HomeMy WebLinkAbout15-92 • • O.
RESOLUTION NO. 15-92
RESOLUTION OF
THE TOWN OF LOS ALTOS HILLS
AUTHORIZING THE EXECUTION OF
THE REVISED RISK COVERAGE AGREEMENT
BETWEEN THE TOWN OF LOS ALTOS HILLS
AND THEASSOCIATION OF BAY AREA GOVERNMENTS
WHEREAS, the Town of Los Altos Hills is empowered under
Government Code Sections 989 et sea. , 6500 et seq. and Labor Code
Section 3700 to insure itself against liability and other losses,
workers' compensation claims and to provide insurance and self-
insurance in any desired combination; and
WHEREAS, the Town is a member of the Association of Bay Area
Governments (ABAG) ; and
WHEREAS, the Town desires to contract with ABAG and other
members of ABAG to pool their self-insured losses; jointly
purchase excess insurance; and to develop effective risk
management and loss control programs to reduce the amount and
frequency of its losses (hereafter referred to as the "PLAN
Program") ; and
WHEREAS, the Town executed and delivered the Risk Coverage
Agreement dated as of June 2 , 1986, by and among ABAG and other
cities participating in the PLAN Program including the Town; and
WHEREAS, the Revised Risk Coverage Agreement dated as of
July 1, 1992 , is on file with the City Clerk and is available for
review by members of the Town Council and members of the general
public; and
WHEREAS, the Revised Risk Coverage Agreement provides for
the continuation of the PLAN Program in a more flexible form with
a 'wider range of insurance coverages; and
WHEREAS, the Board of Directors of the ABAG PLAN Corporation
representing participating cities and towns in the PLAN program
have recommended approval of the Revised Risk Coverage Agreement.
NOW THEREFORE, BE IT RESOLVED that the City Manager of the
Town of Los Altos Hills or his designee is hereby authorized and
directed to execute and deliver the Revised Risk Coverage
Agreement in substantially the form on file with the City Clerk
to the Association of Bay Area Governments and to execute and
deliver such other documents as may be reasonably necessary to
effectuate the Revised Risk Coverage Agreement.
• S • •
Regularly passed and adopted this 3rd day of
June , 1992.
By:
Mayor
ATTEST:
_
City Cl
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PB\PMG\149490DC.W50
05/27/92
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