HomeMy WebLinkAboutCC Resolution 7352 (Joint Powers Insurance Authority)RESOLUTION NO. 7352
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN RAFAEL AUTHORIZING PARTICIPATION IN THE
CALIFORNIA JOINT POWERS INSURANCE AUTHORITY
WHEREAS, the San Rafael City Council has considered the
contract documents entitled Joint Powers Agreement Creating
California Joint Powers Insurance Authority; and
WHEREAS, a complete and true copy of said Agreement is
attached as Exhibit "A"; and
WHEREAS, the City's participation will be effective on
12:01 AM, June 1, 1986; and
WHEREAS, it is in the best interest of the City of San
Rafael to become a part of said Agreement and to procure automobile
and general liability claims protection in the manner and for the
consideration provided for by the Agreement; and
WHEREAS, San Rafael will participate in Layers A through D
with $9,750,000 in excess of a $250,000 self-insured retention.
NOW, THEREFORE, BE IT RESOLVED by the San Rafael City
Council that the Mayor and City Clerk are authorized to execute the
agreement with the California Joint Powers Insurance Authority and
that the City Manager is hereby authorized and directed to implement
administrative procedures necessary for the operation of this
program.
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 on Monday , the 19th day of May ,
1986, by the following vote, to wit:
AYES: COUNCILMEMBERS: Breiner, Frugoli, Nave, Russom & Mayor Mulryan
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
JEA -M. LEONCINI, City Clerk
JOINT POWERS AGRS1f ENT
CRSATING THS
CutroRNIA oon" "W&M 2PRULU cs AMOA;TY
f w R
JOINT POWERS AGREEMENT
TABLE OF CONTENTS
ARTICLE I
CREATION OF THE CALIFORMIA JOINT POWERS INEURANCS AUTHORITY
ARTICLE II
PURpmal
9
ARTICLE III
DEFINITIONS
3
ARTICLE IV
PARTIES TO AGREEMENT
S
ARTICLE V
TERMS OF AGREEMENT
5
ARTICLE VI
POWERS OF THE AUTHORITY
6
ARTICLE VII
MEMBER ENTITY RESPONSIBILITIES
6
ARTICLE VIII
BOARD OF DIRECTORS
7
ARTICLE IX
MEETINGS AND RECORDS
9
ARTICLE X
OFFICERS i EMPLOYEES
10
ARTICLE XI
FISCAL YEAR
11
ARTICLE XII
BUDGET
12
ARTICLE XIII
ANNUAL AUDIT AND AUDIT REPORTS
12
ARTICLE XIV
6STABLISHKENT AND ADMINISTRATION OF FUNDS
11
ARTICLE XV
DEPOSIT PREMIUMS
13
ARTICLE XVI
RETROSPECTIVE PREMIUM ADJUSTMENTS
13
ARTICLE XVII
POOLED COVERAGE PROGRAMS
14
ARTICLE XVIII
NEW MEMBERS
14
ARTICLE XIX
WITHDRAWAL
15
ARTICLE XX
EXPULSION
16
ARTICLE XXI
EFFECT OF WITHDRAWAL OR EXPULSION
16
ARTICLE XXII
TERMINATION AND DISTRIBUTION
16
ARTICLE XXIII
NOTICES
17
ARTICLE XXIV
PROHIBITION AGAINST ASSIGNMENT
18
ARTICLE XXV
AMENDMENTS
16
ARTICLE XXVI
SEVERABILITY
is
ARTICLE XXVII
AGREEMENT COMPLETE
18
CILLIPORNIA JOINT POWERS rNEURNNCZ AUTHORITY
JOINT POWERS AGRiEIQl1'1'
This Agreement is mads by and asoag the undersigned public eatitLes, all
a which are public entities generally organised and operating ander the. Laws
of She MWte of Calitoacaia or public eneities speoiiioallr or9aoised and
operating under Section 6507 of the California Ooteroment Code and related
provisions of law which authorise the creation and operation of governmental
joint powers authorities under California Law.
RECITALS
I. The following state laws, among others, authorise the Member
iatities to enter into this agreements
A. Labor Code Section 3700(b) allowinq a local public entity to
lucid its own workers' compensation clataat
an Government Code sections 989 and 990, and Zducatioa Code
Section 15602, permitting a local public entity to insure itself against
liability and other lossesi
C. Government Code Section 990.6 permitting a local public
entity to provide insurance and Self-insurance in any desired cambiaatical
D. Government Code Sections 990.8 permitting two or more local
public entities to enter into an agreement to jointly fund such expenditures
under the authority of Government Code Sections 6500 - 651SI Sad
E. Government Code Section 6500 - 6515 permitting two or more
local public entities to jointly exercise under an agreement any power which is
coon to each of them.
