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HomeMy WebLinkAboutCouncil Resolution 802RESOLUTION No. 802 RESOLUTION REGARDING MEMBERSHIP CITY/COUNTY INSURANCE SERVICES TRUST PROPERTY SELF-INSURANCE POOL 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 of Central Point finds that membership in CIS is of benefit in managing the risks involved in providing services to its citizens; and Whereas, the City of Central Point has been provided with an opportunity to review the Trust Agreement, Bylaws and Rules of CIS; and Whereas, the City of Central Point has reviewed the Trust Agreement, Bylaws and Rules of CIS for compliance with the Charter and Ordinances of the City of Central Point; Now,. therefore, the City of Central Point does hereby enter into a contract with CIS and becomes a member of the CIS Trust for Property for athree-year period commencing July 1, 1997 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 of Central Point and CIS. The [Administrative Officer - insert title C_~-~..~ i~,.,,~~;~~~a{or 1 is hereby authorized to execute such documents as are necessary pursuant to this Resolution. ADOPTED: 1Datel `~ -a.1-°~~ Mayor ATTEST: City Recorder