Resolution No. 21 for 1997 - Regarding Membership in the City/County Insurance Services Trust Liability Risk Sharing Pool

A RESOLUTION REGARDING MEMBERSHIP IN CITY/COUNTY INSURANCE SERVICES TRUST LIABILITY RISK SHARING POOL.

WHEREAS, the City/County Insurance Services Trust (CIS) offers pooled self-insurance offering cost stability and the potential for long-terms savings; and

WHEREAS, CIS is sponsored by the League of Oregon Cities and the Association of Oregon Counties as a service to Oregon cities and counties; and

WHEREAS, the City of Sweet Home finds that membership in CIS is of benefit in managing the risks involved in providing services to its citizens; and

WHEREAS, the City of Sweet Home has been provided with an opportunity to review the Trust Agreement, Bylaws and Rules of CIS; and

WHEREAS, the city of Sweet Home has reviewed the Trust Agreement, Bylaws and Rules of CIS for compliance with the Charter and Ordinances of the City of sweet Home;

NOW, THEREFORE, the City of Sweet Home does hereby enter into a contract with CIS and becomes a member of the CIS Trust for General Liability and Automobile Liability for a three-year period commencing July 1, 1997, and agrees to abide by the terms of the Trust Agreement, Bylaws and Rules of CIS which, along with this Resolution, constitutes the contract between the City of Sweet Home and CIS. The City Manager is hereby authorized to execute such documents as are necessary pursuant to this Resolution.

PASSED by the City Council and approved by the Mayor this 22nd day of July, 1997.