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RESOLUTION NO. 88- ~ <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA <br /> ANA APPROVING AND AUTHORIZING EXECUTION AND DELIVERY <br /> OF A JOINT POWERS AGREEMENT CREATING THE BIG <br /> INDEPENDENT CITIES EXCESS POOL JOINT POWERS AUTHORITY, <br /> AUTHORIZING THE EXECUTION AND DELIVERY OF A LIABILITY <br /> RISK COVERAGE AGREEMENT AND THE FILING OF A VALIDATION <br /> PROCEEDING AND CERTAIN OTHER ACTIONS IN CONNECTION <br /> THEREWITH <br /> <br /> WHEREAS, the City of Santa Aha (the "City') is a <br />municipality duly organized and existing under the <br />Constitution and laws of the state of california (the <br />"State"); <br /> <br /> WHEREAS, the City is authorized by Part 6 of Division <br />3.6 of Title 1, Sections 990 et seq., of the california <br />Government Code (the "Act") to insure itself against tort <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 />City is authorized to make premium payments for such <br />coverage in an amount such Council determines to be <br />necessary to provide such coverage; <br /> <br />411, <br /> <br /> <br />