11. Each of the parties to this Agreement desires to join together with
the other parties for the purposes Of
A. Developing effective risk management program to reduce the
amount and frequency of their losses
s. Pooling their self-insured loss"I and
C. Jointly purchasing wwass insurance d administrative
services in connection with any of the Pooled Coverage Pzpgrams for said
par"" .
IM, The governing board of each undersigned public entity has
determined that it is in its own best interest and in the public interest that
this present Agreement be executed and that it shall partioipate as a member of
the public entity created by this Agreement.
Now, therefore, the undersigned, by, between and among tbemsali►es, in
consideration of the mutual benefits, promises and agreements set forth below,
'%ereby agree as follows i
ARTICLE I
CREATION OF THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY
Pursuant to Article 1, Chapter 5, Division 7, Title 1 of the Government
Code of the State of California (commencing with Section '6500), the parties
hereto hereby create a public agency, separate and apart from the parties
hereto, to be known as the California Joint Powers Insurance Authority,
hereinafter called the Authority.
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ARTICLE II
PURPOSES
This Agreement is entered into by Member Entities pursuant to the
provisions of California Government Code Section 990, 990.4, 990.8, and 6500 at
-'I-
s.!� in order too
A. Develop effective risk managemant programs to reduce the amount and
frequency of their loss" I
s. To share the risk of self-insured loss"i and
C. Jointly purchase excess insurance and administrative and otW
services including, but not limited too claims adjusting, data processing# risk
management, loss prevention and legal services is connection ritb any of the
Pooled Coverage Programs for said parties. These purposes shall be
accomplished through the exercise of the powers of the Member entities jointly
in the creation and operation of the Authority.
It is also the purpose of this Agsesaant to Provide, to Chs extant
permitted by laws for the inclusion at a subsequent date of such additional
Public entities organised and existing under the Constitution or laws of tba
Late of California as may desire to booms parties to this Agreement and
members of the Authority, subject to ARTICLS YYIII.
It is also the purpose of this Agreement to Provide for the removal of
Member sntitias for cause, or upon request.
ARTICLE III
DEFINITIONS
Unless the context otherwise requires the following terms shall be
defined as herein stateds
A. 'Adjusted Deposit Premium' shall mean the assount determined
retrospectively by the Board as each Member entity's share of losses, reserves,
axpanaas and interest income for each Program Year of each Program of the
N.uthority l
B. 'Authority' shall mean the California Joint Powers Inauranos
athority created by this Agreements
C. "3oard• or 103oi►rd of Uroators• shall yea the goveraiog body Of
he Authority)
D. "Charter Members" shall mean those Member Entities executing this
greemant on or before January 31, 19861
E. "Claims" shall mean demands made against tkW;Aamber Zntities Or the
uthority arising out of occurrences which aro within the Authority's pooled
overages as determined by the Board;
Ire "Covered Loss" shall mean any loss resulting from a claim Or Claims
6gaLnst a Neaber tntity or the AuthorLty Mhlroh is LA excess e9 its seapeo%Lve
self-insured retention, and is pooled by the Authority)
G. "Deposit Pramium" shall mean the estimated amount detarmined by the
bard for each Member Entity necessary to fund each Program Year of each
gram of the Authority
H. "Excess Insurance' shall mean that insurance purchased by the
Authority to cover losses in excess of the Authority's pooLSI
Z.
"Incurred Loss" shall mean the sun of monies paid and reserved by
the Authority to investigate, defend and satisfy a Covered Loss sustained by a
MKnmher Entity or the Authorityi
J. "Associate Members" shall be those Member Entities executing this
Agreement attar January 31, 19861
X. "Mamber Entity" shall mean any of the public entities which are a
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party to this Agreement
L. 'Program Year" shall mean a period of time determined by the Board,
usually 12 months, into which each Program shall be segregated for ease in
'Ntermining Deposit Premiums, Incurred Losses, Adjusted Deposit Premiums and
Retrospective Premium Adjustmentsy
N. "Pooled Coverage Programs" shall inOlude but not bs kilted to
,_,toperty, workers' compensation, and liability ooverages as may be determined
. by the hoard from time to times and
11. "Astrospective Premium Adjustment" shall mean the amount oeaessary
to periodically adjust the Deposit Premium, to reflect the estimated changes JLo
each Number Nntity's share of losses, rsse"res, e3CPSWOR and interest inoomm
for each Policy Year of Nash Program of the Authority.
ARTICLE IV
PARTIES TO AGREEMENT
mach party to this Agreement certifies that it intends to, and does
contrast wLth, all other parties who ars signatories of this &Wesa nit and, La
addition, with such other parties a• may later be added as parties to, and
-ignatories of, this Agreement pursuant to AXTICIX YVIZI* each party to this
Agreement also certifies that the deletion of any party from this agreement,
pursuant to ARTICLi XIX or IOC, shall not affect this Agreement nor the
remaining parties' intent to contract as described above with the other partial
to the Agreement then remaining.
ARTICLE V
TERM OF AGREE
This agreement shall become effective as of the data hereof and shall
continue in lull force until terainated in accordance with AMTICLs XXII.
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MCICLZ V1
POUTERS OF TUX AUTHORITY
The Authority is authorised, in its own name, to do all act& necessary to
fulfill the purposes of this Agreement referred to in AWZCii iS iacluding, but
eot,ligated to each of the following$
As Make and enter into contracts#
Be Incur debts, liabilities and obligational but so debt, liability or
obligation of the Authority is a debt, liability or obligation of any intity
which is a party to this Agreement, sxospt u otherwise provided by ARTZCLii
XXX and XXIIi
Co Acquire, hold or dispose of real and personal propertyp
D. Receive contributions and donations of property, funds, 'services
and other forms of assistance from any sources ,
Z. Sus and be sued in its own name;
to Employ agents and employees)
G. Acquire, construct, manage and maintain buildings
Be Lease real or personal property including that of a Member :nt.Ltyl
and
I. Receive, collect, invest and disburse gonias:
These powers shall be exercised in the manner provided by applicable law
and as expressly set forth in this Agreement.
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ARTICLE VII
ME1MER ENTITY RESPONSIBILITIES
The Member Entities shall have the following responsibilitest
As To cooperate fully with the Authority in determining the cause of
losses and in the settlement of claims, as defined in the coverage agreemeat,
Be TO pay Deposit Premivas, and any adjustments thereto, promptly to
Je Authority when dust
C. To provide the Authority with such statistical and loss experisaoe
lata and other information as may be necessary for the authority to oarry out
the purposes of this Agreemant► and
D. To cooperate with and assist the Authority and any insurer, Claims
kdjuster or legal counsel retained by the Authority, in all matters relat"q to
this Agreement and to comply with the Bylaws and all Policies and Procedures
kdopted by the Board.
AFCICLS VIII
BOARD OF DIRECi'ORS
There shall be a Board of Directors to govern the affairs of the
%thority. Until February 1, 1966, the Board of Directors of the Califoraia
Association of Joint Powers Authorities shall serve as the Authortty's Board.
Thereafter, the number of Directors shall be throe more than the number of
Charter Msmbers.and shall be elected as specified in this AATICLi.
BOARD OF DIRECTORS-POWM
The powers of the Board shall be all of the powers of the Authority not
specifically reserved to the Member Entities by this Agreement.
The Member Entities hereby retain the following powerst
A. The election of the Board of Directors as specified in this
ARTICLEI
B. The expulsion of Member Entities as specified in ARTICLZ SOC►
C. hpproval of amendments to this Agreement as specified is ARTICLR
Y]N I and
D. The rejection of Member entities from participation is layars of
„filed coverages as specified in MUICLZS xvlZ and 7NZZZ.
BOARD Of DIRECTORS-APPOINTMENTS/ZLZCTIONS
rho board of Directors shall be appointed or elected in the following maneri
.7
A. tach Charter plesber shall appoint one dirsctft to the Board of
Directors. An alternate director may also be appointed, and if so appointed,
shall have all of the powers of the director in the absence of the direstor.
a. The remaining vacancies on the board of Directors shall be filled
by the Associate Members in the following manners
1. each Associate Member may place a representative in nomination for
the board.
2. each Associate Member shall cast its weighted vote for the
ndidata of its choice. The weighted vote shall be determined by giving one
vote par million dollars of Workers• Compansation payroll for the program Year
just ended, rounded up to the next higher million dollars.
3. The three candidates receiving the most votes shall be elected for
two year taus.
No Member Entity shall have more than one representative on the Board of
Directors.
The unexcused absence, as determined by the board, of any director
representing the Associate Members from two consecutive mestings of the board
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shall be cause for removal of said Director and such removal shall create a
vacancy on the Board.
The Board shall have the power to fill, until the next meeting of the
umber Entities, any vacancies that occur within the Directors representing the
Assoicate Members.
J
ARTICLZ IX
MFETINGS AND RWORDR
Member Meetings
The Member Entities shall hold at least one regular meeting each year, at
rhioh time the Associate Members shall elect the appropriate number Of cave
Board Members as specified in ARTICLE VIII. Absentee ballots shall be an
acceptable form of voting for Board Members. The board shall fix the date,
hour and place at which each regular meeting is to be held and the ioard
President shall preside at all meetings of the Member antitiss. Bpodial
meetings may also be called upon written request by the President or at least
one-third of the Member Entities. Notice of special meetings shall be
delivered personally or by mail to each Member Entity at least 7 days before
is time of such meeting.
board Mestingn
The board shall hold at least one regular maetinq each year. The aoard
0
shall fix the date, hour and place at which each regular seating is to be
hold. The General Manager/Secretary may request special meetings as needs
dictate. Special meetings may also be called upon written request by, the
President or at least one-third of the Board. Notice of such special meetings
shall be delivered personally or by mail to each Board member at least 24 hours
before the time of such meeting.
Each meeting of the Member Entities and the Board, including, without
limitation, regular, adjourned regular and special meetings, shall be called,
oticed, held and conducted in accordance with the Ralph X. Brown Act (section
54950 at. seq. of the Government Cods).
The General Manager/secretary shall keep or have kept minutes of all
sgular, adjourned regular, and special nootings of the Member intitios and the
Board. As soon as possible of ter each Meeting, he shall have a oopr of the
minutes forwarded to each Member of the Board and to each Member =ntity.
As soon as practicable after the first masting 0� the Board* cad within
the first twelve months of the Authority's existence, tbj Board shall cause
Bylaws and Adainistrativs Policies and Froceduras Manual to be developed, which
are not inconsistent either with applicable law or with this Agreement, to
govern the day-to-day operations of the Authority. tach Board member and each
Member Entity shall receive a copy of any Bylaws and Administrative Policies
and procedures manual developed under this ARTICLZ. Thereafter, the board may
adopt additional Bylaws and Administrative Policies and procedures or change
axisting ones no long as they shall be and remain consistent with both
iplicable law and with this Agreement. The General Manager/Secretary shall
promptly send to each Board member and to each Member Entity each Bylaw
amendment and Administrative Policy and Procedure change promptly after its
adoption by the Board.
No business may be transacted by the Board or the Member Entities without
a quorum of their respective members being present. A gdorum shall consist of
a majority of their respective members. A majority of the mambers present crust
vote in favor of a motion to approve it, except as otherwise provided in this
Agreement. The Board and the Member Entities shall conduct their business in
accordance with Roberts Rules of order.
ARTICLE X
OFFICERS G EMPLOYEES
The Officers of the Authority shall be the President, Vice President,
General Manager/Secretary, Treasurer and Auditor/Controller. The President and
Vice -President shall be elected by the Board from among its own members at its
rat meeting. The term of office for President and Vice President shall be
two years. The President and Vice President shall assume the duties of their
affices upon election. 'if either the President or Vice -President ceasaa to be
L sas"r of the Board, the resulting vacancy shall be filled at the nosh
regular sooting of the Board held alter the vacancy occurs. ,
The General Manager shall be the Secretary and Chief hAniaistrative
)fficer of the Authority. The Board shall appoint the General X&nager/
secretary, the Treasurar, and the Auditor/Controllere however, the person
►ppointed as Auditor/Controller may not be the sane person that is appointed as
:he General Manager/secretary or as the Treasurer. Their responsibilities and
iuties shall be an defined in the Bylaws and as assigned by the Board. The
Board say appoint such other officers and employees and may contract with such
-sons or firms as it considers necessary to carry out the purposes of this
►greeaent.
Any Member Entity which agrees to have an employee or other
representative assigned duties pursuant to this ARTICLZ may be reimbursed by
rhe Authority for that individual's time or services rendered on behalf of the
kuthority, at the discretion of the Hoard. Any loss or liability arising out
)f the activities of such employee or other representative while carrying out
:he assigned duties shall be the responsibility of the Authority.
ARTICLE XI
FISCAL YEAR
The first Fiscal Year of the Authority shall be the period from the date
this Agreement through June 30, 1987 and subsequent Fiscal Years of the
►uthority shall end on June 30 of each succeeding year.
ARTICLZ 7LII
NUDc=T
The board shall adopt an annual budget not fat& than 90 days prior to
the beginning of each Fiscal Year.
ARTICta ]CIII
ANNUAL AUDITS AND AUDIT REPORTS
Financial Audit
The Auditor/Controller shall cause an annual financial audit to be made
vLsh respeet to all recaLpts, lisi+uAesranta* Sther bransaetisas Yd eiWiea
into the books by a Certified public Accountant, and a report of such finanoial
audit shall be filed as a public record with each of the Member WititLes, duoh
sport shall be filed no later than required by law. 7111 Costs of such
financial audit shall be paid by the Authority and shall be charged against the
Mamber Entities in the saws manner as all other adaministrative costs.
Claims Audit
The Board of Directors shall cause an annual claims audit to be made on each of
the Member Entities' claims prior to the annual retrospective calculations for
retrospective premium adjustments, and a report of such claims audit shall be
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filed as a public record with each of the Member Zntities. 111 Costs of Mob
claims audit shall be paid by the Authority.
ARTICLE xry
ESTA.HLISHMMIT AND ADMINISTRATION OF FUNDS
The Authority shall Y,e resronsible for t_he strict accountability of all
funds and reports of all receipts and disbursements. Zt will amply with all
_.zorisions of law relating to the subject, particularly Petition 6303 of the
California Government Code.
A11 of the funds of the Authority may be held in common and each trograa
Year of each Pooled Coverage Progran shall be a000uatsd for separately as a
full accrual basis.
The Treasurer shall receive, invest, and disburse funds only in
accordance with the procedures established by the board and in conformity with
applicable lay.
DEPOSIT PREMIUMS
The Deposit Premium for each Member Entity shall be in the same ratio as
,.hat Entity's Payrolls bear to the total Payrolls of all tntities pastiai,patint
in the same layer of each program in each Prograa Year. The Deposit Premiums
shall be billed to the Member Entities 30 days prior to the inceptions of
coverage, shall be due and payable at the inception of coverage and subject to
penalties and interest if not paid within 30 days thereafter. The board shall
have the authority to subsequently increase the Deposit Premiums prior to the
first Retrospective Premium Adjustment if, in its opinion, it should beoome
necessary.
ARTICLE XVI
RETROSPECTIVE PREMIUM ADJUSTMENTS
Retrospective Premium Adjustments shall be calculated at the conclusion
if each Program Year and annually thareaftar until all applicable claims are
finalized.
Retrospective Premium Adjustments for each program shall be made as
,Pcified is the Bylaws. .
ARTICLE XVII
POOLED COVERAGE PRDGRAMB
The pooled coverage for each Program shall be as specified is the
lylaws. Each Member Entity shall have the ability to determine whish programs
Lnd which layers within these Progrum it will participate in from year to year
kxcept
when rejected
by one
third or more
of
the Momber
Entities partiaipatiag
luring
the previous
year in
any layer of
any
Program in
which the Member intsty
riche■ to initiate participation and except as prohibited by A XCLi XZX. •aid
leterminations shall be exercised and coununicated in writing to the*Authority.
BLx, months prior to the inception of each Program's Policy Year.
KnICLZ XVIII
NEW MMXBERB
Prospective members may apply for participation in any of the Authority's
Programs at any time.
The Board shall review all new nember applications and determine which
■ntit.ies shall be accepted for participation in each layer of each of the
luthority's Programa, except when rejected by one third or more of the Member
Entities in any layer of any Program in which the prospective mambar applies to
?articipate.
Entities entering under this Article shall be required to pay their share
3f organizational expenses as determined by the Board, including those
^essary to analyze their loss data and determine their premiums.
Deposit Premiums for entities entering any program at other than the
,—sginninq of the Authority's Program Year, shall be prorated for the remainder
of the Program Year. ,
WITHDRAWAL
A. Any Member Zntity which eaters any layer of any Pooled Coverage
Prograa shall not withdraw from that layer for a three-year period acemexwing
with its entrance into said Prograa.
as A Member tntity which enters any Pooled Coverage Program shall not
withdraw from. that Program or as a party to this Agreement or the Authority for
a three-year period comencing with its entrance into said Program.
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C. After the initial three-year nonaancellable oo■ Ltment to any layer
f a Program, a Member Amity may withdraw from said layer only at the and of
said Program's Program Year, provided it has given the Authority a siu-smth
written notice of its intent to withdraw from said layer. A Member Entity Say
withdraw from a Program only upon its withdrawal from all of the layers of that
Program,. A Member Entity way withdraw as a party to this Agreement or the
Authority only upon its withdrawal from, all of the Authority's Programs.
D. Any Member Entity which withdraws as a participant of any Program
pursuant to Section C. of this ARTICLZ shall not be reconsidered for
participation in said Program until the expiration of three years tray the
Member Entity's withdrawal.
AMICLZ XY
=XPULS I Ott
The Authority may espel any Member utity as a participant is any program
or as a Member of the Authority by a two-thirds Grote of the Member iatities,
but.only for material breaches of this Agreement.
ARTICLZ XXX
K"ECT OT WITHDRAWAL OR ZXPULSIOM
The withdrawal or expulsion of any Member intity titer the inception of
its participation in any Program shall not terminate its responsibility toi
A. To cooperate fully with the Authority in determining the cause of
losses and in the sattlament of Claims, as defined in the oaverage agrsensat!
So To pay any Deposit PrmLva LAorsases nail Metreapee"" PseiLm
d3ustments determined by the board to be due and payable for each Program Yeas
of each ]Program in which it participated!
Co To provide the Authority with such statistical and loss esperieaoe
data and other information as may be necassary for the Authority to carry aft
the purposes of this Agreamant! and
D. To cooperate with and assist the Authority "d any insurer, claims
adjuster or legal counsel retained by the Authority, in all matters relating to
this Agrewwnt.
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ARTICLE XVII
TERMINATION AND DISTRIBUTION
This Agreement may be terminated any time during the first three
-oncancellable years by the written consant of all Huber Entities, and
thereafter by the written consent of three-fourths of the Member Entitiesi
provided, however, that this Agreement and the Av thority shall continua to
wrist for the purpose of disposing of all claims, distribution of assets and
-ell other functions necessary to wind up the affairs of the Authority.
Upon termination of this Agree"nt, all assets of the Authority shall be
distributed only among the parties that have been participants io its trograsis,
including any of those parties which previously withdraw pursuant to AWZCXM
XIX and XX of this Agreement, in accordance with and proportionate to their net
premium payments made during the tam of this Agreement. Ths board shall
determine such distribution within six months after the last pending claim or
loss covered by this Agreement has boon finally disposed of.
The board is vested with all powers of the Authority for the purpose of
concluding and dissolving the business affairs of the Authority. These powrs
shall include the power to require Member sntitiss, inoluding those which were.
Program participants at the time the claim ►rose or at the tiros the loss was
_ recurred, to pay their share of any additional amount of premium deemed
necessary by the board for final disposition of all claims and losses covered
by this Agreement.'
ARTICLE ]DCIII
NOTIMS
Notices to Member Entities under this Agreement shall be sufficient if
sailed to their respective addresses on file with the Authority. Noticss to
the Authority shall be sufficient if mailed to the address of the Authority as
contained in the Bylaws.
ARTICLE XXIV
PROHIBITION AGAINST ASSIGWXZNT
No Mevber entity way assign any right, olaia, or interest it my have
under this Agreament, and no creditor• assignea sr third party bww9Loiary of
AnY.Mamber Entity shall have any right, clalis or title to any part, abate,
interest, fund, premiud or asset of the Authority.
ARTICLE XXV
AMENDMENTS
This Agreement may be amended by a two-thirds vote of the Mambas Entities
of the Authority at any regular or special meeting of the Member Entities,
provided that any amendment is compatible with the purposes of this Agreement
and has been submitted to the Member Entities at least 90 days in advanoe. My
ueh amendment shall be effective immediately, finless otherwise dasignatod.
ARTICLE XXVI
SZVERADILITY
Should any portion, term condition or provision of this Agreement be
decided by a court of competent jurisdiction to be illegal or in conflict with
any law of the State of California, or be otherwise rendered unforeeable or
ineffectual, the validity of the remaining portions, teras, condition and
provisions shall not be affected thereby.
ARTICLE XXVII
AGREEMENT COMPLETE
The foregoing constitutes the :all and complete Agreement of the
parties. There are no oral understandings or agreements no set forth in
writinq herein.
IN WITNESS WHEREOF, the parties hereto have e,:ecuted this Joint
E:ercise of Powers Agreement by their duly autrlorized officers.
CITY OF SAN RAFAEL
ATTEST:
City rk
May 19, 1986
— ----------------
Mayor----
CALIFORNIA JOINT POWERS INSURANCE AUTHORITY
-'P resident
Secretary