HomeMy WebLinkAboutResolution No. 5537 RESOLUTION NO. 5537
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY SETTING AUTHORIZATION
LEVELS FOR SETTLING LIABILITY CASES
THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVE, AS FOLLOWS:
WHEREAS, the City of Downey operates a self - insured liability program, and
WHEREAS, from time to time, claims made against the City must be settled, and
WHEREAS, it is frequently desirable to settle claims expeditiously in order to minimize
costs, and
WHEREAS, the Downey City Council wishes to empower City staff to settle certain claims
in order to be able to take advantage of any quickly available savings, but retains for
itself the authority to settle large claims.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Downey does hereby
establish a four -tier claim settlement process.
Tier one is set at $1,000 and is the tier within which the City's Claims Administrator
is authorized to settle claims. Tier two is set at $10,000 and is the tier within which the
City's Risk Manager may settle claims. Tier three is set at $20,000 and is the tier within
which the City Manager can authorize settlement. Tier four is those claims in excess of
$20,000 and would require Council authorization prior to settlement.
The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED THIS 10th day of March 1992.
Mayor/
ATTEST:
City Clerk
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the
Ci
the City of Downey at a regular meeting thereof held on the 1Othh day of M
of
1992, by the following vote, to wit:
AYES: 4 COUNCIL MEMBERS: Boggs, Riley, Brazelton, Hayden
NOES: 0 COUNCIL MEMBERS: NONE
ABSENT: 1 COUNCIL MEMBERS: Cormack
ABSTAINED: 0 COUNCIL MEMBERS: None
City Clerk
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C:reso- lia.bil
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