CC RES 1977-099 RESOLUTION NO. 77-99
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES CONSENTING
CONDITIONALLY TO ENTER THE JOINT PROTECTION
PROGRAM OF THE SOUTHERN CALIFORNIA JOINT
POWERS INSURANCE AUTHORITY
The City Council of the City of Rancho Palos Verdes does hereby find, determine,
and resolve as follows:
WHEREAS, pursuant to the provisions of Sections 990, 990.4, 990.8, and 6500 of
the Government Code, this City has heretofore entered into an agreement with various
other cities entitled Joint Powers Agreement: Creating the Southern California Joint
Powers Insurance Authority (the "Authority") for the purpose of creating a joint powers
insurance authority to provide for and administer a joint protection program as more
fully set forth in said Agreement; and
WHEREAS, said Agreement has heretofore become effective pursuant to its terms
by virtue of execution by thirty (30) cities and now has forty-six (46) Member Cities,
including this City; and
WHEREAS, a joint protection program has been developed by said Authority pursuant
to the provisions of said Agreement, and in particular Articles 15, 16 and 21 thereof,
the basic terms of which program are set forth in the consultants' Report on Joint
Liability Protection Program dated November 30, 1977, a copy of which is on file in
the office of the City Clerk of this City, and is incorporated in this resolution by
reference; and
WHEREAS, estimated first year's premiums for the several Member Cities have been
developed pursuant to said Agreement and the estimated premium for this City is set
forth in a schedule prepared by paid consultants, dated December 9, 1977 under the
heading Southern California Joint Powers Insurance Authority, Deposit Premiums Current
Cost Basis, a copy of which is on file in the office of the City Clerk of this City;
and
WHEREAS, said report and schedule give notice that the estimated initial premium
deposit to be made by this City in the sum of $ 34,227.00; and
WHEREAS, said joint protection program offers significant advantages to this City
in terms of cost, liability protection, and services, and entering such program, on
the conditions hereinafter set forth, would be and is in the best interest of this City.
NOW, THEREFORE, BE IT RESOLVED:
Section 1. That the City of Rancho Palos Verdes hereby consents pursuant to the
terms of this Agreement, to enter said joint protection program on the following
conditions:
(a) That the initial premium for this City for the first year of such
joint protection program, as determined by the Authority following the expiration of
thirty (30) days after date of said schedule (December 9, 1977) , shall not exceed the
amount of the estimated initial premium deposit hereinabove set forth; and
(b) That the cost of excess insurance for the first year will not exceed
forty per cent (40%) of the amount of said estimated initial premium deposit; and
(c) That at least thirty (30) of the Member Cities consent in writing
to enter said joint protection program, all as more particularly set forth in said
Agreement.
Section 2. That the City Clerk of this City is directed to certify a copy of this
resolution and to forward the same promptly by mail to the Southern California Joint
Powers Insurance Authority, 2468 Huntington Drive, San Marino, California 91108.
PASSED, APPROVED, AND ADOPTED this 20th day of December, 1977.
On the following roll call vote:
AYES: COUNCILMEMBER: Shaw, Ruth, Dyda, Buerk, and Mayor Ryan
NOES: COUNCILMEMBER: None
ABSENT: COUNCILMEMBER: None
ATTEST:
LEONARD G. WOOD, CITY CLERK AND
EX OFFICIO CLERK OF THE COUNCIL
By i1 A
ERK
I HEREBY CERTIFY that the foregoing is a true and correct copy
of a resolution passed and adopted by the City Council of the City
of Rancho Palos Verdes at a regular meeting thereof held on the 20th
day of December, 1977.
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