HomeMy WebLinkAboutResolution 06-41 10/16/2006
RESOLUTION NO. ~-.iL
A RESOLUTION INITIATING MEMBERSHIP IN THE CITY COUNTY INSURANCE
TRUST (CIS) AND ADOPTING THE POLICIES AND IMPLEMENTATION
RECOMMENDATIONS MADE BY THE CITY MANAGER.
WHEREAS, City County Insurance Services Trust (CIS) is a trust established by
the League of Oregon Cities (LOC) and Association of Oregon Counties (AOC) to create
and administer pooled retention funds to protect members against the financial
consequence of property, casualty, and workers compensation losses pursuant to
coverage agreements; and
WHEREAS, CIS provides its members a broad array of risk management
services, including risk financing, loss prevention and loss control programs, claims
management and legal representation, risk management consulting, data gathering,
information sharing, training and related services; and
WHEREAS, the City of Springfield finds that membership in CIS is a benefit in
managing the risks involved in providing services to its citizens; and
WHEREAS, the City of Springfield has been provided with copies of the CIS
Trust Agreement, Bylaws and Rules which have been recently updated and revised; and
WHEREAS, the CIS Bylaws, at Articles 2.2.2 and 3.3 provide that Articles 2 and
3 of the bylaws shall constitute a contract between the Member and CIS and that the
Member shall adopt a resolution acknowledging that contractual relationship;
NOW THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE
CITY OF SPRINGFIELD AS FOLLOWS:
1. The City of Springfield does hereby acknowledge and agree that it has
received copies of the CIS Agreement and Declaration of Administrative
Trust, Bylaws, and Rules and accepts the terms and conditions therein with
respect to any CIS coverage programs in which the City elects to participate
and for which it is accepted as a Member by CIS.
2. This Resolution shall take effect upon passage by the Council and approval
by the Mayor.
3. This Resolution may be revoked at any time by the Council of the City of
Springfield.
Adopted by the Common Council of the City of Springfield, Oregon, this 16th day
of October ,2006.
Adopted by a vote of 5
for and
o
against. (1 absent - Fitch)
ATTEST:
~
REVIEWED & APPROVED
A\ TO FORM \
- o.,.~~ ~L'D'b"~
DATE: .-lO-J \ \
OFFICE OF CITY ATTORNEY