HomeMy WebLinkAboutCC RES 86-140lO
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RESOLUTION NO. 86-140
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN
AUTHORIZING PARTICIPATION IN THE ORANGE COUNTY CITIES
RISK MANAGEMENT AUTHORITY LIABI'LI.TY RISK SHARING POOL
WHEREAS, the Orange County Cities Risk Management Authority
(OCCRMA) has provided a liability insurance program since 1978; and
WHEREAS, the member cities now totaling eleven in number have
develop'ed over the years a cooperative working relationship to jointly
solve many of the risk management issues facing California
municipalities) and,
WHEREAS, the current crisis in the municipal liability
industry has left over 150 California cities without
insurance; and,
insurance
1 i abi 1 ity
WHEREAS, the Orange County Cities Risk Management Authority has
developed a Liability Risk Sharing Pool division to replace the
liability insurance program in the eveht the program is not renewed)
and,
WHEREAS, the OCCRMA Board of Directors has determined that the
p. roposed 1986-87 insurance renewal would have such significant
reductions in the policy coverage and inadequate limits that the
liability risk sharing pool should be implemented; and,
WHEREAS, the City Council of the City of Tustin has reviewed the
OCCRMA Liability Risk Sharing Pool concept and has determined that the
pool concept offers the best long range solution to the liability
insurance cri s i s.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of Tustin authorizes the City to participate in the Orange County Cities
Risk Management Authority Liability Risk Sharing Pool for general and
automobile liability subject to the confirmation of the proposed deposit
"premium" and pool membership.
City
1986.
PASSED AND ADOPTED at
of Tustin, California,
a regular meeting of the City Council of the
held on the 15th day of December , 1986
~,...... :~. _..,.~..(.. ~X:. ~..<..,:.. :.... ~_.
'DONALD j?.~ SALTARELLI, 'MA'YOR
ATTEST:
MARY Eo ~YNN,
CIT~ CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF TUSTIN )
MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of
Tustin, California, does hereby certify that' the whole number of the members of
the City Counci.1 of the City of Tustin is five; that the above and foregoing
Resolution No. 86-140 was duly and regularly introduced, passed and adopted at a
regular meeting~e City Council held on the 15t.h ~ay of December, 1986, by the
following vote'
AYES : COUNCILPERSONS: Edgar, Hoesterey, Kennedy
NOES : COUNCILPERSONS: Kelly, Saltarelli
ABSENT: COUNC ILPERSONS: None
MARY E. WYh~ itY C!~c~rk-
City of Tus'~n, CaliPo~nia