HomeMy WebLinkAboutCC AG PKT 2006-07-24 #F r
City of Seal Beach
Agenda Report
i r
Date: July 24, 2006 c
To: Honorable Mayor and City Council
From: John B. Bahor
City Manager
Subject: INDEMNIFICATION AGREEMENT — CITY OF SEAL BEACH AND
SEAL BEACH 5 /10K COMMITTEE
SUMMARY OF REQUEST:
The Seal Beach 5 /10K Race Committee has awarded the City of Seal Beach $ 1 fora
new diving board for the McGaugh Pool contingent upon a release of liabilr _agreement
The attached agreement provides the Committee with indemnification for the donation of
$1,100;
BACKGROUND:
The Seal Beach 5 /10K Race Committee gives monetary grants to a variety of worthy
programs and organizations throughout the City. This year the Committee desires to
donate $1,100 for a new low -level diving board at the McGaugh Pool. A concern has
arisen garding the liability of making such a donation. In order to alleviate the liability
concern, an indemnification agreement has been prepared by the City Attorney to protect
the 5 /10K Race Committee.
Although the liability issue is remote since the City will purchase, install and maintain
the diving board there remains a remote possibility that should a negative event occur, the
5/10K Race Committee could share the liability exposure. This agreement insulates the
Committee from the liability exposure.
FISCAL IMPACT:
No fiscal impact.
AGENDA ITEM E
4 .
RECOMMENDATION:
Authorize the City Manager to execute the indemnification agreement.
ATTACHMENT:
A) Indemnification agreement between the City of Seal Beach and the 5 /10K Race
Committee