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HomeMy WebLinkAboutReso 65-2007 RESOLUTION NO. 65-2007 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE JOINT POWERS AGREEMENT ESTABLISHING THE CSAC EXCESS INSURANCE AUTHORITY, APPROVING THE MEMORANDUM OF UNDERSTANDING FOR THE EXCESS WORKERS' COMPENSATION PROGRAM BETWEEN THE CSAC AND THE CITY OF SOUTH SAN FRANCISCO AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENTS WHEREAS, joining the County Supervisors Association of California ("CSAC") Joint Powers Agreement Creating the CSAC Excess Insurance Authority will give the City more insurance markets from which the City can purchase workers' compensation, comprehensive general liability, automobile liability and property damage insurance coverage, and in particular excess workers compensation coverage; and WHEREAS, the CSAC Excess Insurance Authority Joint Powers authority (JP A) provides an opportunity for savings in the cost of insurance; and WHEREAS, these opportunities outweigh the risks of pooled insurance coverage. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of South San Francisco does hereby: 1. Authorize the City to join the CSAC Excess Insurance Authority JP A, as attached hereto as Exhibit A, and incorporated herein by reference; and 2. Approve the Memorandum of Understanding for the CSAC Excess Worker's Compensation Program, as attached hereto Exhibit B, and incorporated herein by reference; 3. Authorize the City Manager to execute the documents necessary to effectuate the agreement on behalf of the City Council, including the attached Memorandum of Understanding for the CSAC Excess Workers' Compensation Program. * * * * * I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 13th day of June, 2007 by the following vote: AYES: Councilmembers Joseph A. Fernekes and Karyl Matsumoto, Vice Mayor Pedro Gonzalez and Mayor Richard A. Garbarino NOES: Councilmember Mark N. Addiego ABSTAIN: None ABSENT: None ATTEST: v?.L& ~. Interim CIty CI rk