(A Resolution Regarding Membership in the City County Insurance Services Trust)
WHEREAS, City County Insurance Services Trust (CIS) is a trust established by the League of Oregon Cities (LOC) and Association of Oregon Counties (AOC) to created and administer pooled retention funds to protect members against the financial consequence of property, casualty, and workers’ compensation losses pursuant to coverage agreements;
WHEREAS, CIS provide its Members a broad array of risk management services, including risk financing, loss prevention and loss control programs, claims management and legal representation, risk management consulting, data gathering, information sharing, training and related services;
WHEREAS, the City of Hood River finds that membership CIS is a benefit in managing the risks involved in providing services to its citizens;
WHEREAS, the City of Hood River has been provided with copies of the CIS Trust Agreement, Bylaws and rules which have been recently updated and revised;
WHEREAS, the CIS Bylaws, at Articles 2.2.2 and 3.3 provide that Articles 2 and 3 of the bylaws shall constitute a contract between the Member and CIS and that the Member shall adopt a resolution acknowledging that contractual relationship;
NOW, THEREFORE, BE IT RESOLVED by the Hood River City Council that: the City of Hood River does hereby acknowledge and agree that it has received copies of the CIS Agreement and declaration of Administrative Trust, Bylaws, and rules and accepts the terms and conditions therein with respect to any CIS coverage programs in which it elects to participate and for which it is accepted as a Member by CIS.
Approved by the Hood River City Council the 10th day of March, 2008, to take effect immediately.
Linda Streich, Mayor
Jennifer McKenzie, City Recorder