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BICEP 2-1988
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BICEP 2-1988
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Last modified
1/3/2012 3:17:55 PM
Creation date
1/12/2004 3:43:46 PM
Metadata
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Template:
Contracts
Company Name
Big Independent Cities Excess Pool Joint Powers Authority
Contract #
A-1988-090B
Agency
Personnel Services
Council Approval Date
9/19/1988
Insurance Exp Date
7/1/2016
Notes
Liability Risk Coverage Agreement; Amended by A-1988-090C and A-1988-090B-3
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1 SECTION 4.2 <br /> <br />SECTION 4.3 <br />SECTION 4.4 <br />SECTION 4.5 <br />SECTION 4.6 <br />SECTION 4.7 <br /> <br />9 SECTION 4.8 <br /> <br />Paqe <br /> <br />11 <br /> <br />13 <br /> <br />15 <br /> <br />Budget and Appropriation of Premium <br />Payments ................................. 20 <br />Obligation to Pay Premiums ................. 20 <br />Premiums ................................... 21 <br />Pure Premium Adjustments ................... 25 <br />Special Pure Premium Adjustments ........... 27 <br />Participants Making a Cash Deposit into <br />the Claims Payment Fund .................. 28 <br />Credits for Withheld Refunds ............... 28 <br /> <br />17 SECTION 5.1 <br /> <br />19 SECTION 5.2 <br /> <br />21 SECTION 5.3 <br /> <br />23 <br /> <br /> ARTICLE V <br /> <br />RESERVES RELEASED FROM THE <br />PLEDGE OF THE INDENTURE <br /> <br />25 <br /> <br />Receipt of Reserves Upon Discharge of <br />the Trust Indenture ...................... 29 <br />Receipt of a Participant's Allocable <br />Share Upon Withdrawal or Expulsion ....... 29 <br />Receipt of a Participant's Share of Debt <br />Service Reserve Fund Upon Prepayment ..... 30 <br /> <br />27 <br /> <br />29 <br /> <br />31 <br /> <br />33 <br /> <br />35 <br /> <br />ARTICLE VI <br /> <br />SECTION 6.1 <br />SECTION 6.2 <br />SECTION 6.3 <br /> <br />ADMISSION TO, WITHDRAWAL FROM AND EXPULSION <br />FROM THE POOLED SELF-INSUtlANCE PROGRAM <br /> <br />37 <br /> <br />39 <br /> <br />41 <br /> <br />43 <br /> <br />SECTION 7.1 <br /> <br />Conditions to Providing Coverage to a <br />New Participant .......................... 30 <br />Conditions To Permitting Withdrawal of a <br />Participant from Coverage ................ 32 <br />Conditions to Permitting Expulsion of a <br />Participant from Coverage ................ 34 <br /> <br />45 <br /> <br /> ARTICLE VII <br /> <br /> ABATEMENT <br /> <br />Abatement of Participation Premium in <br /> the Event of Failure to Pay Settlements <br /> <br />34 <br /> <br /> ii <br />2658002/2 <br /> <br /> <br />
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