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HomeMy WebLinkAboutCC RES 86-024RESOLUTION N0. 86-24 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERY AUTHORIZING PARTICIPATION IN THE LIABILITY PROGRAM OF THE COACHELLA VALLEY JOINT POWERS INSURANCE AUTHORITY WHEREAS� The City of Palm Desert has been unable to secure liability insurance coverage, and/or WHEREAS, The City of Palm Oesert has experienced continued increased costs of liability insurance coverage, and WHEREAS, The City of Palm Desert is a member of the Coachella Valley Joint Powers Insurance Authority (CVJPIA) WHEREAS, based upon the estimated initial premiums and the long-range stability of the program, it appears that cost savings can be realized by the City of Palm Desert by participation in the CVJPIA Liability insurance Program. NOW, THEREFORE, the City Council hereby resolves: 1. To authorize participation in the CVAG-JPIA Liability Insurance Program effective March 1, 1986; 2. To cancel the City's coverage with the N/A as of 3. To authorize the City Manager to execute the Agreement creating the CVAG Joint Powers Insurance Authority, if said Agreement has not yet been executed, and the Notice of Intent Form. ADOPTED th i s 2�th day of Febn�ary , 1 986 . AYES: BENSON� SNYDER, WILSON AND KELLY NOES: ABSENT: ABSTAIN: NONE JACKSON NQNE TESF�: ��: � (�^�, ! �, /�/�� /�Y" � ��� / . �� SHEILA R. GILLiGAN CITY CLERK a y� � � � � RIC D S. KE LY, MAYO