HomeMy WebLinkAboutRes1988-016
.
.
.
Sponsored by: Schaefermeyer
CITY OF SEWARD, ALASKA
RESOLUTION NO. 88-016
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, AUTHORIZING THE EXECUTION OF A COOPERATIVE
PARTICIPATION AGREEMENT AMONG ALASKA MUNICIPALITIES AND
SCHOOL DISTRICTS CREATING THE ALASKA MUNICIPAL LEAGUE
JOINT INSURANCE ARRANGEMENT
WHEREAS, Alaska local governments and school
have generally been unable to procure adequate
coverage at reasonable prices; and
districts
insurance
WHEREAS, AS 21. 76 enacted by the 1986 Alaska
Legislature provides a means for local governments and
school districts to join together in a joint insurance
arrangement intended to mitigate the cyclical and erratic
nature of the conventional insurance market; and
WHEREAS, a not-for-profit Association is being estab-
lished pursuant to AS 21.76 by the Alaska Municipal League
to provide risk management services for Alaska municipal-
ities, city and borough school districts and regional
education attendance areas; and
WHEREAS, this Association will provide pooling of
risks, self-insurance management, joint purchase of insur-
ance, claims administration, loss prevention and control,
insurance defense and other related risk management services
on behalf of its members; and
WHEREAS, similar local government associations through-
out the United States have been able to assure insurance
coverages while obtaining significant long term economic
savings for their members due to the joint buying power of
the members, the non-profit tax-exempt status of the Asso-
ciation, the pooling and investment of premiums paid, and
risk management service provided for members; and
WHEREAS, AS 21.76.010 provides that two or more local
governmental entities may enter into cooperative agreements
for these purposes; and
WHEREAS, it is now necessary for potential members of
this Association to express a formal commitment to become a
member of the Joint Insurance Arrangement and to make
sufficient appropriations for annual premiums and assess-
ments for a three year term or until all payment obligations
have been satisfied as provided in a cooperative agreement
among the members of the Association;
-1-
.
.
.
CITY OF SEWARD, ALASKA
RESOLUTION NO. 88-016
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF SEWARD, ALASKA, that:
Section 1. The City of Seward hereby indicates its
commitment to become a member of the Alaska Municipal League
Joint Insurance Association, organized pursuant to AS 21.76.
By making this commitment the City Council hereby accepts
and approves the bylaws of the Association, a copy of which
is attached hereto and incorporated by reference.
Section 2. The City Council hereby approves a Cooper-
ative Participation Agreement (hereinafter the "Agreement")
among municipalities, school districts and regional educa-
tional attendance areas creating the Alaska Municipal League
Joint Insurance Association, a copy of which is attached
hereto and incorporated by reference. The Mayor is hereby
authorized and directed to execute said "Agreement" and such
other documents as may be necessary to effectuate participa-
tion of the City as a member of the Joint Insurance Asso-
ciation.
Section 3. The City Council pledges to appropriate
sufficient funds for annual premiums and assessments to
enable the "Agreement" to go into effect on July 1, 1988 and
to remain in effect for a term of at least three years or
until all payment obligations have been satisfied. Amounts
payable to the Association, as encumbered by the
"Agreement", shall be classified as "operating expenses" and
are subject to annual appropriation by the City Council.
Section 4. This Resolution shall take effect immedi-
ately upon its adoption.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, this 22 day of February , 1988
THE CITY OF SEWARD, ALASKA
AYES:
NOES:
ABSENT:
ABSTAIN:
DUNHAM, GIESELER, HILTON, NOLL, O'BRIEN & SIMUTIS
NONE
MEEHAN
NONE
-2-
.
.
.
CITY OF SEWARD, ALASKA
RESOLUTION NO. 88-016
ATTEST:
(City Seal)
APPROVED AS TO FORM:
HUGHES, THORSNESS, GANTZ,
POWELL & BRUNDIN, Attorneys
for the City of Seward, AK
?~ fl;/~
Fred B. Arvidson
City Attorney
-3-