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HomeMy WebLinkAboutResolution No. 3848 RESOLUTION NO. 3848 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY TO RATIFY AN AGREEMENT WITH CERTAIN OTHER CITIES ENTITLED "JOINT EXERCISE OF POWERS AGREEMENT FOR INSURANCE AND RISK MANAGEMENT PURPOSES, AND RESCINDING RESOLUTION #3812. WHEREAS, Sections 990 and 6500 of the Government Code of the State of California authorizes municipalities to jointly exercise the power to manage their common risks. AND WHEREAS, the City Council of the City of Downey supports the purposes of the Independent Cities Risk Management Authority. NOW THEREFORE, the City Council of the City of Downey does resolve as follows: Section 1. That the City of Downey does hereby ratify the Joint Powers Agreement for Insurance and Risk Management Purposes and joins with certain other municipalities as a member of the Independent Cities Risk Management Authority and the Authority's Liability Risk Management Committee. Section 2. The City of Downey by ratifying the Agreement joins other cities in accepting the liability insurance quotation of the brokerage firm of Marsh & McLennan. Section 3. The Mayor of the City of Downey is hereby authorized to execute the Agreement on behalf of the City. Section 4. The City Clerk shall certify to the adoption of this resolution and thenceforth and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED THIS 22nd day of July , 1980. ti ‘ eodore H. Jac en g ayor ATTEST: /' D p - ._.City Clerk I HEREBY CERTIFY that the foregoing Resolution No. 3848 was approved and adopted at a regular meeting of the City Council held on the 22nd day of July , 1980, by the following vote to wit: AYES: 5 Council Members: Swearingen, Mackaig, Quinn, Cormack, Jackman NOES: 0 Council Members: None ABSENT: 0 Council Members: None IP4 ( :IcA \,,jepu • _ity Clerk