CC Resolution No. 5008
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RESOLUTION N0. 5008
p RESOLUTION OF THE CITY COUNCIL OF TFiE CITY OF CUPERTINO
AUTHORIZING P~AG~~NTIAUTHORIHTY (PERPtA)ENTITY RISK MAN-
; Wk{EREAS~ the City of Cupertino has participated in the planning stages of
i a Join[ Risk Management Authority designed to reduce the costs and frequency
of protection for its liabilities; and
~{gREpS, based upon preliminary, estlmated cost of risk figues, iC appears
that a cost savings can be realized; and
WHEREAS, if final figures are not equal to or less tha[ the preliminary
figures submitted, the City of Cupertino has the °ement Autharityawing its
consent to participate in Public Entity Risk Manag
NOW, THEREFORE, the City Council of the City of Cupertino hereby resolves:
1. To authorize participation in the Public Entity Risk Management
Authority in the area of excess liability coverage.
2. To direct the City Manager to inform Darrell, Henry 5 Associates
of the City's commitment to joint the Public Entity Risk Manage-
I~ subject to favorable resolution of the aforemen[ioned
' ment Authority,
contingencies.
3~ pgreementConythenconditionstsetiforth aboveute said Joint PoWers
PASSED AND ADOPTED at a regular meeting of the City Council of the City
of Cupertino this Z4th aay of Ma~_+ 1979 by the following vote:
Vo[e rlembers of the Citv Council
Jackson. 0'Keefe, Rogers, Sparks, Meyers
AYES:
NOES: None .
ABSENT: None
ASSTAIN: None
APPROVED:
C%~~~~ t' ~ ,.~-~~ti~
Mayor, City of CupertinoV
ATTEST:
'~~L~~~.~~.-
f
Deputy City Clerk