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RESOLUTION NO. t?l4 ~ go
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A RESOLUTION of the City Council of the
City of Port Angeles, Washington providing
an indemnity agreement to Aetna Casualty
Company with respect to City obligations
under its Self-Insurance Plan.
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WHEREAS, the City of Port Angeles has heretofore
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elected to embark upon a self-insured worker's compensation
program pursuant to the statutes of the State of Washington,
and
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WHEREAS, for such purposes the State of Washington
requires that the City post a bond in the sum of $150,000.00,
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or in lieu thereof a cash deposit, guaranteeing payments of
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claims and expenses under the terms of the Worker's Compensation
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Act, and
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WHEREAS, the Aetna Casualty and Surety Company, as
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a condition of issuing such a bond, has requested the City
of Port Angeles to execute a resolution agreeing to indemnify
them for any payments that they may be required to make under
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16 the terms of the bond issued in favor of the City, now, Therefore,
17 BE IT RESOLVED BY THE COUNCIL OF THE CITY OF PORT
18 ANGELES:
19 That the Council of the City of Port Angeles does
20 hereby agree that the City of Port Angeles will indemnify the
21 Aetna Casualty and Surety Company for any payments that they
22 are required to make as a result of a City default in failing
23 to make payments on claims or related expenditures therefore
24 as required under the terms of the bond executed in favor of
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the City of Port Angeles to the Department of Labor and Industries
26 of the State of Washington.
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CITY
WASHINGTON
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By
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30-
31 ATTEST:
32 ~@./?, .__.J
Mar~an C. Parri~h~lerk