HomeMy WebLinkAboutAgenda Item - 2002-02-05 - Number 4.2.3 - 4.2.3
02/05/02
CITY OF LAKE OSWEGO
AGENDA REPORT SUMMARY
MEETING DATE: February 5, 2002
SUBJECT: Resolution 02-07, Continuing Membership in the City County Insurance
Services Trust
RECOMMENDED MOTION:
Move to approve Resolution 02-07, continuing the City's membership in the City County
Insurance Services Trust.
EST. FISCAL ATTACHMENTS: NOTICED (Date):
IMPACT:
• Jordan memo of
STAFF COST: $ 1/15/02 Ordinance No.:
• Resolution 02-07
Resolution No.: 02-07
BUDGETED:
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Previous Council
FUNDING SOURCE: Consideration:
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DEPT. DIRECTOR ASS . ITY MANAGER CITY MA GE
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Council Report
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TO: Douglas J. Schmitz, City Manager
FROM: Chris Jordan, Assistant City Manager
SUBJECT: Resolution 02-07, Continuing Membership in the City County
Insurance Services Trust
DATE: January 15, 2002
Purpose
Council is asked to approve Resolution 02-07 continuing the City's participation
in the City County Insurance Services Trust (CIS).
Background
For much of its insurance coverage the City is self-insured jointly with other local
governments. Self-insurance, with adequate protection against catastrophic
losses, is the most cost-effective form of protection over the long term.
Periodically, the City is required to adopt a resolution confirming our
membership in CIS. Approval of Resolution 02-07 will satisfy this requirement.
Options
Approve Resolution 02-07.
Pull from the consent agenda and discuss.
Recommendation
Staff recommends approval of Resolution 02-07.
Attachment
RESOLUTION 02-07
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE OSWEGO
CONTINUING THE CITY OF LAKE OSWEGO'S MEMBERSHIP IN THE CITY
COUNTY INSURANCE SERVIES TRUST
WHEREAS, City County Insurance Services (CIS) is a trust established by the League of
Oregon Cities and the Association of Oregon Counties 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 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 Lake Oswego finds that membership in CIS is a benefit in
managing the risks involved in providing services to its citizens; and
WHEREAS, the City of lake Oswego has been provided copies of the CIS Trust
Agreement, Bylaws and Rules which have been updated and revised recently; 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 City Council of the City of Lake
Oswego that the City of Lake Oswego ("Member") 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 it elects to participate and for which it is accepted
as a Member by CIS.
Considered and enacted at the regular meeting of the City Council of the City of Lake
Oswego on this day of February, 2002.
AYES:
NOES:
ABSTAIN:
EXCUSED:
27
Judie Hammerstad
Mayor
ATTEST:
Robyn Christie
City Recorder
APPROVED AS ORM:
Jt /J - '
City Attorney's Office
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