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HomeMy WebLinkAboutRESO 6526RESOLUTION NO. 6526 RESOLUTION Or' THE COUNCIL OF THE CITY Or., PALO ALTO APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE A JOINT EXERCISE OF POWERS AGREEMENT CREATING THE AUTr.iORITY FOR CALI~'ORNIA CITIES EXCECS LIABILITY WHEREAS, the City of Palo Alto, along with other California munic- ipalities, has found it difficult or impossible to purchase excess liability insurance; and WHEREAS, the City of Palo Alto, as well as other municipalities, has determined that there is a need for funding a system of excess liability; and WHEREAS, Palo Alto desires to combine with other California munic- ipalities to establish, operate, and maintain a joint powers authority for funding such excess liability coverage; and WHEREAS, sections 6500 et seq. of the California Government Code authorize the joint exercise by two or more public agencies of an~· power common to them; NOW, THEREFORE, the Council of the City of Palo Alto does hereby RESOLVE as follo~s: SECTION 1. The City of Palo Al to hereby approves membership in the Authority for California Cities Excess Liability and authorizes the mayor to execute on behalf of the City the joint powers agreement establishing such authori~y. SECTION 2. Palo Alto hereby designates its loss control manager as its authorizerl representative on the board of directors of the Authority for California Cities Excess Liability. INTRODUCED AND PASSED: June 23, 1986 AYES: Bechtel, Cobb, Fletcher, Levy, Patitucci, Renzel, Sutorius, Woolley NOES: None ABSTENTIONS; None ABSENT: Klein .. . APPROVED: ~~o·~ ATTEST: ~ /,'JC~) . -# . d' ~A.,. tit ~'4-<V). ~ city er / 1 / ;/ t_,/ u M"ayor Attorney of Finance c ~-z,,.~- of Personnel