04-22-1980 Supporting DocumentsCITY OF CL,RMMONT
MINUTES
REGULAR MEETING
A regular meeting of the City Council of the City of Clermont was held
in the Council Chambers on Tuesday, April 22, 1980. The meeting was
called to order by Mayor Claude E. Smoak, Jr. at 7:30 P.M. with the
following Councilmen in attendance: Lester Cole, Dennis Thomas,
Carlisle Byrd and James Meginloy. Other City Officials present were
City Manager Forbes, City Attorney Baird and Deputy Clerk Pat Meyer.
The Invocation was offered by Councilman Byrd, followed by repeating
of the pledge of allegiance by all present.
The Mayor asked if there were any additions or corrections to the
Minutes of the meeting held April 8, 1980. tie noted that under Council
Reports where he reported he would be in Tallahassee this month, it
states he would be on the Agenda of the Natural Resources Committee.
He asked that the minutes reflect he is not as yet scheduled but
hopes to appear before that Committee.
CITY MANAGER'S REPORT
City Manager Forbes reported that Mr. Jay Knierim has been
hired as our Summer Recreation Supervisor. He also reported
the Kiwanis Club is holding a Fish -a -than this Saturday and - —
requested the Council review the Pension Plan Report. He
will be attending the State City Managers Conference Thursday
and Friday at Daytona Beach.
MAYOR'S REPORT
Mayor Smoak discussed holding a Town Hall Meeting either
the last of May or first of June to report on the Recreation
Committee's recommendations, the Landscape Committee's work,
the Clean Community's report, Effluent Disposal and the
proposed Utility Rate increases. After discussion it was
unanimously agreed to hold the meeting June 10, 1980.
COUNCIL REPORTS
Councilman Byrd reported he would be attending the Board of
Directors Meeting of the East Central Florida's Regional
Planning Council on Wednesday, April 30 and on the 7th of
May he would be attending the Annual Meeting of the entire
membership of the ECFRPC. He requested all interested
Council Members and guests attend this meeting. Mr. Byrd
also discussed thehandling 'ofsolid wastes by the City with
emphasis directed to recycling these wastes whenever possible.
A motion was made by Councilman Byrd, seconded by Councilman
Meginley and unanimously carried that the City Manager
begin a City -Wide program for recycling aluminum and establish
a collection station with the target date to begin June 1, 1980.
Councilman Meginley asked questions regarding the Effluent
Disposal Meeting held in Tavares. Councilman Thomas asked
for clarification of the action by the County Pollution Board.
h
k
CITY OP CUMIONT
MINUTES
REGULAR MEETING cont'd.
The Mayor explained the original motion to allow the City
to pursue the request failed for lack of a majority vote,
the Board then granted the City an additional six months
variance under which the City is operating now in order
for the Board to more fully explore the idea of wet lands
disposal. The Mayor then stated publicly for the record,
expressing the appreciation of the City to Or. Tom Odom
and Dr. Ronnie Best who appeared voluntarily in support of
the proposal of the City of Clermont; not from the stand-
point that they had any interest in it, nor were they in-
volved in the investigative work. Theydid it simply be-
cause they think it is the appropriate thing for the City
to do. He discussed Dr. Odom's synopsis if you put treated
effluent on a sand hill, be sure it runs into a marsh before
it gets into a lake.
AUCTION OF SURPLUS PROPERTY
City Manager Forbes discussed the intergovernmental auction
being held in Leesburg on May 3, 1980. He recommended the
City auction a 1972 Dodge Pickup and a 1977 Ford car, since
replacement vehicles were purchased this year for both ve-
hicles. There were no objections from the Council for
placing the car and truck in the Leesburg Auction.
EARLY RETIRMENT
The City Manager discussed a letter regarding the early re-
tirement of Griffin Keys who has served the City for 22 years.
He asked the Council to grant Mr. Keys early retirement at
age 62 as required by the City Code of Ordinances regarding
80-71 pensions. A MOTION WAS MADE BY COUNCILMAN COLS, SECONDED BY
COUNICLMAN T OMAS AND UNANIMOUSLY ADOPTED 0 GRAN MR. KEYS
EARLY RETIREMENT.
