1-04 CIS Membership
RESOLUTION #01-04
RESOLUTION REGARDING MEMBERSHIP IN THE CITY COUNTY INSURANCE SERVICES TRUST
Recitals:
1. City County Insurance Service Trust (CIS) is a trust established by the Leagues or Oregon Cities (LOC) and Association of Oregon Counties (AOC) to administer pooled retention funds to protect members against the financial consequence of property, casualty and workers compensation losses pursuant to coverage agreements;
2. CIS provides its members a broad array of risk management services, including financing, loss Prevention and loss control programs, claims management and legal representation, risk management consulting, data gathering, information sharing, training and related services;
3. The City of Sodaville finds that membership in CIS is a benefit in managing the risks involved in providing services to its citizens;
4. The City of Sodaville has been provided with copies of the CIS Trust Agreement, Bylaws and rules which have been recently updated and revised;
5. The CIS Bylaws, at Articles 2.2.2 and 3.3 provide that Articles 2 and 3 of the bylaws shall constitute a contract between the Member and CIS and that the Member shall adopt a resolution acknowledging that contractual relationship.
Now, therefore, The City of Sodaville ("Member") does hereby acknowledge and agree that it has received copies of the CIS Agreement and Declaration of Administrative Trust, Bylaws and Rules and accepts the terms and conditions therein with respect to any CIS coverage programs in which it elects to participate and for which it is accepted as a Member by CIS.