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HomeMy WebLinkAboutResolutions 86-007 N.C.S. 01/06/1986~~S®IUtlOrl N~. 86_7 ~N: C. ~. MJA: cw 1-6-86 of the City of Petaluma, .California APPROVING EXECUTION BY TH& 9GEN.CY. OF THE•-AGREEMENT WHICH CREATES THE CALIFORNIA ASSOCIATION OF JOINT POWERS INSURANCE AUTHORITY WHEREAS, this Agency has considered the contract document entitled "Joint Powers Agreement Creating the California Joint Powers. Insurance Author,i y" and finds it in the best inter;es,t of this Agency to li'ecome a party to the said Agreement and"to procure automobile ;and general liability claims protection in the manner and for the consideration provided for by the Agreement; and WHEREAS, a complete and true copy of the said. Agreement is on file with the clerk of this .governing body; now therefore, BE IT RESOLVED, that the City of Petaluma finds and determines as follows: 1. The Agreement referred to in the recitals above is incorporated in this Resolution by reference. 2, .The Mayor or Gity Manager as .City officials of this governing body shall sign the Agreement in the name of the City of Petaluma to be effective as to this City on the date of this Resolution. 3. The City of Petaluma will accept automobile and general liability coverage effective July. 1; 198b, from the Joint Powers Authority created by the. Agreement, pursuant to the Agreement and.the By-Laws, policies and. agreements and which are subsidiary thereto in the fo;l'lowrig coverage amounts: A. $2'50,000 excess of $250,000 per occurrence; B. $500,000- excess of $500,000 per occurrence; C. $4 mihlon excess of $1 million per occurrence; and if feasible . D. $5 million excess of $5 million per occurrence. This Resolution has been duly adopted the si•xth_day of January, 1986. Under'the power and authority conferred upon. this Council by the Charter of said City. I hereby certify the foregoing-Resolution was introduced" and adopted by the.. p q: d to .Council o£ t~i~hCity of Petaluma ~t a (Regular) ~4~4~@1dll~~~f~~ meeting f r ..... ......... 19.-----.., by the - on the .......................... day of _ anuary........ •following~vote: .: ;_ _.._ _ ._ . ,~- !` - AYES; .Bond, Cavanagh, Davis, Tencer, Vice Mayor, BaLshaw, 11~ayor~ Matter I NOES: None • ABSENT: Woolsey , _ ~--~'`~ " ~ , ~ ATTEST: .. ........ ...... ....... ...... ....... - -- _~.. City Clerk ~ Mayor Council File ..................._..............: Form CA 2 7/81 Res. No.... gs-7NCS . "