The Mayor suggested Mr. Forbes invite Mr. Keys to appear before
the Council and an appropriate remembrance be presented at that
time in appreciation of his service to his community.
WORKMEN'S COMPENSATION CO-INSURANCE COVERAGE
The City Manager explained that effective August 1, 1980 the
Workmen's Compensation Law requires Insurance Companies to
offer all employers co-insurance coverage. Co-insurance cover-
age means the city would participate in the payment of 20%
of every claim, up to either a $2,500 or 5,000 limit per claim.
City Manager Forbes recommended the co-insurance coverage be
refused since the city was averaging higher savings under its
present Plan. He also explained the City would be rebidding
its insurance in the near future. A MOTION WAS MADE BY
80-72 COUNCILMAN BYRD, SECONDED BY COUNCILMAN MEGIILE AND UNANIMOUSL
The meeting adourned at 8:10 P.M.
C
Mayor
Clerk
-2-
Memo to; Clermont City Council.
From: City Manager
subject: Weekly Memo
Data: April 18, 1980
PUBLIC WORKS. '19:1s week the fence was constructed at J. C.
Bench and nt the Orange 11111 Park. Work ❑lso began on the Tennis Courts
at the Middle School.
We Lire presently working on the layout for the sidewalk to be constructed
on Bloxam Avenue from Lake Shore Drive to Highway 50. Work is scheduled to
begin on this project within the next two weekq.
After two weeks of trial, we have placed the garbage collection process
back on the normal two truck, six man system. We did learn from this
trial that the one truck system can work for a limited period of time.
However, the much longer hours required on this system created problems
with the collection process.
UTILITIES. The Utility Department has been flushing water
-- mains and repincing meters. ... _.
Last Saturday, Preston Davis gave an excellent demonstration of the Treat-
ment Plant process. Nine persons attended this meeting and all. seemed to
enjoy the explanation of how a Treatment Plant works. I believe they left
this meeting with a better understanding of the Ci.ty's options and problems
regarding Waste Treatment.
KIWANIS CLUB. The Kiwanis Club will be holding a Fish-A-Thon
for children on Saturday, April 26, 1980 from 8:30 a.m. until Noon at
the City Fishing Pier on Lake Minneola.
ZONING. Enclosed is the letter on the Notice of Zoning Change
being sent to property owners effected by the Transition Zone changes.
POLICE. Fifteen Traffic Citations were issued in various parts
of the City last week. We have received some complaints of speeding on
Lake Shore Drive and have been carefully watching this area.
CLEAN COMMUNITY COPMISSION. Bob Smythe, Bob Wertz, and Ray Jack-
son are doing an excellent job working with the Clean Community Commission.
They are presently investigating the City's trash and garbage collection
system, and holding meetings with area businessmen to explain the Clean
Community System. They intend to have enough progress made to report to
the City at a Town Hall Meeting that could be held in June.
Respectfully, /mil
�
�Z e)'.�; a
George D.�orbes
City Manager
CDF:pm _
Enclosure
i
4a ►. P.O. nOx 219 • WnmoNT, FLORIDA 32711 • PHONE 004/394A001 1
April 8, 1980 r
RE: NOTICE 01.1 ZONING CHANGE,
Dear Clermont 1'roper.ty Owner:
The City Council of the City of Clermont i❑ conducting a Public Nearing
to rezone land within the aren shown on the attached map.
Thin property is presently zoned under u temporary 'Transition Zone classif-
ication that was established in 1969. The purpose of these Transition Zones
was to allow existing uses within these zones to remain and expand for a
period of fifteen years (Itil 1984), after which time all uses were to con-
form with the requirements of the R-3 multiple Family Zone.
This means that ae the Zoning Ordinance is presently written, in June of 1984
I
all of the uses in the Transition Zones must
conform to the uses permitted in
the Multiple Family Zone. It does not allow for the Industries and Businesses 1
presently located within these Zones. The proposed Zoning Revisions remove
the Transition 'Lone classification from the Zoning Ordinance, and rezones these '1
properties in a manner that would reflect their best use in our community. The
attached map shows the proposed zoning changes.
