CC RESOLUTION 38099
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ] SS
CITY OF EL SEGUNDO
I, Cindy Mortesen, City Clerk of the City of El 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.
3809 was duly passed and adopted by the said City Council, approved and
signed by the Mayor or said City, and attested by the City Clerk of said City,
all at a regular meeting of the said Council held on the 6th day of April,
1993, and the same was so passed and adopted by the following vote:
AYES: Mayor Jacobson and Councilmen
Robbins, Switz, and West.
NOES: None
ABSEN'1: Mayor ProTem Wise
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 7th day
of April, 1993.
(SEAL)
RESOLUTION NO. 3809
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
EL SEGUNDO ESTABLISHING A COMPREHENSIVE POLICY
OF RISK MANAGEMENT AND LOSS CONTROL FOR THE CITY
OF EL SEGUNDO.
WHEREAS, it is the intent of the City of E1 Segundo to
protect itself against accidental loss or losses which would
significantly affect the personal property, the budget, or the
ability of the City of E1 Segundo to continue to fulfill its
responsibilities to the community and its residents,
NOW, THEREFORE, BE IT RESOLVED that the City of E1
Segundo will apply accidental loss and risk management processes
which include a systematic and continuous identification of loss
exposures, the analysis of these exposures, the application of
sound loss control procedures, and the financing of risk
consistent with the City of E1 Segundo's financial resources. In
recognition of this broad objective statement, it is the City's
policy to have in the management of all risks the following
objectives:
1. The protection of the City against the financial
consequences of accidental losses which are catastrophic in
nature.
2. The preservation of City assets and public service
capabilities from loss, destruction or depletion.
3. The minimization of the total long -term costs of our losses
by the City of all activities related to the identification,
prevention and by control of accidental losses and their
consequences.
4. The creation of a system of internal procedures providing a
constant reassessment of fluctuating exposure to loss, loss
bearing capacity, and the available financial resources
including insurance.
5. The establishment to the extent possible of an exposure free
work and service environment whereby city personnel as well
as members of the public can enjoy safety and security in
the course of their daily pursuits.
In the attainment of objectives, the risk management
functions performed by City Administration shall have the
authority and responsibility for:
a. Identification and measurement of all risks of
accidental loss.
b. Selection of appropriate risk management techniques for
resolving exposure problems, 1) risk assumption,
2) risk reduction, 3) risk retention, 4) risk transfer
or other systems as appropriate including the purchase
of insurance.
C. Developing and maintaining an information system and
coordination with existing systems for timely and
accurate recording of losses, claims, insurance
premiums, and other risk related costs and information.
d. Allocation of insurance premiums, uninsured losses, and
other risk costs to the proper budgetary units.
40 The administration of the City of E1 Segundo's Risk Management
and Loss Control Program is assigned to the Director of Human
Resources /Risk Management and the Director of Finance who shall
work in a coordinated and effective manner to achieve the
objectives and perform the functions as herein indicated.
The City Clerk shall certify to the passage and
adoption of this resolution; shall enter the same in the book of
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 6th day of April , 1993.
Car-'1 Jacobson Mdyor of the
City of E1 Segundo, California
ATTEST:
s
C' ;y Clerk
(gAL) �
APPROVED AS TO FORM
City Attorney
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