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RESOLUTION NO. 88- 3 <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA AUTHORIZING THE DEVELOPMENT <br />OF A POOLED EXCESS LIABILITY INSURANCE PROGRAM <br /> <br /> WHEREAS, representatives of the City of Santa Aha (the <br />"City") have examined the advisability of participation in <br />a pooled excess liability insurance program (the <br />"program"), which may include the Cities of Garden Grove, <br />Fullerton, Huntington Beach, Los Angeles, Oakland, Oxnard, <br />Pasadena, Pomona, Riverside, Sacramento, San Bernardino, <br />Santa Ana and San Diego, California (the "Prospective <br />Participants"), and have taken preliminary steps to <br /> <br />develop the Program; <br /> <br /> WHEREAS, the City is authorized by Part 6 of Division <br />3.6 of Title 1, Section 990 et seq., of the california <br />Government Code (the "Act") to insure itself against tort <br /> <br />or inverse condemnation liability, to insure its employees <br />against injury resulting from an act or omission in the <br />scope of his employment and to insure against the costs of <br />defending such claims; <br /> <br /> WHEREAS, pursuant to Section 990.4 of the Act the City <br />is authorized to provide insurance by self-insurance which <br />may be funded by appropriations and to establish or <br />maintain reserves for such purposes; <br /> <br /> WHEREAS, pursuant to Section 990.6 of the Act, the <br />cost to the City of such self-insurance is a proper charge <br />against the City and therefore the City Council of the <br /> <br />City is authorized to make premium payments for such <br /> <br />OO9 <br /> <br /> <br />