R-078-22 Approving Execution of the Joint Powers Agreement Creating the Public Entity Risk Management Authority

Browse Search

3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 `2 23 24 25 26 27 28 RESOLUTION NO. R-78-22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, COUNTY OF SAN BERNARDINO, CALIFORNIA, APPROVING EXECUTION OF THE JOINT POWERS AGREEMENT CREATING THE PUBLIC ENTITY RISK MANAGEMENT AUTHORITY. WHEREAS, pursuant to the provisions of Sections 990, 990.4, 990.8 and 6500 of the California Government Code, the Public Entity Risk Management Authority ("PERMA") has been created by a Joint Powers Agreement; and WHEREAS, Joint Protection Programs have been developed by PERMA pursuant to the provisions of said Agreement; and WHEREAS, the Agreement provides for additional members to become parties to the Joint Powers Agreement creating PERMA and enter one or more Joint Protection Programs providing self-insurance and loss pooling; and WHEREAS, the self-insurance and loss pooling programs of PERMA, as well as its group insurance coverage programs, offer significant advantages to the City in terms of cost, protection, risk management and loss control advice and assistance, and entering such programs would be in the best interest of the City. WHEREAS, the City desires to confirm its support for the purposes of the PERMA and to join as a member of the same and to appoint its representative to the PERMA Board of Directors; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA, DOES HEREBY RESOLVE, ORDER AND DETERMINE THE FOLLOWING: Section 1. That the Mayor of the City of Colton is hereby authorized and directed to execute the Joint Powers Agreement on behalf of the City binding the City to the terms and conditions of said Agreement. The City understands and agrees that, by executing the Agreement, it will be bound by the terms of the Joint Powers Agreement, specifically Article 4, "Responsibilities of Members," including the obligation to make deposits and deposit adjustments for joint protection programs it joins. Section 2. That the City hereby joins PERMA for a minimum period of three (3) years beginning on July 1, 2022, and will subsequently be required to make deposits and deposit adjustments as provided in PERMA Joint Powers Agreement.