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Resolution No. 5287 - ~ .. (, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 5287 A, RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON TO JOIN WITH CERTAIN OTHER CITIES FOR INSURANCE AND RISK 1.1ANAGEMENT PURPOSES WHEREAS, Sections 990, 990.4, 990.6, 990.8, arid 6500- 6515 of the Government Code of the State of California, and Section 3700 of the Labor Code authorizes municipalities ~o jointly exercise the power to manage their common risks; and tiHEREAS, the City CQuncil of the City of Vernon the purposes of the Independent Cities Risk Manag.ment and , . WHEREAS, the Members of the Governing Board of the Independent Cities Risk IJ'Janagement Authority have studi.ad. and approved the Amendment to Joint Exercise of Powers Agreement For ,Insurance and Risk Management Purposes dated May 21, 1986 and Risk Management Committee By-Laws. NOW, THEREFORE, ,BE IT RESOLVED BY THE CITY COutlCIL OF THE CITY OF VERNON AS P:OLLOWS: SECTION 1: That the city Council of the City of Vernon does hereby approve and agree to abide by all of the terms and conditions of the Independent Cities Risk Management Authority's Amendment To Joint 'Exercise of Powers Agreement for Insurance and Risk Manaqement Purposes dated May 21, 1986, and the BY....Laws of the Property, Workers' Compensation and Liability Risk,M8.nagement " , Committees. SECTION 2: 'l'ha1: the City of Vernon' does bereby join with certainotber municipalities as a member of the 'Ind.ependent Cities Risk Management Authority's Property, Liability and Workers' Compensation Risk Management Committees. 1 SECTION 3: That the City . of . Vern011 cioes ~,bf:. ..... 2 join other cities in accepting the Property, . Work~..:J~... 3 sationand Li.ability insurance quotations of the Inciepenj.m.t 4 Cities Risk Management Authority. 5 SECTION 4: That the Mayor Pro...tem and'CltyClflrk 6 . . are hereby authorized and directed to execute the~tlt..o Joint Exercis e of Powers Agreementf.or ..Insurance a_~~._ Management Purposes dated May 21, 1986 on behalf of the-City of Vernon. i 8 9 10 11 12 13 14 15 16 17 ATTEST: Theei ty Clerk of the City of V'ernoa SECTION'S: shall certify to the passage of, this resolution and. ,'tbneupon. and thereafter the same' shall be in full force an4 effeet",. . .. ~ . APPROVED AND ADOPTED THIS 10th day ofJ1.U.1e,19fi~ ~ ~4 ~~ Ct.'" 'h.. \.,- , DIIIU. itl. Ybar a, ,H-o-tMIlR ~: B:!~.-if{~ 20 21 22 23 24 25 26 27 28 -2- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ,~ ..., , "' '. , STATE OF CALIFORNIA ) ) ss COUNTY OF LOS, ANGELES ) I, BROCE V. MALKENHORST, City Clerk of the City of " ' Vernon, do hereby certify that the fore99ing Resolution No. was duly adopted by the City Council of the City of Vernon, and was approved by the lofayor of said City at an adjourned June 10 AYES, regular meeting of , 19~, by the following vote: Cou11e.ilmen: Oavis, Gonzales, Ybarra, '. McCormick Councilmen: NONE NOES: ABSENT: Councilmen: Malburg '~ (SEAL) .,.;3 - AMENDMENT TO JOINT EXERCISE OF P<YAERS AGFEEMENT FOR INSURM~CE X\N-D RISK >"'ANA(WE~"'T PURPOSES This Agreement is executed by and among Municipal Corporations, hereafter referred to as Member Cities, organized and existing under the laws of the State of California which are signatory to this Agreement and listed in Appendix "A", which is attached hereto and made a part of. This Agreement, dated June 10 , 1986 amends the "Joint Exercise Of Powers Agreement For Insurance And Risk Management Purposes" dated January 1, 1980. RECITALS This Agreement is predicated upon the following facts: A. The Member Ci ties are Municipal Corporations organized and operating under the laws of the State of California; B. The following State laws, among others, authorize the Member Cities to enter into this Agreement: 1. Labor Code Section 3700, allowing a city to fund its own Workers' Compensation claims; 2. Government Code Section 990, permitting a city to insure itself against tort or inverse condemnation liability; '3. Government Code Section 990.4, permitting a city to provide insurance and self-insurance in any desired combination; 4. Government Code Section 990.6, permitting the proper costs for ,self-insurance to be charged against each city and authorizing the Governing Board to make premium payments for such coverage in an amount such Governing Board determines to be necessary to provide such coverage. 