The City Council of the City of Clermont would be interested in any comments
that you might have on this matter.
A Public Hearing on these 'Zoning Amendments has been set for Tuesday, may 27,
1980 at 7:30 p.m. in the City Council Chambers, which is located at 882 DeSoto
Street in Clermont (Public Safety Building).
I Thank you for your consideration.
Respectfully,
George D Forbes
City manager
GDF:pm
Enclosure
LECAI, NII'IICE
AMRNMMENV; '1'O ZONINC ORDINANCE
The City Cminrll of Lhc CITY of Clcrmuml A II be CotidiirlIng n i'ub1lu
Ilc,iring on Proposed Admendnarnta to the CILy Zoning Ordlmm�•e on 'I'ucndily,
Miry 21, 1980 at 7:30 p.m, In III,- CILy Ceunrl 1. L'hnmbi.rro, 11112 DOSnta Stt•vet,
Clermont, Florida (1111bllr Salety Ilullding).
The purpose of the I'ropoecd Chnnl;oa +Ira lu Conatdert
I. Ortlitimte No. 208-C amending Appendix A, Zoning Ordinance
of the Clty of Clermont.
2. Ordinance No. 206-C emending Lha official. Zoning Map of
Clormimt, Florida rezoning real proporty from Tranuttlon Zono
cl-;siflcation to Industrial, Mul.tipic Family, Light, and Con -
oral Comumel'clal Dlstrtct CLisall'tl;atians
PIDILISN IN THE, SOUTH LAKE PRESS Aprti 24, L980 and
May 1.5, 1980.
Memo to: City Council.
From: City Manager
Subject: Pena Lan Plan Actuarial Valuation
Uatc: April 10, 1980
'Ilia CiCy's Actuaries, the Firm of Kruse, O'Connor and Ling, Inc. has completed
the Actuarial Valuation of the City'a Pension Plans an of October 1, 1979.
The Actuaries Report demonstrates that all of our Pension Plans are fiscally
sound, and a brief evaluation of the Report on the Plan is an follows:
GENERAL F.NPLOYEL•'S PENSION FUND. Two of the most important
criteria of ❑ sound Pension Plan is that the required Clty contributions re-
main level, and that the total assets of the trust are enough to fund all the
accrued and vested benefits of the plan.
Attachment 1 shows that as of October 1, 1979, the total assets of the General
Employee's Pension Plan is $151,495, which is more than the present value of
benefits earned by employees vested in the plan, or $133,135.
The required City contribution of 8.1% of payroll to fund this plan has been
and is level by dollar amount, although the percent must beincreasedto 8.7%
in next year's budget. This increased percentage reflects an adjustment
necessary to pay the unfunded accrued liability that resulted when the plan
was started in 1960. When a Pension Plan is as
for a given group,
the members of the group on the date of establishment are granted credit for
all past service for benefit purposes. Therefore on the effective date of
the plan, a liability immediately arises for service performed to such date.
This liability is called the unfunded accrued liability, which is funded over
a 40 year period of time or until the year 2,000.
'file General Employee's Retirement Plan is funded solely by the City, with no
employee contributions. The normal retirement date for General Employees is
age 65, with early retirement allowed with City Council permission at age 60.
POLICE PENSION PLAN. Attachment 2 demonstrates that the
Police Pension Plan is also sound. Ilia present value of benefits accrued and
vested by employees as of October 1, 1979 was $49,513, while the total assets
of the trust are $75,769.
The Police Pension Plan is funded in part by the City and by insurance premium
tax refunds. There is no difference in the benefits received by Policemen and
Firemen except for retirement dates.
State law mandates that Police and Fire Pension Plans allow normal retirement
at age 60, with early retirement at age 55.
The percent of payroll needed to fund the Police Pension Plan beginning 1980
Is 12% which is slightly less than the 12.3% required for the past two years.
Again, tl:e fairly stable amount of annual contributions required is a sign of
a sound Pension Plan.
