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Resolution 1992-42A . . , . . RESOLUTION NO. 92 - 42A RESOLUTION OF THE COUNCIL OF THE CITY OF GILROY APPROVING A REVISED RISK COVERAGE AGREEMENT WITH ABAG. WHEREAS, the City of Gilroy is empowered under Government Code Sections 989 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 City of Gilroy is a member of the Association of Bay Area Governments (ABAG); and WHEREAS, the City of Gilroy 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 frequently of its losses (hereafter referred to as the 'PLAN Program"); and WHEREAS, the City of Gilroy 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 City of Gilroy; and WHEREAS, the Revised Risk Coverage Agreement dated as of July I, 1992, is on file with the City Clerk and is available for review by members of the City of Gilroy 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/towns in the PLAN program have recommended approval of the Revised Risk Coverage Agreement. -1- RESOLUTION NO. 92 - 42A , . . . NOW, THEREFORE BE IT RESOLVED that the City Administrator or his/her 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. PASSED AND ADOPTED this 15th day of June, 1992, by the following vote: AYES: COUNCILMEMBERS: GILROY, HALE, KLOECKER, ROWLISON, VALDEZ and GAGE. NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBER: NELSON APPROVED: ~~ ATTEST: -2- RESOLUTION NO. 92 - 42A . . l I, SUSANNE E. STEINMETZ, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 92-42A is an original resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the 15th day of June , 19~, at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this 28th day of August 19 92. (Seal)