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196 <br /> <br />Resolution NO. 88-5 <br />Page 12 <br /> <br /> SECTION 3. Liability Risk Coverage A~reement. The <br /> <br />form of Liability Risk Coverage Agreement, with an <br /> <br />effective date of its date of execution, between the City <br />and other california cities, which may include the Cities <br />of Fullerton, Garden Grove, Euntington Beach, Oxnard, <br />Pomonav Sacramento, San Bernardino and Santa Aha, <br />California as Participants and the Authority, as the <br />provider of liability insurance thereunder, presented to <br />this meeting and on file with the Clerk of the city <br />Council is hereby approved. The Mayor, City Manager and <br />Finance Director are hereby authorized and directed, for <br />and in the name and on behalf of the City, to execute, <br />acknowledge and deliver to the Authority, on or after the <br />date on which the judgment of validation referred to in <br />Section 4 hereof becomes final, said Liability Risk <br />Coverage Agreement in substantially said form, with such <br />changes therein as such officer may require to approve, <br />such approval to be conclusively evidenced by the <br />execution and delivery thereof. <br /> <br /> SECTION 4. validation Proceedings. The Mayor, City <br />Manager and Finance Director and any other officer or <br /> <br />official of the City authorized by the Mayor are hereby <br />authorized and directed to participate and cooperate to <br />the fullest extent practicable with the Authority, the <br />other Participants and representatives of Brown & Wood, <br /> <br /> <br />