5. Government Code Section 990.8,1 permi tting two or more ci ties 'to enter into an agreement to jointly fund such expendi tures unc!er the authority of Government Code Sections 6500-6515; 6. Government Code Sections 6500-6515, permi tting two or more -cities to jointly exercise under an agreement any power which 1~ common 'to each of them. ~w, THEREFORE, for and convenants, and agreements agree as follows: in consideration of the mutual benefits, set forth in this Agreement, the parties -1- ICRMA052l86 CREATION OF THE INDEPENDENT CITIES RISK MANAGEMENT AUTHORITY. ARTICLE I. Pursuant to Article I (commencing with Section 6500) of Chapter 5 of Division 7 of Title 1 of the Government Code of the State of California, the parties hereto hereby create a public entity separate and apart from the parties to this Agreement, to be known as the Independent Cities Risk Management Authority, hereinafter referred to as the "Authority." Pursuant to Government Code Section 6508.1, the debts, liabilities, and obligations of the Authority shall not consti tute debts, liabili ties, or obligations of any party to this Agreement. A Member City may separately contract for or assume responsibility for specific debts, liabilities, or obligations of the Authority. Pursuant to and to the extent required by Government Code Section'6509, the Authority shall be restricted in the exercise of its powers in the same manner as the City of Manhattan Beach is restricted in its exercise of similar powers provided that, if the City of Manhattan Beach shall cease to be a Member Ci ty, then the Author i ty shall be restricted in the exercise of its power in the same manner as the City of San Fernando. ARTICLE II. PURPOSE. The purpose of creating th is Au thor i ty is to exerc ise the power s of the Member Citi~s to jointly accomplish the following: A. Develop effective Risk Management Programs to reduce the amount and frequency of their losses. B. Develop Risk Management Programs of insurance to protect Member Ci ties from the effects of catastrophic or unexpected losses. Such programs shall include, but not be limited to, coverages for losses arising out of Tort Liability, Workers' Compensation, Heal th Benef i ts, and the owner sh ip or use of real or per sonal property. C. Design Risk Management Programs of the Author ity on a pooled or self-funded basis whereby the ci ties share some portion, or all, of the cost of the program losses. D. Jointly purchase insurance, excess insurance, or reinsurance for the purpose of transferring risk of loss to commercial insurers., E~ Assist Member Cities to secure a long-term financial base from the issuance of Certificates of Participation. The revenues generated from the Certificates of Participation will be used for the purpose of establishing a'nd maintaining suff icient unencumbered financial reserves ~ thereby enabling the Author i ty to prov ide adequate protection to Member Cities against catastrophic, or greater than expected, claims, and to attract major reinsurers for the purpose of transferring risk. -2- F. Jointly secure administrative and other services including, but not limited to, underwriting, risk management, loss prevention, claims adjusting, data processing, brokerage, accounting, and legal services when related to any of the other purposes. ARTICLE III. DEFINITIONS. The following definitions shall apply to the provlslons of this Agreement and the By-Laws of the Risk Management Committee: A. "Agreement" shall mean this Agreement creating the Independent Cities Risk Management Authority. B. "Board" Or "Governing Board" shall mean the governing body of the Authority. C. "By-Laws" shall mean the rules governing the management of each risk by the individual Risk Management Committee. D. "Claim(s)" shall mean demand(s) made against the Member Cities ar ising out of occurrences which are covered qr alleged to be covered by the Authority's Memorandums of Coverage, or policies of insurance. E. "Fiscal Year" shall mean the neriod of time from the date of this Agreement to June 30, 1986, a~d thereafter ending on June 30 each following year. F. "ICRMA" shall mean the Independent Cities Risk Management Authority created by this Agreement. G. "Insurance" shall mean insur ance purchased by the Author! ty to cover losses for its Member Cities. H. "Member Ci ty" shall mean any Municipal Corporation which is a party to this Agreement and is participating in one or more Risk Management Committees. I. "Memorandum of Coverage" shall mean the document or documents issued by the Authori ty specifying the types of coverages and limits provided to the Member Cities. J. "Program Year" shall mean a per iod of time determined, usually twelve mon'::hs, in which each program shall be segregated for ease in determining coverage premiums. K. "Participation" or I'Participating" shall mean a Member City has elected to jointly participate in the management of a specific risk and is a member of that Risk Management Committee. -3- L. "Risk Management" shall mean the process of identifying, evaluating, reducing, transferr ing, and eliminating risks. Risk management includes var ious methods of funding claims payments, purchasing insurance, legal defense of claims, controlling losses, and determining self-insured retention levels and the amount of reserves for potential claims. M. "Risk Management Committee" shall mean those Committees, created by the Authority to manage specific Risk Management Programs, i.e. "Liability Risk Management Committee." N. "Risk Management Program" shall mean the programs of risk sharing, insurance, and risk management services established by the Authority and managed by the Risk Management Committee. ARTICLE IV. PARTIES TO AGREEMENT. Each Member City represents and warrants that it intends to, and does hereby, contract with all other Member Cities listed in Appendix "A", and any new members admi tted to the Authori ty pursuant to