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CC RESOLUTION 5266RESOLUTION NO. 5266 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 El 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, 2022 must be provided no later than June 30, 2021; and WHEREAS, the provision of written notice to withdraw prior to June 30, 2021 does not preclude the City from rescinding such notice should the City wish to remain with ICRMA during the 2022/2023 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, 2021. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of El Segundo does hereby find, determine and declare as follows: SECTION 1. The El Segundo City Council adopt the Resolution authorizing the City Manager to provide written notice of intent to withdraw membership from ICRMA; and RESOLUTION No. 5266 Page 1 of 3 SECTION 2. That a copy of the Resolution shall be provided to ICRMA. PASSED, APPROVED, AND ADOPTED this 15th day of June, 2021 ATTEST: egundo APPROVED AS TO FORM: W __.....�. Mayor Drew Eoyc City of ElSegundo CI,� s /�/. P.. 7- APOP- City Attorney, M rl Hensley, City of El Segundo RESOLUTION No. 5266 Page 2 of 3 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) I, 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. 5266 was duly passed and adopted by said City Council, approved and signed by the Mayor Pro Tern of said City, and attested to by the City Clerk of said City, all at a regular meeting of said Council held on the 15th day of June 2021, and the same was so passed and adopted by the following roll call vote: AYES: Mayor Boyles, Mayor Pro Tem Pimentel, Council Member Pirsztuk, Council Member Nicol, and Council Member Giroux NOES: None ABSENT: None ABSTAIN: None WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this m9l-° day of June, 2021. gundo RESOLUTION No. 5266 Page 3 of 3