Pago 2
Msmo to; City Council
Subject: Pension Plan Actuarin] Vn.luntlnn
Da to: April 18, 1980
POLICE PENSION PLAN (conClnucd however, in the Pont few
yearn there wan no required City contribution to the Police Trust since
Insurance tax refunds funded the entire plan. In 1980, the City will be
required to contribute 5.3% of our Annual payroll to this plan and the remain-
ing 6.7% will be funded by the expected State contributions. This is the
result of an unexpected decrease in State Premium tax refunds over the last
two years. The present level of local contributions of 5.32 of payroll will
be required until the amounts received from the State again exceed the level
of 12% of payroll.
VOLUNTEER FIREMEN. Lost year the City began the Volunteer
Firemen Pension Plan. This Plnn in fully funded by the State and no further
contributions are necessary at this time. Attachment 3 shows that the present
value of benefits accrued and vested by employees to date is $5,308, while the
total assets of the trust are $30,688.
CONCLUSION. The City's Pension Plans are fiscally sound.
Monies in all trusts presently exceeds the amount of benefits vested by City
employees. It is disturbing that the State contributions to the Pension Plans
dropped for two years 1n a raw. We will further investigate the situation.
Respectfully,
George D. Forbes
City Manager
CDF:pm
Enclosures
ATTACHMENT 1 I
a
GENERAL EMPLOYEES
SUMMARY OF VALUATION RESULTS
As of
October 1
1977
1979
Number Includud In Valuation
Active Employees
40
34
Retirees and Beneficiaries
5
5
Vested Terminations
0
0
Annual Valuation Payroll
$308.369
$290,480
Present Value of Benefits
Total
325,086
370,533
Accrued to Date and Vested
101,640
133,135
Assets
1o5,495
151,495
Unfunded Accrued Liability (UAL)
103,472
111,126
Amount Required to Amortize the UAL
- over a 40 Year Period beginning In
_
1960.
8,410
9,446
v of Covered Annual Payroll
2.7%
3.32
Normal (Current Service) Cost
16,730
15,827
% of Covered Annual Payroll
5.4%
5.4%
Total Contribution
25,140
25,273
2 of Covered Annual Payroll
8.1%
8.7%
AY[I',1'6, NYi61',%'UliemllJ.\U, I.PC
!
ATTACHMENT 2 5
POLICE
SUMMARY OF VALUATION
RESULTS
As
of October 1
1977
19779
Number Included In Valuation
Active Employees
6
Retirees and Beneficiaries
0
0
Vested Terminations
0
0
Annual Valuation Payroll
$ 61,631
$ 99,1111
Present Value of Benefits
Total
141,888
205,217
Accrued to Date and Vested
36,062
49,513
Assets
53,921
75,769
Unfunded Accrued Liability (UAL)
37,909
38,134
Amount Required to Amortize the UAL
over a 40 year Period beginning
- -
In 1960.
3,085
3,241
% of Covered Annual Payroll
5.0%
3.3%
Normal (Current Service) Cost
4,520
8,697
% of Covered Annual Payroll
7.3%
8.7%
Total Contribution
7,604
11,939
% of Covered Annual Payroll
12.3%
12.0%
Expected State Contribution *
8,306
6,627
% of Covered Annual Payroll
13.5%
6.7%
Required City Contribution
0
5,312
% of Covered Annual Payroll
--
5.3%
*Assumed same as amount received
In previous
year.
l.l.P!
1, L1'C
.
AWACHMENT 3 6
VOLUNTEER FIREMEN
SUMMARY OF VALUATION RESULTS
As of October I
1979
Number Included In Valuation
Active Employees
15
Retirees and Beneficiaries
0
Vested Terminations
0
Present value of Benefits
Total
$ 18,375
Accrued to Bate and Vested
5,308
Assets
30,688
Unfunded Accrued Liability (UAL)
0
Amount Required to Amortize the UAL over
a 40 year Period beginning In 1960
0
2 of Covered Annual Payroll
--
Normal (Current Service) Cost
0*
% of Covered Annual Payroll
--
Total Contribution
0
% of Covered Annual Payroll
__
Expected State Contribution ,tn
2,665
% of Covered Annual Payroll
--
Required City Contribution
0
% of Covered Annual Payroll
-
Plan Is.fully funded
t Assumed same as amount for previous year.