Article XVII. Each Member City also represents and warrants that the withdrawal or expulsion of any Member City, pursuant to Article XIV or XV, shall not relieve any Member City of its rights, obligations, or duties under this Agreement. ARTICLE V. GOVERNING BOARD. The Authority shall be governed by a Governing Board comprised of one Representative from each Member City. The City Council of each Member City shall appoint a member of the City Council as the Member City's Representative to the Governing Board. Each Member Ci ty shall also designate an alternate Representative. The alternate Representative may be a staff officer of the Member City. Each Representative of the Governing Board has one vote. The alternate Representative may vote at meetings of the Governing Board in the absence of the Member City's Representative. Immediately upon admission of a new Member City pursuant to Article XVII, the Member City shall be entitled to appoint a Representative and alternate Representative to the Governing Board. A Representative and/or alternate Representative shall be removed from the Governing Board upon the occurrence of anyone of the following events: (1) the Authority receives written notice from the appointing Member City of the removal of the Representative or alternate Representative; (2) the expulsion or withdrawal of the Member City from this Agreement; (3) the death or resignation of the Representative; (4) the Authority receives the written notice from the Member Gity that the Representative is no longer a member of the City Council of the Member City. Representatives and their alternates are not entitled to compensation. The Governing Board may authorize reimbursement of expenses incurred by Representatives, or their alternates. -4- Pursuant to Government Code Section 6505.6, the Authority shall designate an officer or employee, or officers and employees, to receive, deposit, invest, and disburse the property of the Authority pursuant to Government Code Sections 6505 and 6505.5. The Author i ty shall fix the amount of the fidelity bond to be filed by such public officer(s) and/or employee(s). ARTICLE VI. BOARD MEETINGS AND RECORDS. A. Regular Meetings. The Governing Board shall hold at least one regular meeting each quarter of each year. The Governing Board shall fix by resolution the date upon which, and the hour and place at which, each regular meeting is to be held. B. Ralph M. Brown Act. Each meeting of the Governing Board, including without limitation regular, adjourned regular, and special meetings shall be called, noticed, held, and conducted in accordance with the Ralph M. Brown Act (Section 54050 et seq. of the Government Code). C. Minutes. The Authority shall have minutes of regular, adjourned regular, and special meetings kept by the Secretary. As soon as possible after each meeting, the Secretary shall forward to each Governing Board member and each City Clerk copies of the minutes. D. Quorum. quorum quorum quorum A major i ty of the members of the Governing Board is a for the transaction of business. However, less than a may adjourn from time to time. A vote of the majority of a at a meeting is sufficient to take action. ARTICLE VII. OFFICERS. The Governing Board shall elect a president and vice-president from among its members at its first meeting. Thereafter, in the last meeting in each succeeding fiscal year, the Governing Board shall elect a president and a vice-president. Each officer shall assume the duties of his office upon election. If either the president or vice- president cease to be a member the resulting vacancy shall be filled at the next regular meeting of the Governing Board held after the vacancy occurs. In the absence or inability of the president to act, the vice-president acts as president. The president shall preside at and conduct all meetings of the Governing Board. The Governing Board shall appoint a secretary and a treasurer of the Author i ty who may, but need not be, a member of the Governing Board. The Governing Board may appoint such other officers as it considers necessary. -5- ARTICLE VIII. POWERS The Authority shall have the powers common to its Member Cities and is authorized, in its own name, to do all acts necessary to exercise such common powers to fulfill the purposes of this Agreement referred to in Article II including, but not limited to, each of the following: A. Finance through the issuance of Certificates of Participation, or other instruments of indebtedness, self-insurance reserve funds necessary or convenient for the implementation of this Agreement. B. Incur debts, liabilities, and obligations. C. Acquire, hold, or dispose of real and personal property. D. Receive contributions and donations of property, funds, services, and other forms of assistance from any source. E. Sue and be sued in its own name. F. Employ agents and employees. G. Acquire, construct, manage, maintain, or operate buildings, works, or improvements. H. Lease real nr personal property, including that of a Member City. I. Receive, collect, and disburse monies. J. Invest money in the treasury of the Author i ty in the same manner and on the same conditions as local