Title
RESOLUTION NO. 2015-095 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA CONSENTING TO THE TERMINATION OF THE SAN DIEGO COUNTY CITIES JOINT POWERS AGREEMENT FOR RISK MANAGEMENT SERVICES AND RELATED INSURANCE COVERAGES CREATING THE SAN DIEGO POOLED INSURANCE AUTHORITY FOR MUNICIPAL ENTITIES (SANDPIPA) EFFECTIVE JULY 1, 2016 AND ASSOCIATED AMENDMENTS TO THE JOINT POWERS AGREEMENT, AND AUTHORIZING THE MAYOR TO EXECUTE ANY DOCUMENTS REQUIRED TO CONFIRM AND IMPLEMENT THESE ACTIONS
Body
RECOMMENDED ACTION
Recommended Action
Council adopt the resolution.
Body
SUMMARY
At its March 26, 2015, meeting, the SANDPIPA Board, representing the twelve member cities, determined that it is in the best interest of SANDPIPA members and in the interest of the public that SANDPIPA should be terminated and its assets distributed to members per the Joint Powers Agreement. This resolution will provide Chula Vista's consent to the termination of SANDPIPA effective July 1, 2016, and will allow SANDPIPA to continue to exist for the purpose of disposing of all claims, distributions of assets, and all other functions necessary to wind up the affairs of the Authority.
ENVIRONMENTAL REVIEW
Not applicable.
BOARD/COMMISSION RECOMMENDATION
Not applicable.
DISCUSSION
The City of Chula Vista has been a member of SANDPIPA since its inception in 1986. SANDPIPA was established to enable its members, all of which are San Diego County cities, to secure insurance coverage for their liabilities and for protection of property at economical rates. Based on payroll, the membership ranges in size with Chula Vista as the largest and Lemon Grove as the smallest.
The City's current coverage for tort liability claims consists of three layers of funding. The first layer is the City's self-insured retention, which is currently $500,000. The second layer of coverage is SANDPIPA's pooled layer, which is currently $2.5 million dollars. In this layer all of the SANDPIPA...
Click here for full text