6 K1!.17(, U'("/ %,\ nK onJ /.l,%,;. /AC
'DILLS PAID
AS
OF MARCH 31, 1980
Allied Chlorins
Chlorine
$ 1,46.00
Armstrong Paints
Paint Suppliers
54.50
935.00
B 6 II Bales
Inventory
35,00
r ,
Bill u Auto Laren
Truck Seat
4.77
Bob Wads Ford, Inc.
Auto Repairs
87.75
Cal 11agntrom Company
copier supplies
P
4.75
Carroll Gas
Fuel
1.00
Chain of Lakoa
Clermont Buildar.o Supply
Auto Parts
BuLlding Supplian
251.10
128.57
Clermont Auto Parts
Auto Parts
92'�r�r
Curlwoad Safety, Inc.
Cloven
Typewriter Top
10.00
Clermont Cabinet Shop
Clement's fast Control
Service Charge
13.00
108.00
Clermont Travel
Air fare /Mayor
52.25
Michael J. Colitz and Assoc.
Pump Parts
155.71
Curtin Matheson Scientific, Inc.
Lab Supplies
307.83
Davis Water and Waste Ind.
Chemicals
481.18
Dowling Fire Equipment
Inv. Supplies
2,§78.02
R. C. Dunn Oil
Gas
Electric Motor Repair Corp.
Parts
Strip Charts
53.1.19
Envirotech
Electro Protective Corp.
March Services
161.10
33.60
Electra - Mash Corp.
Relays for Scorboard
708.06
Florida Telephone
Utilities
9,891.83
Florida Power
Utilities
Plumbing Repairs
429,68
Floyd's Plumbing
Gene Forhand Plumbing Repairs
Repairs
10.00
9,000.00
Greenlee, Paul, Furnas and Kerr as
78-79 Audit
Hardware Supplies
31.99
Howard's Hardware
Heintzelman's Truck, Inc.
Transmission Repair
2,104.58
172.48
Harmon Glass of Florida
Wired Glass
Inventory Supplies
178.55
Hughes Supply
Hunt's Garden Supplies
Garden Supplies
39.33
20.40
Hubbard Construction Co.
mens Vest
OffFlaice Supplies
878.19 _
Hilltop Stationery
Electrical parts
32.00
Hanks Electric
Maintenance Agreement
. 871 0
2870
IBM
Jerry's Lock and Key
Lock Guard
31..90
John's Radiator
Repair Radiator
37.14
Karla Photo Shop
Film Supplies
189.80
Kirkland Cabinet Shop
Kiplinger, Washington Editors
Tile
Magazine Subsci
g p'
32.00
502.43
Kennedy and Company
A/C Maintenance
355.00
Lake Communications Services
Solid State Comm.
158.29Landfill
Lake Apopka Natural Gas
Utilities
539.25
Lake County Board of Comm.
Charges
Class if Ads
40.54
Leesburg Commercial
Tire Repair
150.00
Leesburg Tire and Battery
13.81
Harry P. Lee, Inc.
Saw
Cemetery Monuments
513.00
Mathews
Motorola, Inc.
Maint. Agreement
105.50
5,411.00
Olivbaum Insurance Co.
Workmens Comp. Adj.
33.60
Orlando Labortories
Lab Supplies
25.57
Packaged Merchandise
Ring Kit
Gov't En•?elcprs
15.95
Press Time
Soap Dispensers
18.46
Pro Chem
Camera Supplies
10.49
Publix
Tennis Net
94.44
Radnor Corp.
Uniforms
51.50
Sears
Shelfer Ford
Tractor Repairs
148.88
69.45
South Lake Press
Classified Ads
Professional Eng. Services
2,762.89
Springstead and Assoc.
