Resolution 88-05

RESOLUTION REGARDING MEMBERSHIP IN THE CITY/COUNTY INSURANCE SERVICES TRUST

Whereas, the City/County Insurance Services Trust (CIS) offers pooled self-insurance offering cost stability and the potential for long-term 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/County of Sodaville] finds that membership in CIS is of benefit in managing the risks involved in providing services to its citizens; and

Whereas, the [City/County of Sodaville] has been provided with an opportunity to review the Trust Agreement, Bylaws and Rules of CIS; and

Whereas, the [City/County of Sodaville] has submitted the Trust Agreement Bylaws and Rules of CIS to its legal counsel to review for compliance with the Charter and Ordinances of the [City/County of Sodaville]

Now, therefore, the [City/County of Sodaville 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, 1988 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/County of Sodaville] and CIS. The [Administrative Officer] is hereby authorized to execute such documents as are necessary pursuant to this Resolution.

Passed by the Council this 26 day of July, 1988.