HomeMy WebLinkAboutResolution No. 18-7771-Providing Notice of Withdraw from ICRMARESOLUTION NO. 18-7771
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
RESCINDING d NO. PROVIDING • OF
CITY'S INTENT TO WITHDRAW FROMINDEPENDENT
AUTHORITYMANAGEMENT
WHEREAS, the Independent Cities Risk Management Authority (ICRMA) provides a
variety of pooled insurance products to its member cities; and
WHEREAS, the City of Downey is currently an ICRMA Governing Board Member and
participates in various ICRMA insurance programs; and
WHEREAS, the Joint Exercise of Powers Agreement for Insurance and Risk
Management Purposes and the By-laws of the ICRMA establish the guidelines for participation
in the insurance and other related programs offered by ICRMA and further provide the process
for withdrawal from the ICRMA; and
WHEREAS, on November 14, 2017, the City Council previously adopted a resolution
providing notice of the City's intent to withdraw from ICRMA, which noted that the City Council
may rescind the resolution pending the outcome of the City's due diligence analysis of its
insurance program options; and
WHEREAS, the City of Downey \wishes to rescind Resolution No. 17-7757 adopted on
November 14, 2017, which had noticed the City's intent to withdraw from ICRMA.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City rescinds Resolution No. 17-7757 adopted on November 14, 2017,
and will continue as a member of the Independent Cities Risk Management Authority when its
membership period is renewed at 12:00 a.m. on July 1, 2018.
SECTION 2. The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 23rd day of January, 2018.
SEAN ASHTON, Mayor
ATTEST.
MAR IICIA DUARTE, MC
City Clerk
RESOLUTION NO. 18-7771
PAGE 2
I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of
the City of Downey at a regular meeting held on the 23d day of January, 2018 by the following
vote, to wit:
Council Members: Pacheco, Saab,
Council Member: None.
Council Member: None.
Vasquez, Rodriguez, Mayor Ashton
Q111,