11.14
Seidle's Chevrolet
Door Handle
2,046.20
Sta Con
Wesco Starter
302.43
Standard Auto Parts
parts
Resurfacing Tennis Courts
2,624.00
Joe W. Teel, Inc.
Checks
375.24
Valbro Business Forma
Irrigation Supplies
39.69
The Water Role
Williams Steele Ind.
Acetylene Gas
23.85
10.40
Zee Medical Service
Medical Supplies
$46,695.34
61e1110 to: C.LormonL City Council.
Fron;: City Motingar
Sub;JeeL: Auction of Surplus ProparLy
Data; April 18, 1980
The City of Lce;tburg is conducting an lnLergovernnwntal Auction to be
held on May 3, 1980.
1 would recommend that Lila City's 1972 Dodge Pickup and 1977 Ford as
described on the attached memo be declared surplus property in order
to sell these vehicles nt the auction.
Replacement vehicles were purchased this year for both of these auto-
mobiles.
Respectfully,.
i
George D. Forbes
City Manager
GDF:pm
Enclosure
:ram CITY OF CLERIWOii T
1. 0, Ito% "lio • cl nimow, rt 01110A :0111 • 11110Nf W11114 4nol
April 7, 1990
John Spcncu
i'nl'chnoing Agent
City a LceaburC
Lcenburg, Vlorida 72748
Ucar Mr. Spence:
The Clty of Clermont would 1_11u: to Lncludc tho following In the
Lntergovernnmlttal Auctlon to he hold, May 1, "110,
1. olur 1972 Dodge pickup, 1i Ton
Vohlcic IdontHIt-ulon ll 1114AIi2n5't5'4'il
Mlnlnnull hid2. Rttl)0.
One 1977 ('nrd 4-door Sed;ltt _ ..
Vahlcle Idontirtcatlon ll 7112'711162'121
Mlnluwnl hid $1,250.
If you u11otil.1 uecd any further informal: foil, please call..
Sincr.rely,
IJ;ty11�✓ tinondcro
Rlnance DIrcctor
IJS : pm
hlomo to: (aty Council
From: City Planagor.
Subject•: Enr.l.y Ietirement KequellL
Date: April 18, 1980
Attached is a letter requesting early retirement from Griffin Keys, n City
Public Works employee. Plr. Keys requests that the City +:llaw hi.m to retire
at age 62. The City's Pension Plan provides for a normal. retirement at age
65. however, Section 16-5 of the Municipal. Code of Ordinances allows early
retirement at age 60 upon approval by the City Council.
Mr. Keys has been employed by Lhe City for. 22 years ❑nd has been a valuable
and loyal employee. Last year he was seriously ill with diabetes and had to
have part of his foot amputated. Due to this disability he now wishes to
retire, and 1 recommend that his request be granted.
Respectfully, /
George D. Forbes
City Manager
GDP:pm
Enclosure
George Forbes
City Manager
#1 Westgate Plaza
Clermont, Florida 32711
Dear Mr. Forbes:
This is my formal request for retirement. I would like my
retirement to become effective April30, 1980. I was 52 years
old September 15, 1979 and have worked with the City since
October 20, 1958.
Sincerely,
Griffen Keys
Memo to: City Council.
From: City Manager
Subject: Workmens Compensation Insurance
Date: Apr1.l.18, .I980
linelosed is a letter from the 01tvenbaum insurance Agency regarding tlae
City's Workmenn Compensation Plan.
Effective August 1, 1979, the new Workmenn Compensation Law requires
Insurance Companies to offer all employers co-insurance coverage.
Co-insurance coverage means that an employer will participate in the pay-
ment of every claim. It would require the City to pay 20% of: every
claim, up to either a $2,500 or $5,000 limit per claim. All claims
above this limit would be payed by the insurance agency.
Enclosed is a memo from the Finance Director regarding the co-insurance
coverage. While this coverage would have saved the City an average of
$457 a year over the past three years, the type of plan in which the City is
currently enrolled has paid a dividend averaging $1,002 a year over the
past. ten, years.
I would recommend that the City reject the co-insurance coverage.