agencies pursuant to Government Code Section 53601. K. Exercise all other powers necessary and proper to carry out the provisions of this Agreement. L. Develop and implement Risk Management Programs. ARTICLE IX. RISK MANAGEMENT COMMITTEES. The Governing Board shall by resolution establish a Risk Management Committee for each Risk Management Program implemented by the Authority. Each Member City which elects to participate in a Risk Management Program will automatically become a member of that Risk Management Committe. Each created commi ttee shall not become operational, or possess any author i ty, until their proposed By-Laws have been approved by the Governing Board. The voting on the approval of By-Laws shall be %estr icted to members of the Governing Board representing cities who are members of the particular Risk Management Committee. A two-thirds -6- vote of these member s is requi red for approval of the By-Laws. On approval of the By-Laws, the various Risk Management Committees shall become operational and will have all of the powers specifically delegated to it by the Governing Board. When enter ing into any transactions author ized by the Governing Board, the commi ttee shall use the committee title and refer to the Authority, I.e. a contract entered into by the Workers' Compensation Risk Management Committee of the Independent Cities Risk Management Authority. ARTICLE X. MEMBER CITY RESPONSIBILITIES. Each Member City participating in a Risk Management Program shall have the following responsibilities: A. To appoint or remove its member of the Governing Board as set forth in Article V. B. To appoint or remove its member to the Risk Management Committee. C. To approve amendments to this Agreement as set forth in Article xx. ARTICLE XI. BUDGET. The Board shall adopt an annual budget as soon as possible for the first .Fiscal Year and not later than thirty days prior to the beginning of each Fiscal Year thereafter. ARTICLE XII. ANNUAL AUDIT AND REVIEW. The Governing Board shall cause an annual financial audi t of the accounts and records to be made by a Certified Public Accountant in compliance with California Government Code Sections 6505 and 6505.5 or 6505.6 with respect to all receipts, disbursements, other transactions, and entries into the books of the Authority. The minimum requirements of the audi t shall be those prescr ibed by the State Controller for special districts under Government Code Section 26909 and shall conform to generally accepted audi ting standards. A report of each audit shall be filed as a public record with each of the Member Ci ties and also with the county aud i tor of the county in which each of the contracting parties is located. The report shall be filed within twelve months of the fiscal year under examination. The Authority shall pay all costs of such financial audits. ARTICLE XIII. ESTABLISHMENT AND ADMINISTRATION OF FUNDS. Funds of the Author i ty may be comingled for investment and administration purposes. However, each RiSk Management Program shall be accounted for separately on a full accrual basis. -7- The Treasurer shall draw warrants to pay demands against the Authority when the demands have been approved in writing by both the president or the vice-president and an agent, employee, or general manager of the Authority. The coverage for each Program Year of each Risk Management Program shall .be as specified in the Memorandum of Coverage or policies of insurance for that Program Year of the Risk Management Program. Subject to approval by the Governing Board, which approval shall not be unreasonably withheld, each Member City shall have the ability to determine in which Risk Management Program it wishes to participate. ARTICLE XIV. WITHDRAWAL. A. Any Member City which enters a Risk Management Program may wi thdraw from that Risk Management Program subject to the terms and conditions as set forth in the By-Laws of that particular Risk Management Committee. B. A Member Ci ty is no longer a party to this Agreement upon its withdrawal from all of the Authority's programs. C. Any Member City which withdraws as a participant of any Risk Management Program pursuant to Section B of this Article shall not be permitted to renew participation in that Risk Management Program until the expiration of three years from the date of the Member City's withdrawal. ARTICLE XV. EXPULSION. ~he Governing Board may expel any Member City from a Risk Management Program at any time for material breaches of this Agreement or the By- Laws. Such expulsion must be approved by the Governing Board members representing Member Cities in that Risk Management Program or by the vote requirements for expulsion specified in the By-Laws. The withdrawal or expulsion of any Member City after the inception of its participation in the Risk Management Program shall not terminate its responsibility for the years that the Member City participated in any Risk Management Program. ARTICLE XVI. TERMINATION. ~his Agreement shall continue until terminated. However, it cannot be terminated until such time all principal for the Certificates of Participation shall have been retired. Thereafter, this Agreement may be