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HomeMy WebLinkAboutResolution No. 80110 0 RESOLUTION NO. 8011 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA EXPRESSING ITS INTENTION TO JOIN THE INDEPENDENT CITIES RISK MANAGEMENT AUTHORI- TY LIABILITY POOLING PROGRAM WHEREAS, the City of Azusa will be without insurance coverage for liability as of April 30, 1986; WHEREAS, the City of Azusa is very interested in the Independent Cities Risk Management Authority's proposed Liability Pooling Program as a potentially sound alternative to liability insurance; WHEREAS, the City of Azusa is concerned about some of the legal and business issues raised regarding the program but anticipates that such problems will be resolved in the near future by the joint efforts of the participants in the Joint Powers Authority; WHEREAS, the Independent Cities Risk Management Authori- ty has requested an expression of intent from the City of Azusa and other participant cities to join the Authority's program prior to April 25, 1986, but a formal legal commitment to the program will not be required until May, 1986; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF AZUSA AS FOLLOWS: SECTION 1. The City Council of the City of Azusa hereby expresses its intent to join the Independent Cities Risk Management Authority's Liability Pooling Program provided that the legal and business concerns raised about the Program are resolved to the satisfaction of the Council prior to its formal contractual commitment to the Program. SECTION 2. The City Clerk shall certify the adoption of this resolution. PASSED, APPROVED AND ADOPTED this 21st day of April MAYOR I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Azusa, at a regular meeting thereof, held on the 21st day of April 1986, by the following vote of the Council: AYES: COUNCILMEMBERS: AVILA, COOK, LATTA, MOSES NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: CRUZ I Ty CLERK