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CC RESOLUTION 5221RESOLUTION NO. 5221 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO AUTHORIZING THE CITY MANAGER TO PROVIDE WRITTEN NOTICE OF INTENT TO WITHDRAW MEMBERSHIP FROM THE INDEPENDENT CITIES RISK MANAGEMENT AUTHORITY (ICRMA). WHEREAS, the City of EI Segundo ("City") is a member of the Independent Cities Risk Management Authority ("ICRMA"), a joint powers authority which allows member cities to pool resources to support liability and worker's compensation self-insured programs; and WHEREAS, ICRMA allows member cities to group purchase other lines of insurance such as: Property, Auto Physical Damage, Crime, Cyber, and Terrorism coverage; and WHEREAS the City has been a member of ICRMA since 1985 and participates in the Liability, Worker's Compensation, Property, Auto Physical Damage, Crime, Cyber, ands Terrorism Programs; and WHEREAS, the City wishes to explore various options of insurance coverage including other risk -sharing pools or purchasing commercial insurance directly; and WHEREAS, the City is interested in performing an analysis on the feasibility of continuing its participation in ICRMA; and WHEREAS, should the City wish to transition to another insurance pool in the upcoming fiscal year, the bylaws of the liability and Workers' Compensation programs for ICRMA require that notice of intent to withdraw membership as of July 1, 2021 must be provided no later than June 30 , 2020; and WHEREAS, the provision of written notice to withdraw prior to June 30, 2020 does not preclude the City from rescinding such notice should the City wish to remain with ICRMA during the 2021/2022 fiscal year based upon analysis completed by the City or based upon any need for additional time to conduct such analysis, provided that rescission is provided no later than December 1, 2020. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of EI Segundo does hereby find, determine and declare as follows: SECTION 1. The EI Segundo City Council adopt the Resolution authorizing the City Manager to provide written notice of intent to withdraw membership from ICRMA; and SECTION 2. That a copy of the Resolution shall be provided to ICRMA. PASSED, APPROVED, AND ADOPTED this 16th day of June, 2020. Mayor Drew Boyles, City of EI Segundo ATTEST; y City tle.rk,,.Tacy eaver, City Ciof EI.S gU.q o APPROVED AS TO FORM: City At rney, Mark D. nsley, City of EI Segundo STATE OF CALIFORNIA COUNTY OF LOS ANGELES Ss CITY OF EL SEGUNDO 1, Tracy Weaver, City Clerk of the City of El Segundo, California, hereby certify that the whole number of members of the City Council of the City is five; that the foregoing Resolution No. 5221 was duly passed and adopted by said City Council, approved and signed by the Mayor of said City, and attested to by the City Clerk of said City, all at a regular meeting of said Council held on the 16th day of Julne 2020, and the same was so passed and adopted by the following roll call vote: AYES: Mayor Boyles, Mayor Pro Tern Pimentel, Council Member Pirsztuk, Council Member Nicol and Council Member Giroux NOES: ABSENT: ABSTAIN: ATTEST: _77 City'C*k­i0'Fracy/VVeaver Segyndo C y�' of E