[Amended 12-17-1976 by Ord. No. 16971; 5-9-1977 by Ord. No. 77-35; 6-23-2003 by Ord. No. 2003-12]
The Mayor of the City of Schenectady is authorized,
with the approval of the Corporation Counsel, to execute proofs of
loss and releases of claims in favor of the City if the payment to
the City is for the amount of the claim or if the claim by the City
does not exceed $500. A release of a claim in excess of $500 is subject
to approval by the City Council if the amount to be paid to the City
is less than the amount of the claim.
[Added 4-12-1976 by Ord. No. 17012; amended 6-23-2003 by Ord. No. 2003-12]
A. The Corporation Counsel is authorized to enter into
writing agreements settling claims against the City for amounts not
exceeding $500 each. If the Claims Committee of the City Council approves
a settlement, the Director of Finance is authorized to pay the agreed
amount and to charge the appropriate budget code. The Corporation
Counsel shall file with the City Council a monthly written report
of claims so settled.
B. The Corporation Counsel, with the informal approval
of the Claims Committee, is authorized to enter into written agreements
settling claims against the City for amounts in excess of $500 each.
If the City Council by resolution approves a settlement, the Director
of Finance is authorized to pay the agreed amount and to charge the
appropriate budget code.
The Mayor, subject to the approval of the Council,
shall obtain insurance adequate to protect the City.