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HomeMy WebLinkAboutCC Res 5006 2002-05-13 I I I RESOLUTION NUMBER ,5;; b A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, COUNTY OF ORANGE, CALIFORNIA, APPROVING EXECUTION OF THE JOINT POWERS AGREEMENT CREATING THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY, AND FURTHER APPROVING P ARTICIP A TION IN ITS JOINT PROTECTION PROGRAM PROVIDING LIABILITY COVERAGE THROUGH SELF-INSURANCE, LOSS POOLING AND EXCESS INSURANCE THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY FIND AND RESOLVE AS FOLLOWS: WHEREAS, pursuant to the'provisions of Sections 990, 990.4, 990.8 and 6500 of the Govemment Code, CALIFORNIA JOINT POWERS INSURANCE AUnmRITY ("CALIFORNIA JPIA") has been created by a Joint Powers Agreement; and WHEREAS, a Joint Protection Program has been developed by said CALIFORNIA JPIA pursuant to the provisions of said Agreement; and WHEREAS, Article 22 of said Agreement provides for additional cities to become parties to the Joint Powers Agreement creating the CALIFORNIA JPIA, after the first year of its operation, and thereupon enter the Joint Protection Program providing General and Automobile Liability Coverage through self-insurance and loss pooling; and WHEREAS, the self-insurance and loss pooling programs of the CALIFORNIA JPIA, as well as its group insurance coverage programs, offer significant advantages to the City in terms of cost, protection, risk management and loss ~ntrol advice and assistance, and entering such programs would be and is in the best interest of this City. NOW, THEREFORE, CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE, ORDER AND DETERMINE THE FOLLOWING: Section I. That the Mayor of the City of Seal Beach is hereby authorized and directed to execute the Joint Powers Agreement on behalf of the City of Seal Beach binding the City to the terms and conditions of said Agreement. Section 2. That the City of Seal Beach hereby joins the Joint Protection Program of CALIFORNIA JPIA, providing self-insurance and loss pooling for Genera) and Automobile Liability for a period of not less than three (3) years. Section 3. That an Initial Annual General Liability Program Primary Deposit 0[$239,794 for the Period July 1,2002 to June 30, 2003 is approved and the appropriate officers of the City are authorized to pay the same to the CALIFORNIA JPIA. PASS/!~D APPROVED by ,j'!. day of , City Council of the City of Seal Beach this , 2002 by the following vote: AYES: Councilmemb NOES: Councilmembe ABSENT: Councilmembers &~~ Resolution Number ~~ ATTEST: STATE OF CALIFORNIA) COUNTY OF ORANGE )SS CITY OF SEAL BEACH ) I, Joanne M. Yeo, City Clerk of Seal Beach, califo~ hereby certifY that the foregoing resolution is the original copy of Resolution Numb _ on file in the office of the City Clerk, ,..,... '"RW"" ... iR by'" C;~ o~'" C;1y ofs..J B=h," . regul~ .....0' thereof held on the _ day of , 2002. I I I