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193 <br /> <br />Resolution No. 88- ~ <br />Page 9 <br /> <br />costs of establishing the pooled insurance program, the <br />unavailability of affordable commercial liability <br />insurance to the City and to other Participants, the <br />anticipated costs of commercial liability insurance in the <br />future, the obligations of the Participants under the <br />Coverage Agreement (including the other Participants' <br />agreement to share the risk of costs imposed by liability <br />claims to the City), the obligation of the Authority to <br />provide insurance services, the benefits resulting from <br />capitalization of a pooled insurance program (including <br />the prospect of access to the commercial liability <br />reinsurance market) and the other benefits therefrom which <br />will accrue to the City and the health and safety of the <br />general public; <br /> <br /> WHEREAS, the City receives benefit from the sharing of <br />risk of costs imposed by liability claims under the terms <br />of the coverage Agreement during each Coverage Period; the <br />assessment of Pure Premium is the means by which such <br />risk-sharing is implemented; and the procedure established <br />in the Coverage Ageement for the calculation, adjustment <br />and assessment of Pure Premium is hereby determined to be <br />fair, just and reasonable as a means of such risk-sharing; <br /> <br /> WHEREAS, Section 52511 of the California Government <br />Code provides that '[a] local agency may bring an action <br />to determine the validity of its bonds, warrants, <br /> <br /> <br />