It shall be the duty of the insurance review committee to periodically review all insurance obligations and/or coverages held by the city and make recommendations concerning coverages to the appropriate boards and authorities concerning modifications or updates in obligations and/or coverages, at all times considering the cost effectiveness of such insurance obligations and/or coverages. The insurance review committee shall further send such recommendations to the board of public works and safety or appropriate board who shall select the most appropriate insurance coverages available from said recommendations or if said recommendations are not acceptable then refer the matter back to the review committee for further study of the matter. (Ord. 4-2021 (part), 2021; Ord. 96-14 (part), 1996: prior code § 2-61)