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CC RESOLUTION 5535RESOLUTION NO. 5535 A RESOLUTION AUTHORIZING THE CITY MANAGER TO PROVIDE WRITTEN NOTICE TO WITHDRAW FROM THE INDEPENDENT CITIES RISK MANAGEMENT AUTHORITY The City Council of the City of El Segundo does resolve as follows: SECTION 1: Findings: The City Council finds as follows: A. The City of El Segundo is a member of the Independent Cities Risk Management Authority ("ICRMA"), a joint powers authority which allows member cities to pool resources to support General Liability and Workers' Compensation self -insured programs. B. ICRMA allows member cities to group purchase other lines of insurance coverage such as Property, Auto Physical Damage, Flood, Crime, Cyber, and Terrorism coverage. C. The City has been a member of ICRMA since 1985 and participates in General Liability, Workers' Compensation, Property, Auto Physical Damage, Flood, Crime, Cyber and Terrorism programs. D. The City wishes to perform an feasibility analysis on continued participation in in ICRMA which may include exploring various options of insurance coverage including other risk -sharing pools and/or purchasing commercial insurance directly. E. Should the City decide to transition to another insurance pool, the ICRMA bylaws require a written notice of intent to withdraw be received no later than July 1 of the preceding program year. To withdraw membership for program year beginning July 1, 2026, notice is required by July 1, 2025. F. The provision of written notice to withdraw prior to July 1, 2025 does not preclude the City from rescinding such notice should the City wish to remain with ICRMA for the July 1, 2026 program year after a feasibility analysis is completed, provided that the recission is provided no later than December 1, 2025. SECTION 2: Actions. The City Council: A. Approves the timely notice of intent to withdraw the City's membership in ICRMA for the program year beginning July 1, 2026 while staff conducts a feasibility analysis of continued membership. RESOLUTION NO. 5535 PAGE 1 of 3 B. Authorizes the City Manager to provide written notice to the ICRMA of the City's intent to withdraw. SECTION 3: Severability. If any part of this Resolution or its application is deemed invalid by a court of competent jurisdiction, the City Council intends that such invalidity will not affect the effectiveness of the remaining provisions or applications and, to this end, the provisions of this Resolution are severable. SECTION 4: Signature Authority. The Mayor, or presiding officer, is hereby authorized to affix his signature to this Resolution signifying its adoption by the City Council of the City of El Segundo, and the City Clerk, or her duly appointed deputy, is directed to attest thereto. SECTION 5: Effective Date. This Resolution will take effect immediately upon adoption and will remain effective unless repealed or superseded. SECTION 6: City Clerk Direction. The City Clerk will certify to the passage and adoption of this Resolution, enter it into the City's book of original Resolutions, and make a record of this action in the meeting's minutes. PASSED, APPROVED AND ADOPTED RESOLUTION NO. 5535 this 18t" day of March 2025 Chris Pimentel, Mayor ATTEST:. n Tru x, Citv/Clerk APPROVED AS TO FORM: Mark D. Riensley, City Attu near RESOLUTION NO. 5535 PAGE 2 of 3 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO I, Susan Truax, City Clerk of the City of El Segundo, California, do hereby certify that the whole number of members of the City Council of said City is five; that the foregoing Resolution No. 5535 was duly passed and adopted by said City Council, approved and signed by the Mayor, and attested to by the City Clerk, all at a regular meeting of said Council held on the 18th day of March, 2025, and the same was so passed and adopted by the following vote: AYES: Mayor Pimentel, Mayor Pro Tern Baldino, Council Member Giroux and Council Member Keldorf NOES: None ABSENT: Council Member Boyles ABSTAIN: None WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 1 h day of March, 2025 Susan ruax, City Clerk Of the City of El Segundo, California RESOLUTION NO. 5535 PAGE 3 of 3