A Resolution of the City Council of Homer, Alaska, Approving the Amendments to the Cooperative Participation Agreement and Bylaws of the Alaska Municipal League Joint Insurance Association, Inc. Effective July 1, 2010. City Manager.
CITY OF HOMER
A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, APPROVING THE AMENDMENTS TO THE COOPERATIVE PARTICIPATION AGREEMENT AND BYLAWS OF THE ALASKA MUNICIPAL LEAGUE JOINT INSURANCE ASSOCIATION, INC. EFFECTIVE JULY 1, 2010.
WHEREAS, AS 21.76 enacted by the 1986 Alaska Legislature provides a means for local governments and school districts to join together in a joint insurance arrangement intended to mitigate the cyclical and erratic nature of the conventional insurance market; and
WHEREAS, The Alaska Municipal League Joint Insurance Association, Inc. (AMLJIA), a not-for-profit corporation, was established pursuant to AS 21.76 by the Alaska Municipal League to provide risk management services for Alaska municipalities, city and borough school districts and regional education attendance areas; and
WHEREAS, This Association provides risk management services, including pooling of risks, self-insurance management, joint purchase of insurance, claims administration, loss prevention and control, claims defense and other related risk management services on behalf of its participants; and
WHEREAS, AS 21.76.010 provides that two or more local governmental entities may enter into cooperative agreements for these purposes; and
WHEREAS, Since the time of formation and in subsequent revisions, the AMLJIA’s current Cooperative Participation Agreement and Bylaws are out-dated and need revision; and
NOW, THEREFORE, BE IT RESOLVED by the Homer City Council that approval is expressed of the proposed amendments to the Cooperative Participation Agreement and Byalws of the AMLJIA, a copy of which is attached hereto and incorporated by reference.
BE IT FURTHER RESOLVED that the Homer City Council hereby approves the revised Cooperative Participation Agreement (hereinafter the "Agreement") among municipalities, school districts and regional education attendance areas creating the AMLJIA, a copy of which is attached hereto and incorporated by reference. The chief administrator is hereby authorized and directed to execute said Agreement and such other documents as may be necessary to effectuate participation of the entity as a member of the AMLJIA.
BE IT FURTHER RESOLVED that the Homer City Council hereby indicates its continued commitment to participate in the AMLJIA, organized pursuant to AS 21.76. By making this commitment, the entity hereby accepts and approves the revised Bylaws of the Association, a copy of which is attached hereto and incorporated by reference.
BE IT FURTHER RESOLVED that the Agreement will go into effect upon receipt by the Association of a signed copy of this resolution and a signed Agreement. The Entity’s participation in the Association continues for a term of one year commencing on on July 1 of the calendar year in which coverage begins.
BE IT FURTHER RESOLVED that this resolution shall be effective upon enactment.
PASSED AND ADOPTED by the Homer City Council this 26th day of April, 2010.
CITY OF HOMER
BETH WYTHE, MAYOR PRO TEMPORE
JO JOHNSON, CMC, CITY CLERK
Fiscal Note: N/A