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HomeMy WebLinkAboutReso 2015-095 RESOLUTION N0. 2015-09� RESOLliTIOi�' OF THE CITY COUNCIL OF THE CITI' OF CHULA VISTA COI�'SEI�'TII�G TO THE TERI�4I�'ATION OF THE SAI�' DIEGO COUI�'TY CITIES JOII�TT POV�'ERS AGREEh4ENT FOR RISK A9AI�'AGEMENT SERVICES AI�'D RELATED II�'SURA?�'CE COVERAGES CREATIIvG THE SAI�7 DIEGO POOLED II�'SURANCE AUTHORITY FOR MLTI�'ICIPAL EI`'TITIES (SANDPIPA) EFFECTIVE NLY ]; 2016 AI�'D ASSOCIATED AMEt�'DMENTS TO THE JOII�'T POWERS AGREEEMEI�'T AND AUTHORIZING THE MAYOR TO EXECUTE AI�'Y DOCUMENTS REQUIRED TO COI�TFIRI�� AND IMPLEMEI�'T THESE ACTIONS ��'HEREAS_ the Citv is a member of a joint po���ers authorin, the "San Dieeo Count�� Cities Joint PoN�ers Aereement for Risk Manasement Sen�ices and Related Insurance Co��erases Geatine the San Diego Pooled Insurance Authorit�� for A4unicipal Entities' (SANDP[PA); and WHEREAS. the SAi�IDPIPA Board; representine the member aQencies, has determined that it is in the best interest of S.Ai\'DPIPA members and in the public interests that SANDP[PA should be terminated. and its assets distributed to members and in the public interesu that SAI�'DPIPA should be terminated, and its assets distributed to members per the Joint Po���ers ;Agreement. I�'OVd; THEREFORE; BE IT RESOLVED by the Cit}� Council of the Cit�� of Chula Vista, that it consents to the termination of the San Dieeo Countv Cities Joint Po«�ers Authorin� (SAI�'DPIPA) for Risk Manaeement Sen�ices and Related Insurance Co��eraees per Article 2� of the Joint Pow�ers Aereement, effecti��e July l, 2016, ��ith SANDPIPA to continue to exist for the purpose of disposine of all claims. distribution of assets, and all other functions necessan� to wind up the affairs of the Authorin�. BE IT FURTHER RESOLVED b�� the Cit�= Council oFthe Cin� of Chula Vista. that it hereb�� agrees to an amendment of the Joint Po�vers Agreement. substitutine "the Boazd of Directors" for "The Eaecuti��e Committee" in Article 2�. paraeraph B, of the Joint Powers Aereement, so that po�iers of the Authority for purposes of �vinding up and dissol��ine the business affairs of the Authorit�� N�ill be ��ested with the Board of Directors. BE IT FURTHER RESOLVED. b�� the Citv Council of the Ciri� of Chula Vista, that it aerees to an amendment of the Joint Poti�ers Agreement in Article 2�, paraeraph A, adding "distribution of di��idends." afrer "disposing of all claims," so that the Board of Directors is expressly authorized to continue to distribute dividends: in accordance �i�ith the "plan document" referenced in Article 26, during the period of winding up and dissolvine the business affairs of the Authorit��. The follo���ing language is added to Section 2�, paragraph A: "Vl'ithdra�m or cancelled members aze entitled to participate in di��idend distribution afrer accountine for their Board determined share of administrati��e eapenses." Resolution No. 201�-09� Pa�e No. 2 BE IT FURTHER RESOLVED, by the City Council of the Cit}� of Chula Vista, that it authorizes the Mayor to erecute any documents required to confirm and implement said termination and amendments. Presented by Approved as to form by - �. � .� Courtney T . B rrett len R. G ogins Director of an Resources C�y-Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this �th day of May 2015 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, McCann, Miesen and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None � ��� Mary las, Mayor ATTEST: �. Donna R. Norris,�C 1C�,Ciiy Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) L Donna R. Norris; City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2015-09� was duly passed, approved, and adopted by the City Council at a reeular meeting of the Chula Vista Citv Council held on the Sth day of May 2015. Executed this �th day of May 20]�. Donna R. Norris, C C, City Clerk