HomeMy WebLinkAbout1997-04-22; City Council; Resolution 97-453e L 0 e Exhibit 1
I ll RESOLUTIONNO. 97-453
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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, AUTHORIZING STAFF TO
SUBMIT A NOTICE OF INTENT TO WITHDRAW FROM
THE PUBLIC AGENCY RISK SHARING AUTHORITY OF
CALIFORNIA (PARSAC)
WHEREAS, in 1991 the City became a member of the California Municipal
7 /I Insurance Authority (CMIA) , now known as the Public Agency Risk Sharing Authority of
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California (PARSAC) for purposes of obtaining pooled liability coverage; and
10 II WHEREAS, since joining the pool, staff has identified several issues that make
11 it prudent to re-evaluate the City’s membership in the organization; and
12 WHEREAS, there is a need to periodically consider liability coverage options
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to ensure that the City maintains coverage that is both of high quality and cost effective.
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Carlsbad, CA, as follows:
1. That the above recitations are true and correct.
18 I/ 2. That staff is authorized to submit a notice of intent to withdraw from the Public
l9 Ij Agency Risk Sharing Authority of California (PARSAC) and conduct an analysis of
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coverage options.
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1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City
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Council of the City of Carlsbad on the 2% day of April 1997, by the following vote,
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to wit:
AYES: Council Members Lewis, Finnila, Nygaard, Kulchin, and
NOES: None
7 11 ABSENT: None
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12 ATTEST: ll
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. ,$?-A- ALETHA L. RAUTENKRANZ, City Clerk]
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