Respectfully,
George D. Forbes
City Manager
GDF:pm
Enclosure
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CITY OF CLERMONT
P.O. BOX 219 CLERMONT, FLOMDA 32711 • PHONE D04/394.4081
Memo to: City Manager
From: Finance Director
Subject: Co -Insurance Option
Date: April 17, 1980
I have received an option for agreement to or rejection of a
Co -Insurance Plan. After investigating the alternatives, I
have concluded the City could have saved an average of $457
a year over the past three years with this type plan. How-
ever, the participation type plan in which the City is cur-
rently enrolled has paid an average dividend of $1002 a year
over the past ten years. In light of these facts, I would
strongly recommend the City reject the Co -Insurance Option. -
Respectfully,
Way e aunders
Finance Director
WS:pm
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"I nuvunnoY: ul npu ❑nNIN Y:"" C:I.LHM014'1, FLORIDA 32711
An11111i 1111N 1r' III; IIIN Y'lI N"
PIICING 394,3923
IMPORTANT INFORMATION CONCERNING WORKEKS' COMPCNSATION REQUIREMENT
Dear Customer:
Effective August I, 1979, thu new Workers' Cempensation Law of
the State of Florida requires that coinsurance coverage be offered
the employer. If the employer desires full coverage, he14UST
specifically reject the coinsurance coverage.
Coinsurance coverage means that the employer will participate in
the payment of EVERY claim, during the policy period, on a percentage
basis, up to a specified amount. If the employer elects the coinsurance
coverage, his annual premiums will be reduced by a set percentage,
dppending on. which coinsurance program he elects.
The law permits the employer to pay 20% of EVERY CLAIM, both
medical and Indemnity benefits, up to either $2,500.00 oror $5,000.00- —
per claim. If the employer elects the $2,500.00 program, his maximum
participation per claim would be $500.00 (20% of $2,500.00), and his
annual premium would be reduced 5%. If the employer elects the $5000.00
program, his maximum participation per claim would be $1,000.00
(20% of $5,000.00), and his annual premium would be reduced 6.1%
On the reverse of this letter is an example of haw each plan
will effect you on a per claim basis.
Please note that your savings will be small unless you have a
very large annual workers' compensation premium. A 3% savings on
a $1,500.00 annual premium would be only $75.00 and you would have
to pay up to $500.00,per claim for each employee injured during the
policy year.
tl>ti>4t1 i�ir,'Iin4ic,4 ATTACHED IS YOUR ELECTION/REJECTION FORM THAT MUST BE SIGNED
AT ONCE AND RETURNED TO OUR OFFICE WITHIN 10 DAYS.
Please do not fail.to make your selection as this is a requirement
of the Department of Workers' Compensation.
Thank you.
Very truly yours,
GTenn A. 01ivenbaum
1
COINSURANCI! COVIMME PROGRAM - rl,OlMJA
P.PfECI'IVII 8-1-79
ALTERNATIVE Ill - INSUREDS PARTICIPATION
III' TO $500.00 PER CLAIM (M% of $2500,00), VREMIUM
REDUCED 5.Ak
-.___.-.--_--
LossE:;
TOTAL LOSS COST (PER CLAIM EMPLOYERS PORTION (PER CLAIM)
INSIIRANC1: COMPANY PORTION WHR CLAIMS`.
$ 0.00
$
0.00
$ 0100
$ 100.00
$
20.00
$ 80.00
$ 150.00
$
30.00
$ 120.00
$ 200.00
$
40.00
'6 160.00
$ 300.00
$
60.00
1: 240.00
$ 500.00
$
100.00
$ 400.00
$ 1,000.00
$
200.00
$ 800,00
$ 1,500.00
$
300.00
$ 1,200.00
$ 2,000.00
$
400.00
$ 1,600.00
$ 2,500.00
$
500.00
$ 2,000.00
$ 3,000.00
$
500.00
$ 2,500.00
$ 5,000.00
$
500.00
$ 4,500.00
$10,000.00
$
500.00
$ 9,500.00 lr',
$15,000.00
$
500.00
$14,500.00
".
$20,000.00
$
500.00
:F19,500.00
ALTERNATIVE 02 - INSUREDS PARTICIPATION UP TO $1000.00 PER CLAIM (20% of $5000.00). PREMIUM
REDUCED 6.1%
LOSSES
TOTAL LOSS COST (PER CLAIM) EMPLOYERS
PORTION (PER CLAIM)
INSURANCE COMPANY POKHON (PER CLAIM)
$ 100.00
$ 20.00
$ 80.00
$ 200.00
$ 40.00
$ 160.00
$ 300.00
$ 60.00
$ 240.00
$ 500.00
$ 100.00
$ 400.00
$ 1,000.00
$ 200.00
$ 800.00
$ 2,000.00
$ 400.00
$ 1,600.00 P
$ 3,000.00
$ 600.00
$ 2,400.00
$ 5,000.00
$ 1,000.00
$ 4,000.00
$ 7,000.00
$ 1,000.00
$ 6,000.00
$10,000.00
$ 1,000.00
$ 9,000.00
$15,000.00
$ I,000.00
$14,000.00
$20,000.00
$ 1,()00.00
$19,000.00
Pi'
The FIorlda Workers' Compensation Law provides fnl c0IIIs" fail I tl M Ills opholI of IIin Inbured Ili
insured may elect to pay 20% of heneflL, due under the Llw up to $2,500 oI $5,000 pet 0.1.111 and, in
such case, the carrier is responsible for the femaming henehls Hill, Pulsuanl In the plovi"lons of the
Florida Workers' Compensation Law, anyrelectlon Ill c011"arllllt.0, ioo1 t he made In WI Itlnq. I lnl N Io
confirm that the coinsurance option has hewn road" avadahl" dolt ynul ele, hrin.
The undersigned hereby aglow In arr",I'l I nuruianl"uI to rya I t um,w,uol e,r, unh: etml
Accept Relent
mavintunt c-nitn.tm"
$5,000 ma,tunum colnsufance��� _
April 23 1980
Employer Name Date SuJ na ule and Title
Ccorge D. Forbes, City Manager
Agent Name. Dale Slgnalum
I
I
1
I
y
CITY OF CLCRMONT
P.O. BOX 210 • CLERMONT, FLORIDA 32711 • PHONE 9D4/394•4001
April 23, 1980
olivenbaum Insurance
Post Office Box 218
Clermont, Florida 32711
Dear Axel:
Enclosed is the City of Clermonts rejection of Co-insurance
coverage._
Please sign this document and forward it to, the appropriate �?
agencies. �E
13iank you for your continued cooperation, and if you have it
any questions, please feel free to contact me.
Respectfully,
llff �i . v
George D. Forbes
City Manager
CDF:pm �>
Enclosure I:'
The Flotilla Workers' Compensation Lew prnvnlm Im rnur,u,attrn ar Ihr nl taus of Ih-: ar,00td the
el5ungl nrry elect to pay 20% of heartily, doe undue Iha Lew ul, Io J.",Y)o n V000 pm ,lams dad. M
such ca%r„ ille earner i5 tespnnsihle for the irniaaanq henohl5'bay Ihnsu.u,l to Ihu ptnvr,u ns of Ihrt
Ilunda Workut5' Compumal Ion Law, anyirryct. Hon al r aM•au anrr nin,I W. in.rdv ar vn,lmq. Ihr•, r, w
conholl Ihel lira colmolam'r} olrlron h.,% la•nn nwdr ,w.rd,ildON., hno
Cha undr15vrptrd hrrehy l(j ryes In ,n , epI , uur,w nni e ur In n „ t r n rrdu aro as M li alyd j j
accept Rem 1 1;I1.
� ,I Q,?,y(1t1 nia. nnum �.nut5wam n
1 1-1 yV 'a J,OQ(( Ir 41�III II IIa CIlalSlllda�'e ,,
VV
_..'
Gnployet Namr Dalo Ccorge t1 i Ponceu, City Manager
l
• n!Irnl M,unu
Dale Supratwr.
r'I
r ��, �., o•,n wo