Agreement with the Independent Cities Risk Management Authority (ICRMA)

 

Recommendation:

Staff recommends that the City Council adopt the attached resolution amending the Joint Exercise of Powers Agreement with the Independent Cities Risk Management Authority (ICRMA) adding the City of Palm Springs to the ICRMA pool.

Background:

The Independent Cities Risk Management Authority (ICRMA) is a pool of 30 cities who are joined in agreement to share in the costs of purchasing and funding excess insurance and risk management services. The City of Hermosa Beach is a member of ICRMA for the purchase of excess liability, workers’ compensation, and property insurance. In addition to excess insurance, ICRMA provides training and a variety of risk management services.

Analysis:

The City of Palm Springs submitted an application for membership in ICRMA. ICRMA staff and the Governing Board have reviewed the application and determined that the appliation complies with the ICRMA requirements. At a recent ICRMA Governing Board meeting changes were approved to the joint powers agreements and the City of Palm Springs was approved for membership into the pool. These changes require that each individual City Council approve a revised agreement. Attached is a resolution prepared by ICRMA general legal counsel for adoption by each member city.

Fiscal Impact:

There is no additional fiscal impact to the proposed changes.

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RESOLUTION NO. _______

 

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA,  APPROVING AN AMENDMENT TO THE INDEPENDENT CITIES RISK MANAGEMENT AUTHORITY JOINT POWERS AGREEMENT ADMITTING TO MEMBERSHIP THE CITY OF PALM SPRINGS

WHEREAS, the City of Hermosa Beach is a member of the Independent Cities Risk Management Authority ("ICRMA"), a Joint Powers Authority, which provides risk management programs of insurance to protect its members from the effect of unexpected losses and to provide excess insurance and other services, including risk management, loss prevention, claims adjustment, insurance brokerage, legal and other services related to its purpose; and

WHEREAS, the City of Palm Springs has applied for membership in ICRMA and the Governing Board has determined that the City of Palm Springs meets the qualifications for membership and has approved its becoming a member; and

WHEREAS, it is appropriate to amend the ICRMA Joint Powers Agreement to admit the City of Palm Springs as a member of the Joint Powers Authority;

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH DOES FIND, DETERMINE AND DECLARE AS FOLLOWS:

This City Council does approve an amendment to the Independent Cities Risk Management Authority Joint Powers Agreement to admit to full membership the City of Palm Springs.

RESOLVED FURTHER that a certified copy of this Resolution shall be filed with the General Manager of the Independent Cities Risk Management Authority.

PASSED, APPROVED and ADOPTED this 11th day of September, 2001.

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