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Res 302RESOLUTION NO. 302 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA JOINING THE WORKERS COMPENSATION PROGRAM OF THE SOUTHERN CALIFORNIA JOINT POWERS INSURANCE AUTHORITY The City Council of the City of Poway, California, does hereby find and resolve as follows: WHEREAS, pursuant to the provisions of Section 990, 990.4, 990.8 and 6500 et seq. of the Government Code the Southern California Joint Powers Insurance Authority was created by a Joint Powers Agreement, and this City has become a Member of said Authority; and WHEREAS, the Southern California Joint Powers Insurance Authority has established a workers compensation self-insurance and loss-pooling program for its member cities; and WHEREAS, said workers compensation program offers significant advantages to the cities participating in terms of cost savings and services provided. NOW, THEREFORE, the City Council of Poway does hereby resolve, order and determine the following: Section 1: That participation by this City in the workers compensation self-insurance and loss-pooling program of Southern California Joint Powers Insurance Authority is hereby authorized commencing October 1, 1982. Section 2: That an initial annual deposit premium for such program $129,760 and a loss retention of $50,000 per claim are approved. Section 3: That the City Manager and the Director of Administrative Services are designated as representatives of this City for the purpose of liason with the Authority. Section 4: That this Resolution shall be effective immediately, and that the City Clerk is directed to forward a certified copy thereof to Southern California Joint Powers Insurance Authority, 3662 Katella Avenue, Suite 207, Los Alamitos, California 90720. PASSED, ADOPTED AND APPROVED by the City Council of the City of Poway, California, at a regular meeting thereof this 28th day of September, 1982. Mary She rdson,/Mayor ATTEST: Marjori~ K. Wahlsten, City Clerk