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HomeMy WebLinkAbout12398 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 " RESOLUTION NO. /.:?39tf / RESOLUTION OF THE CITY OF SAN BERNARDINO ESTABLISHING POLICIES RELATING TO A SELF-INSURANCE PROGRAM FOR PERSONAL INJURY AND PROPERTY DAMAGE LIABILITY COVERAGE AS PERTAINS TO AUTO/PUBLIC LIABILITY INSURANCE. WHEREAS, major shifts in judicial and legislative restrictions on governmental immunity from general tort liability has intensified the ex- posure of the City to liability for losses arising from personal injury and property damage; and WHEREAS, said intensified exposures, coupled with extensive litigations arising therefrom! are causing a deterioration of insurance markets, signifi- cant increases in premiums, and a narrowing of coverage; NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO that it should be the policy of this City to use a planned program of self-insurance where the probable result will be lower cos ts . BE IT FURTHER RESOLVED, that in recognition of its financial resources, the City will accept retention of uninsured personal injury and property damage liability losses up to the following limits: 1, Not more than $100,000 arising out of a single event or occurrence; 2. Not more than $250,000 aggregate during any fiscal year. BE IT FURTHER RESOLVED, that an adequate reserve fund shall be estab- lished in support of this planned program of self-insurance. BE IT FURTHER RESOLVED, that it is the policy of this City to place priority and emphasis on catastrophe insurance. BE IT FURTHER RESOLVED, that the City Administrator or his authorized representative shall be responsible for the administration of these policies. . .-- . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the /~~ 1/ i/ , 1976, Mayor and Common Council of the City of San Bernardino at a meeting thereof, held on the /'1r:d day of r by the following vote, to wit: AYES: councilmen(~ ~~~~-tf ~A~ A:4~4~'~ ';r~L~ 1 ~/ (~./A"-M-""//~A.-v'/.- ~~'..I'~~'Y ABSENT: (I.n.H'__A/k.A~. ,~.P~",~ NAYS: o~ --/,,~,,/-- ~ (7~.--cA Lb~. . City C The foregoing resolution is hereby approved this ,f:r!!day of ~./,b , 1976. Approved as to form: ./" ,/' / FILED APR 26 1976 t'.. ~ G?F~RTH. CitY. Cledl BY ~;/~UTY1