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E. Budget Amendment #040 - Insurance Claim Escrow Funds <br />The Board reviewed memo from OMB Director Baird: <br />TO: Members of the Board <br />of County Commissioners <br />DATE: January 23, 1989 <br />SUBJECT: BUDGET AMENDMENT 040 <br />SETTING UP INSURANCE <br />ESCROW FUNDS <br />CONSENT AGENDA <br />FROM: Joseph A. Baird <br />OMB Director <br />CLAIM <br />DESCRIPTION AND CONDITIONS <br />The attached budget amendment develops an Insurance Claim Escrow <br />fund for the payment of insurance claims. The claim fund will <br />have an initial $400,000 from which to pay insurance claims. <br />RECOMMENDATION <br />Staff recommends that the Board approve Budget Amendment 040. <br />ON MOTION by Commissioner Scurlock, SECONDED by Com- <br />missioner Bird, the Board unanimously approved Budget <br />Amendment #040 developing an Insurance Claim Escrow <br />Fund. <br />AN 31 1S89 400!< 75 fv.E733 <br />