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HomeMy WebLinkAbout1996-11-05; City Council; Resolution 96-3591 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 l8 19 20 21 22 23 24 25 26 27 28 e 0 RESOLUTIONNO. 96-359 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE AMENDED JOINT POWERS AGREEMENT OF THE PUBLIC AGENCY RISK SHARING AUTHORITY OF CALIFORMA (PARSAC) WHEREAS, in 1991, the City of Carlsbad became a member of the California Municipal Insurance Authority (CMIA), now known as the Public Agency Risk Sharing Authority of California (PARSAC) for purposes of obtaining pooled liability coverage; and WHEREAS, Article XXIX of the PARSAC Joint Powers Agreement provides that the Agreement may be amended by a two-thirds vote of the Board of Directors of PARSAC; and WHEREAS, on May 3 1, 1996, upon recommendation by the Executive Committee, the Board of Directors amended the Joint Powers Agreement to add a definition of alternate, provide that the PA may be amended by a two-thirds vote of tht Board of Directors present and voting at a meeting, and streamline the references to the Executive Committee and participation programs. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad that the amended Joint Powers Agreement of the Public Agency Risk Sharing Authority of California (PARSAC) dated 1996 is hereby approved and adopted I I I 1 2 3 4 5 6 7 8 9 10 11 I-2 13 e 0 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 5th day of NOV. following vote, to wit: 1996, by the AYES: NOES: None ABSENT: None Council Members Lewis, Nygaard, Kulchin, Finnila, H< ATTEST: