HomeMy WebLinkAboutCC Resolution 8757 (Risk Management Policy)RESOLUTION NO. 8757
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SAN RAFAEL ESTABLISHING
A RISK MANAGEMENT POLICY
WHEREAS, the City of San Rafael is exposed to various risks of
loss resulting from occurrences involving disappearance, damage and
destruction of City -owned property and property of others, injury
to employees or others, dishonesty and unforeseen liabilities
imposed by law or assumed by contract; and
WHEREAS, the philosophy of the City is oriented toward
comprehensive public and employee safety, minimization or
elimination of risk to the greatest extent practicable, retention
of the remaining risk when feasible, and protection against
unpredictable loss by reasonable use of available insurance and/or
funding when there is a significant possibility of loss in excess
of the amount established as a reasonable self -retention; and
WHEREAS, to accomplish this objective, it is vital that a
strong risk management, safety and loss control program be adopted,
which can best be implemented by a safety consciousness and
awareness on the part of all management and personnel who work with
the City of San Rafael; and
WHEREAS, recognizing the need for a systematic and coordinated
approach to the handling of risk, the City of San Rafael has
established a risk management policy; and
WHEREAS, it is the objective of the City of San Rafael to
manage, control, minimize or eliminate risk, to the extent that its
residents and personnel can reasonably be protected from hazards,
and ensure that the financial solvency of the City not be
jeopardized, and that the City's resources be conserved.
NOW, THEREFORE, BE IT RESOLVED that the risk management policy
of City of San Rafael include the following provisions:
A. The appropriate principles of risk management shall be
applied at every management level for the purpose of:
1. Identifying and evaluating risk;
2. Avoiding or eliminating risk when practicable;
3. Minimizing, controlling or contractually
transferring risk to others where possible.
ORIGINAL Yow
B. Current funds shall be utilized without seriously
affecting the financial position of the organization.
C. The procurement of insurance, either through the
California Joint Powers Risk Management Authority or
independently, shall be based on the availability of
coverage at a reasonable cost and subject to the
practicalities applicable to the City's self-insurance
program and fiscally appropriate self -retention levels.
D. Upon approval of its recommendation by the City Manager,
the Property and Casualty Loss Committee shall have
settlement authority of liability claims up to $20,000.
All liability settlement proposals in excess of $20,000
shall be referred to the City Council. The Property and
Casualty Loss Committee shall also have the authority to
reject liability claims. The City Manager shall have
settlement authority of Workers' Compensation claims up
to $20,000.
I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby
certify that the foregoing resolution was duly and regularly
introduced and adopted at a regular meeting of the Council of said
City the 5th day of October 1992 by the
following vote, to wit:
AYES: COUNCILMEMBERS: Breiner, Cohen, Shippey, Thayer & Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
L. .
J M. LEONCiNI, City Clerk