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HomeMy WebLinkAboutReso 064-92 ABAG LiabilityInsurRESOLUTION NO. 64 - 92 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING A REVISED RISK COVERAGE AGREEMENT FOR LIABILITY INSURANCE COVERAGE PROVIDED BY ABAG PLAN WHEREAS, The City of Dublin is empowered under Government Code Sections 989 et seq., 6500 et seq. and Labor Code Section 3700 to insure itself against liability and other losses, workers' compensation claims and to provide insurance and self-insurance in any desired combination; and WHEREAS, the City of Dublin is a member of the Association of Bay Area Governments (ABAG); and WHEREAS, the City of Dublin desires to contract with ABAG and other members of ABAG to pool their self-insured losses; jointly purchase excess insurance; and to develop effective risk management and loss control programs to reduce the amount and frequency of its losses (hereafter referred to as the "PLAN Program"); and WHEREAS, the Dublin City Council previously adopted Resolution No. 59-86 which authorized the execution and delivery of the Risk Coverage Agreement dated as of June 2, 1986, by and among ABAG and other cities participating in the PLAN Program including the City of Dublin; and WHEREAS, the Revised Risk Coverage Agreement dated as of July 1, 1992, is on file with the City Clerk and was presented for review by members of the City Council and members of the general public as part of the agenda for the City Council meeting of June 8, 1992; and WHEREAS, the Revised Risk Coverage Agreement provides for the continuation of the PLAN Program in a more flexible form with potential for a wider range of insurance coverages; and WHEREAS, the changes will allow the Board of Directors with a 2/3 vote to change the coverage or determine new programs without individual approval by the member City Councils; and WHEREAS, the Board of Directors of the ABAG PLAN Corporation representing participating cities/towns in the PLAN Program have recommended approval of the Revised Risk Coverage Agreement. NOW, THEREFORE, BE IT RESOLVED that the City Manager or his designee is hereby authorized and directed to execute and deliver the Revised Risk Coverage Agreement in substantially the form on file with the City Clerk to the Association of Bay Area Governments and to execute and deliver such other documents as may be reasonably necessary to effectuate the Revised Risk Coverage Agreement. PASSED, APPROVED AND ADOPTED this 8th day of June, 1992. AYES: NOES: ABSENT: Councilmembers Burton, Howard, Jeffery, Moffatt, and Mayor Snyder None None ATTEST: a:resoabag.agenda#9