59 <br />Page No. 188 <br /> <br /> <br />