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HomeMy WebLinkAbout12615ORDINANCE NO. 12,615 AN ORDINANCE REQUIRING EMPLOYEES_..OF THE CITY OF LITTLE ROCK TO EXECUTE A SUBROGATION AGREEMENT IN FAVOR OF THE CITY OF LITTLE ROCK PRIOR TO RECEIVING SALARY, MEDICAL, HOSPITAL AND DOCTOR EXPENSES FROM THE CITY FOR INJURY INCURRED IN THE LINE OF DUTY; AND FOR OTHER PURPOSES BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. No employee of the City of Little Rock shall be paid salary for time lost or receive medical, hospital or doctor expenses from funds of.the City of Little Rock, all resulting from personal injury sustained while in the line of duty, unless he shall first execute an agreement acknowledging such payments to be a loan repayable only from money damages, if any, recovered from any Third Party person, firm or corpor- ation responsible and liable for the injury. The agreement shall subrogate the City to all rights, claims and interest the employee may have against any third party Tort - feasor respon- sible and liable for the injury tothe extent that the total, amount of funds loaned by the City is repaid. Further, the Agreement shall authorize the City to sue, compromise or settle in the employee's name the claims of the employee covering the items of damage herein identified to the extent that the total amount of funds loaned by the City is repaid. SECTION 2. This Ordinance shall be in full force and effect from and after its passage. PASSED: February 15, 1972 ATTEST: 6le4r APPROVED: Mayor. OGLL' - 7 ✓j