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CC RESOLUTION 338014`73 6 1 RESOLUTION NO. 3380 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, EXPRESSING ITS INTENTION TO JOIN THE INDEPENDENT CITIES RISK MANAGEMENT AUTHORITY LIABILITY POOLING PROGRAM. WHEREAS, the City of E1 Segundo has been uninsured for liability coverage since November 30, 1985; and, WHEREAS, the City of El Segundo is very interested in the Independent Cities Risk Management Authority's proposed liability Pooling Program as a potentially sound alternative to liability insurance; and, WHEREAS, the City of E1 Segundo is concerned about some of the legal and business issues raised regarding the program but anticipates that such problems will be resolved in the near future by the joint efforts of the participants in the Joint Powers Authority; and, • WHEREAS, the Independent Cities Risk Management Authority has requested an expression of intent from the City of El Segundo and other participant cities to join the Authority's program prior to April 25, 1986, but a formal legal commitment to the program will not be required until May, 1986; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, DOES RESOLVE AS FOLLOWS: SECTION 1. The City Council of the City of El Segundo hereby expresses its intent to join the Independent Cities Risk Management Authority's Liability Pooling Program, provided that the legal and business concerns raised about the Program are • resolved to the satisfaction of the Council prior to its formal contractual commitment to the Program. SECTION 2. The City Clerk shall certify to the passage and adoption of this resolution; shall enter the same in the book of A:042386 -1.INS (ICRMA) 1 RESO. #3380 14 3 original resolutions of said city; and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Council of said city, in the minutes of the meeting at which the same is passed and adopted. PASSED, APPROVED and ADOPTED this 23d day of April, 1986. yor of the City El Segundo, California 10 0 0 • i (SEAL) A:042386 -1.INS (ICRMA) E RESO. #3380 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) CITY OF EL SEGUNDO ) 6V 14738 1 I, Ronald L. Hart , City Clerk of the City of E1 Segundo, California, DO HEREBY CERTIFY that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being Resolution No. 3380 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 23rd day of April , 19 86 and that the same was so passed and adopted by the following vote: AYES: Councilmembers Anderson, Jacobson, Schuldt, West, & Mayor Siadek NOES: Councilmembers None ABSENT: Councilmembers None WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this 16th day of May 19 86 . K] (SEAL) 0 i 6-lty Clerk of the City of E1 Segundo, California