C153618 PIF Contract - Laserfiche WebLink

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I k ..- S r-O provided in order to ensure that the costs of protect- ing the City against liability are minimized. 4.18.020 Duties of risk manager. A. The city manager shall designate a risk manager who shall have all powers and responsibilities as set forth in this chapter. B. The risk manager shall have the.following duties: 1. To coordinate and administer a compre- hensive risk management program that serves the City; 2. To administer the investigation and processing of claims brought against the City; 3. To oversee those persons or parties who may contract with the City to provide claims investi- gation, claims adjustment and support services; 4. To develop and administer a system that identifies and reduces the property and liability losses, insurance costs and administrative costs of risk management incurred by each department of the City; 5. To advise the city manager with respect - to specifications of and the nee,or procuring commercial insurance, if any, o ",., otect the City against liability; �, 7. Such other, lctibns ancI')4#ies as assigned by the city man a)9 rfi' " 4.18.030 Claims resery tuhd`�:_' A. There is hereby created a fund to be;- k nown", as the claims reserve fund, which shall consist,. of-, all monies which may be appropriated thereto from pi'fine to time by the City Council as it may deem necessary, or which may be otherwise made available to it by the City Council. All interest earned from the investment of monies in the claims reserve fund shall be credited to that fund and become a part thereof. B. The reserve fund established pursuant to this Section 4.18.030 shall be kept separate and apart from all other funds and shall be used only in accordance with this Section. At the end of any fiscal year, all unexpended and unencumbered monies in the claims reserve fund shall remain therein and shall not be credited or transferred to any other fund, except as provided by City Council in any given annual budget ordinance. -2-