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• • RESOLUTION NO. 1053 A RESOLUTION RELATING TO PARTICIPATION IN JOINT LIABILITY INSURANCE STUDY BY THE TOWN OF LOS ALTOS HILLS. WHEREAS, the Santa Clara County Inter-City Council referred to the City Managers' Association the examination of the various aspects of the liability insurance problem, and WHEREAS, the City Managers' Association appointed a committee of city and county staff representatives to develop such a report which subsequently was approved by the City. Managers' Association, and WHEREAS, this report recommends that Santa Clara County Cities and the County jointly fund a study regarding the establishment of a self-insurance program, and WHEREAS, the Santa Clara County Inter-City Council has authorized staff to prepare a mutual contract and circulate it amongst the cities and the County for their approval of the study and determine how much each City would pay, based upon each jurisdiction's population, BE IT THEREFORE RESOLVED THAT the Town of Los Altos Hills approves participation in a joint cities-county self-insurance study that will examine the following aspects of the liability insurance problem: I . An actuary study to establish funding needs for excess exposure. 2. The method of pooling to be used. 3. Funding technique to be used. 4. Type of management structure best to administer the proposed program. 5. Examine the possible levels of coverage and corresponding contributions. 6. Advise on other Risk Management areas that might be cooperatively undertaken by the cities and the County, and BE IT FURTHER RESOLVED THAT THE Town of Los Altos Hills approves a maximum of $125 as its share of the joint Liability Insurance Study; said share to be contributed only if all of the cities and the County participate in the study. BE IT FURTHER RESOLVED THAT the selection of consultant, consultant costs to a maximum of $20,000, and the performance of the consultant be the charge of the Liability Insurance Subcommittee of the City Managers' Association.