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83-055 - WA Cities Insurance Authority (WCIA)
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1978-1991 Interlocal Agreements
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83-055 - WA Cities Insurance Authority (WCIA)
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Last modified
12/1/2011 11:38:57 AM
Creation date
10/4/2010 8:58:07 AM
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Interlocal Agreements
Contract No (example 17-139)
83-055
Contractor (example *sabey*)
WA Cities Insurance Authority WCIA
Description (example *tourism*)
WCIA Insurance Policy
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<br />WCIA Interlocal A 9 reementctober 1, 1991 <br />INTERLOCAL AGREEMENT <br />CREATING THE WASHINGTON CITIES <br />INSURANCE AUTHORITY <br />THIS AGREEMENT is made and entered into in the State of Washington by and among <br />the municipal corporations organized and existing under the Constitution or laws of the State of <br />Washington, hereinafter collectively referred to as "Member Cities" or "Cities and individually <br />as "Member City" or "City" which are parties signatory to this Agreement and listed in <br />Appendix A, which is attached hereto and made a part hereof Said Cities are sometimes <br />referred to herein as "parties" <br />RECITALS <br /> <br />Page 1 <br />WHEREAS, Ch. 48 62 RCW provides that two or more local governmental entities may, <br />by interlocal agreement, jointly purchase insurance, jointly self insure, and /or jointly hire risk <br />management services for any authorized purpose by any one or more of certain specified <br />methods, and, <br />WHEREAS, each of the parties to this Agreement desires to join together with the other <br />parties for the purpose of pooling their self- insured losses and jointly purchasing excess <br />insurance and administrative services in connection with a Joint Protection Program for said <br />parties, and, <br />WHEREAS, it appears economically feasible and practical for the parties to this <br />Agreement to do so, <br />NOW, THEREFORE, for and in consideration of all of the mutual benefits, covenants <br />and agreements contained herein, the parties hereto agree as follows <br />ARTICLE I <br />Definitions <br />The following definitions shall apply to the provisions of the Agreement: <br />(a) "Authority" shall mean the Washington Cities Insurance Authority created by this <br />Agreement. <br />(b) "Board of Directors" or "Board" shall mean the governing body of the Authority <br />(c) "Claims" shall mean demands made against the Authority arising out of <br />occurrences which are within the Authority's Joint Protection Program as developed by the <br />Board of Directors. <br />(d) "Excess Insurance" shall mean that insurance purchased on behalf of the <br />Authority to protect the funds of the Authority against catastrophes or an unusual frequency of <br />losses during a single year <br />
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