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Sponsored by: Oates <br /> CITY OF SEWARD, ALASKA <br /> RESOLUTION 2010 -026 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> SEWARD, ALASKA, APPROVING THE AMENDMENT TO THE <br /> COOPERATIVE PARTICIPATION AGREEMENT AND BYLAWS <br /> OF THE ALASKA MUNICIPAL LEAGUE JOINT INSURANCE <br /> ASSOCIATION, INC. EFFECTIVE JULY 1, 2010 <br /> WHEREAS, AS 21.76 enacted by the 1986 Alaska Legislature provides a means <br /> for local governments and school districts to join together in a joint insurance <br /> arrangement intended to mitigate the cyclical and erratic nature of the conventional <br /> insurance market; and <br /> WHEREAS, the Alaska Municipal League Joint Insurance Association, Inc. <br /> ( AMLJIA), a not- for -profit corporation, was established pursuant to AS 21.76 by the <br /> Alaska Municipal League to provide risk management services for Alaska municipalities, <br /> city and borough school districts and regional education attendance areas; and <br /> WHEREAS, this Association provides risk management services, including <br /> pooling of risks, self - insurance management, joint purchase of insurance, claims <br /> administration, loss prevention and control, claims defense and other related risk <br /> management services on behalf of its participants; and <br /> WHEREAS, AS 21.76.010 provides that two or more local governmental entities <br /> may enter into cooperative agreements for these purposes; and <br /> WHEREAS, since the time of formation and in subsequent revisions, the <br /> A.MLJIA's current Cooperative Participation Agreement and Bylaws are out- dated and <br /> need revision. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br /> THE CITY OF SEWARD, ALASKA that: <br /> Section 1: The City Council hereby indicates its approval of the proposed <br /> amendments to the Cooperative Participation Agreement and Byalws of the AMLJIA, a <br /> copy of which is attached hereto and incorporated by reference. <br /> Section 2: The City Council hereby approves the revised Cooperative <br /> Participation Agreement (hereinafter the "Agreement") among municipalities, school <br /> districts and regional education attendance areas creating the AMLJIA, a copy of which <br /> is attached hereto and incorporated by reference, <br /> Section 3: The City Manager is hereby authorized and directed to execute said <br /> Agreement and such other documents as may be necessary to effectuate participation of <br /> the entity as a member of the AMLJIA. <br />