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HomeMy WebLinkAboutResolution No. 2016-C42RESOLUTION NO. 2016-C42 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA AUTHORIZING AND APPROVING POOLING OF SELF-INSURANCE THROUGH THE EXCESS LIABILITY PROTECTION PROGRAM OF THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY FIND AND RESOLVE AS FOLLOWS: WHEREAS, pursuant to the provisions of Section 6500 et seq. and also Sections 990.4 and 990.8 of the California Government Code, the California Joint Powers Insurance Authority ("California JPIA") was created in 1977; and WHEREAS, the City of Azusa has executed the Joint Powers Agreement, to become a member of the California JPIA; and WHEREAS, the California JPIA has established and administered a number of successful self-insurance and loss pooling programs since April 1, 1978; and WHEREAS, there are significant financial and administrative advantages for the City of Azusa to participate in the Excess Liability Program. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY RESOLVE, ORDER AND DETERMINE THE FOLLOWING: Section 1. Liability coverage for the City of Azusa through the Excess Liability Program of the California JPIA is hereby authorized and directed effective July 1, 2016, pursuant to the terms of the Excess Liability Program Memorandum of Coverage in effect at the time of any occurrence covered by the Memorandum of Coverage. Section 2. That an initial annual contribution of $996,500, or such pro -rata part thereof as the California JPIA might determine for coverage of less than a fiscal period, for the Excess Liability Protection Program is approved and the appropriate officers of the City of Azusa are authorized to pay the same to the California JPIA. Section 3. That City of Azusa will subsequently be required to make deposits and deposit adjustments as provided in the California JPIA Joint Powers Agreement. Section 4. That the Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Resolution, and thereupon the same shall take effect and be in force. Section 5. That the City Clerk is directed to forward a certified copy of this Resolution to the California JPIA, 8081 Moody Street, La Palma, CA 90623. PASSED, APPROVED and ADOPTED this 20'h day of June, 2016. /0,d 1 4 Jose�Romero Rocha Mayor ATTEST: gj rJ r a nce Cornejo J . City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 2016-C42 was duly adopted by the City Council of the City of Azusa at a regular meeting held on the 20`h day of June 2016, by the following vote of the Council: AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE 93fr207 pejo, Jr. City Clerk APPROVED AS TO FORM: — A ' Best Bei & Krieger, City Attorney