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Resolution Number 87-6-16-5RESOLUTION NO. 87-6-16-5 23 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, APPROVING EXECUTION OF THE JOINT POWERS AGREEMENT CREATING SOUTHERN CALIFORNIA JOINT POWERS INSURANCE AUTHORITY, AND FURTHER APPROVING PARTICIPATION IN ITS JOINT PROTECTION PROGRAM PROVIDING LIABILITY COVERAGE THROUGH SELF-INSURANCE, LOSS POOLING AND EXCESS INSURANCE WHEREAS, pursuant to the provisions of Sections 990, 990.49 990.8 and 6500 of the Government Code, Southern California Joint Powers Insurance Authority ("Authority") has been created by a Joint Powers Agreement; and, WHEREAS, a Joint Protection Program has been developed by said Authority pursuant to the provisions of said Agreement, which Program became effective April 1, 1978, pursuant to the terms of Article 21(b) of said Agreement; and, WHEREAS, Article 22 of said Agreement provides for additional cities to become parties to the Joint Powers Agreement creating the Authority, after the first year of its operation, and thereupon enter the Joint Protection Program providing General and Automobile Liability Coverage through self-insurance, loss pooling and the purchase of Excess Insurance; and, WHEREAS, the City of San Juan Capistrano has paid an Application Fee to cover its share of organizational expenses and the expense of conducting a Physical Survey, including analysis of its loss experience and determination of its Initial Annual Deposits for the General Liability and Workers' Compensation Coverage Programs, as required by Article 11; and, WHEREAS, the self-insurance and loss pooling programs of the Authority, as well as its group insurance coverage programs, offer significant advantages to the City in terms of cost, protection, risk, management and loss control advice and assistance, and entering such programs would be and is in the best interest of this City. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO DOES HEREBY RESOLVE, ORDER AND DETERMINE THE FOLLOWING: SECTION 1. That the Mayor of this City is hereby authorized and directed to execute that certain agreement entitled "Joint Powers Agreement: Creating the Southern California Joint Powers Insurance Authority" on behalf of the City of San Juan Capistrano binding the City to the terms and conditions of said Agreement. SECTION 2. That the City of San Juan Capistrano hereby joins the Joint Protection Program of Southern California Joint Powers Insurance Authority, providing self- insurance and loss pooling for General and Automobile liability, for a period of not less than three (3) years. -1- 24 SECTION 3. That the Initial Annual Primary General and Automobile Liability Coverage Deposit of $69,450, and the Excess Liability Deposit of $31,250, as determined by the Authority, is approved and the appropriate officers of the City are authorized to pay the same to the Authority, or such pro -rata part thereof as the Authority might determine for coverage of less than a fiscal period. SECTION 4. That the Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Resolution, and thereupon the same shall take effect and be in force. SECTION 5. That the City Clerk is directed to forward a certified copy of this Resolution to Southern California Joint Power Insurance Authority, 4952 La Palma Avenue, La Palma, California 90623. PASSED, APPROVED, AND ADOPTED this 15th day of June ,1987. ANTHONYFELAND,MAYOR ATTEST: CITY CLE -2- 25. STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 87-6-16-5 adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 16th day Of June , 1987, by the following vote: AYES: Councilmen Schwartze, Friess, Buchheim, Hausdorfer and Mayor Bland NOES: None ABSENT: None (SEAL)_, MARY AN ANOVE , CrrY CLERK -3-