(A) Approval of the Risk Management Policy Manual. The RMAS shall prepare a Risk Management Internal Service Funds Policy Manual. The Manual and any amendments thereto, from time to time, shall be submitted to the Board of Aldermen by the Mayor. The Board of Aldermen shall vote to approve or disapprove the Policy Manual by resolution requiring a majority vote of the members of the Board present and voting at a meeting thereof.
(B) Purpose. The purpose of the Risk Management Internal Service Funds Policy Manual shall be to set forth the policies and procedures by which the city controls and accounts for its exposure to risk to a combination of insurance and self-insured programs under the jurisdiction of the RMAS, to be administered by the Risk Manager.
(Ord. passed 4-7-2003)