terminated by vote or written consent of two-thirds of the Member Cities provided, however, that this Agreement and the Authority shall continue to exist for the purposes of disposing all claims, the distribution of assets, and any other functions necessary to conclude the affairs of the Authority~ -s- Upon termination of this Agreement, all assets of the Authority shall be distributed only among the parties that have been participants in its Risk Management Programs, includ ing any of those parties which previously wi thdrew or were expelled pursuant to Articles of this Agreement, in accordance with and proportionate to their net premium payments made during the term of this Agreement. The Governing Board shall determine such distr ibution wi thin six months after the last claim covered by this Agreement has been finalized. The Governing Board is vested with all powers of the Authority for the purpose of concluding and dissolving the business affairs of the Author i ty. These powers shall include the power to require those Member Cities which were Risk Management Program participants at the -time of any particular occurrence which was covered or alleged to be covered under the Memorandum(s) of Coverage or policies of insurance to pay their share of any additional amount of premium deemed necessary by the Governing Board for the final disposi tion of all claims and expenses associated with such loss. ARTICLE XVII. NEW MEMBERS. With the approval of two-thirds of the Governing Board, any qualified city may become a party to this Agreement. Continuing or new membership is restricted to cities who are members of the Independent Cities Association and are located in Los Angeles County, Riverside County, or counties contiguous to Los Angeles County. A city requesting membership shall apply by presenting to the Authori ty a resolution of the Ci ty Council's approval of the Joint Exercise Of Powers Agreement and the individual Risk Management Committee By-Laws that the ci ty intends to join. The date that the applying ci ty will become a Member City will be determined by the Governing Board. ARTICLE XVIII. LIABILITY OF THE AUTHORITY. Each Member Ci ty agrees to indemnify and save the Author i ty and all other Member Cities harmless from and against all claims, losses, and damages, including legal fees and expenses, arising out of any breach or default on the part of such Member City in performance of any of its obligations under this Agreement, or any act or negligence of such Member City or of any of its agents, contractors, servants, employees, or licensees wi th respect to this Agreement. No indemnification is made under this Section for claims, losses or damages, including legal fees and expenses, arising out of the willful misconduct, negligence or breach of duty under this Agreement by the Author i ty or a Member City or their officers, employees, agents, or contractors. The Representatives to the Governing Board and to each of the Risk Management Committees and any officer, employee, contractor, or agent of the Authority shall use ordinary care and reasonable diligence in the exercise of their power and in the performance of their duties under this Agreement. -9- Funds of the Author i ty may be used to defend, indemnify, and hold harmless the Author i ty and any member of the Governing Board, any member of the Risk Management Commi ttee, and any employee of the Authority for their actions taken within the scope of their duties while acting on behalf of the Authority. Nothing herein shall limit the right of the Authority to purchase insurance to provide such coverage as is hereinabove set forth. ARTICLE XIX. NOTICES. Notices under this Agreement shall be sufficient if delivered to the office of the City Clerk of the Member Cities. ARTICLE XX. AMENDMENTS TO THIS AGREEMENT AND COMMITTEE BY-LAWS. This Agreement may be amended at any time by vote of two-thirds of the Member Ci ties acting through their Ci ty Council. Amendments to the individual Risk Management Committee By-Laws require a two-thirds vote of the Governing Board members representing cities who are members of that Risk Management Committee. ARTICLE XXI. SEVERABILITY. Should any portion, term, condition, or provlslon of this Agreement be decided by a court of competent jurisdiction to be illegal or in conflict with any law of the State of California, or be otherwise rendered unenforceable or ineffectual, the validi ty of the remaining portions, terms, conditions, and provisions shall not be affected thereby. ARTICLE XXII. AGREEMENT COMPLETE. The foregoing constitutes the full and complete Agreement of the parties. There are no oral understandings or agreements not set forth in writing herein. ARTICLE XXIII. TERM OF AGREEMENT. This amended Agreement shall become effective upon the Authority receiving notice of the approval by the City Council of two-thirds of the Member Cities. -10- , , IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above. City of /! /..- By --;:)(nt.,-/,,-<--t , Title Vernon Mayor :i::~rcc~ Executed before me this 29th day of July , 198 6 " ,,// /'~:2-. / // -",- '~/'I // .1. r (City Seal) City Clerk City of Vernon -11-