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HomeMy WebLinkAbout2020-109 - Resolution RESOLUTION NO. 2020-109 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, ADOPTING A JOINT POWERS AGREEMENT AND BYLAWS FOR CALIFORNIA INTERGOVERNMENTAL RISK AUTHORITY, WHICH PERMITS THE JOINING OF THE PUBLIC AGENCY RISK SHARING AUTHORITY OF CALIFORNIA AND THE REDWOOD EMPIRE MUNICIPAL INSURANCE FUND WHEREAS, the City of Rancho Cucamonga (the "City") is a party to the Joint Powers Agreement creating the Public Agency Risk Sharing Authority of California, dated November 19, 1993 (the "Joint Powers Agreement'), and as such, is a Member Agency of the Public Agency Risk Sharing Authority of California ("PARSAC"), as that term is defined in the Joint Powers Agreement; and WHEREAS, PARSAC and Redwood Empire Municipal Insurance Fund ("REMIF") have engaged in a strategic partnership, leading to a proposed merger between the two organizations; and WHEREAS, The Board of Directors for PARSAC and REMIF have directed the creation of a new pool called the California Intergovernmental Risk Sharing Authority ("CIRA"), effective 07/01/21; and WHEREAS, each Member Agency of PARSAC is required to adopt the CIRA Joint Powers Agreement and Bylaws to complete the merger; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California to approve adoption of the Joint Powers Agreement and Bylaws for the California Intergovernmental Risk Authority (CIRA), which permits the merger and joining of the Public Agency Risk Sharing Authority of California (PARSAC) and the Redwood Empire Municipal Insurance Fund (REMIF). Resolution No. 2020-109 - Page 1 of 2 PASSED, APPROVED, and ADOPTED this 21s'day of October 2020. Y ennis Michae , Mayor (I ATTEST: 3WUik r. At!4� nice C. Reynolds, CiFy Clerk STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss CITY OF RANCHO CUCAMONGA ) I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a Regular Meeting of said Council held on the 21 st day of October 2020. AYES: Hutchison, Kennedy, Michael, Scott, Spagnolo NOES: None ABSENT: None ABSTAINED: None Executed this 22"d day of October, 2020, at Rancho Cucamonga, California. e X-- 4"�� ice C. Reynolds, City 15erk Resolution No. 2020-109 - Page 2 of 2