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Resolution - 2020-38RESOLUTION NO. 2020-38 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, TO AUTHORIZE AND APPROVE POOLING OF SELF-INSURANCE THROUGH THE EXCESS LLABH-ITY PROTECTION PROGRAM OF THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY WHEREAS, pursuant to the provisions of Section 6500 et seq. and also Sections 990.4 and 990.8 of the California Government Code, the California Joint Powers Insurance Authority C"California JPIX) was created in 1977; and WHEREAS, the City of West Covina has executed the Joint Powers Agreement, to become a member of the California JPIA; and WHEREAS, the California JPIA has established and administered a successful Liability Self - Insurance and Loss Pooling Program since April 1, 1978; and WHEREAS, there are significant financial and administrative advantages for the City of West Covina to participate in the Excess Liability Protection Program NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. Liability coverage for the City of West Covina through the Excess Liability Program of the California JPIA is hereby authorized and directed effective July 1, 2020, for a minimum commitment period of three years, pursuant to the terms of the Excess Liability Program Memorandum of Coverage in effect at the time of any occurrence covered by the Memorandum of Coverage. SECTION 2. An initial annual contribution of $1,072,900, or such pro-rata part thereof as the California JPIA might determine for coverage of less than a fiscal period, for the Excess Liability Protection Program is approved and the appropriate officers of the City of West Covina are authorized to pay the same to the California JPIA. SECTION 3. The City of West Covina will subsequently be required to make deposits and deposit adjustments as provided in the California JPIA Joint Powers Agreement. SECTION 4. The City Clerk shall certify to the adoption of this resolution and shall enter the same in the book of original resolutions and it shall become effective immediately. SECTION 5. The City Cleric is directed to forward a certified copy of this resolution to the California JPIA, 8081 Moody Street, La Palma, CA 90623 APPROVED AND ADOPTED this 5th day of May, 2020. APPROVED AS FORM 1110"'Y ThomasP. ante City Attorney ATTEST — qlly"' Lisa 7KC ck Assisity Clerk I, LISA SHERRICK, ASSISTANT CITY CLERK of the City of West Covina, California, do hereby certify that the foregoing Resolution No. 2020-38 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 5th day of May, 2020, by the following vote of the City Council: AYES: Castellanos, Johnson, Shewmaker, Lopez-Viado, Wu NOES: now ABSENT: non¢ ABSTAIN: none t Lisa it ric AssisCity Clerk