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File #: 220804    Version: 0
Type: Resolution Status: Passed
File created: 9/20/2022 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 10/11/2022
Effective date:    
Title: Resolution reserving and appropriating up to $1,533,000 from the 2022 Common Council Contingent Fund to the 2022 Damages and Claims Fund Special Purpose Account.
Sponsors: ALD. BORKOWSKI
Indexes: CLAIMS, CONTINGENT FUND
Attachments: 1. Cover Letter, 2. Hearing Notice List, 3. Copy of Copy of Damages and claims Outside Counsel funds needed as of 092122 - rp edit 220921
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
10/19/20220 MAYOR SIGNED   Action details Meeting details Not available
10/11/20220 COMMON COUNCIL ADOPTEDPass10:0 Action details Meeting details Not available
10/5/20220 FINANCE & PERSONNEL COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Appearing: Robin Pederson, Deputy City Attorney
Pass4:1 Action details Meeting details Video Video
10/3/20220 JUDICIARY & LEGISLATION COMMITTEE RECOMMENDED FOR ADOPTION AND ASSIGNED

Minutes note: Appearing: Deputy City Atty. Robin Pederson Sponsor - Ald. Borkowski Budget Director - Mr. Nick Kovac
Pass5:0 Action details Meeting details Video Video
9/20/20220 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

220804

Version

ORIGINAL

 

Reference

 

Sponsor

ALD. BORKOWSKI

 

Title

Resolution reserving and appropriating up to $1,533,000 from the 2022 Common Council Contingent Fund to the 2022 Damages and Claims Fund Special Purpose Account.

 

Analysis

This resolution reserves and appropriates $1,533,000 from the 2022 Common Council Contingent Fund to the Damages and Claims Fund Special Purpose Account for the purpose of meeting financial obligations related to claims and litigation brought against the City.

 

Body

Whereas, Settlements and payment of judgments to date in 2022 exceed the 2022 appropriation for the Damages and Claims Fund Special Purpose Account (SPA); and

 

Whereas, Settlements will require $1,470,000 and the City Attorney anticipates that additional funds will be necessary to meet the City’s financial obligations imposed by pending settlements; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that up to $1,533,000 from the 2022 Common Council Contingent Fund (0001-9990-C001-006300) is reserved and appropriated to the 2022 Damages & Claims Fund (0001-1490-S118-006300); and be it

 

Further Resolved, That the City Comptroller and other appropriate City officials are directed to take all actions necessary to fulfill the intent of this resolution.

 

Requestor

BMD/CA

BJR/cei

9/20/2022

CONTFUND/2022/CA Damages and Claims-9-20-22