HomeMy WebLinkAboutRes 0874 - Feasibility Study on Puget Sound Insurance Authority to Self InsureCITY OF TUKWILA
WASHINGTON J
RESOLUTION NO. 874
A RESOLUTION OF THE CITY OF TUKWILA, WASHINGTON,
AUTHORIZING THE EXPENDITURE OF CITY OF TUKWILA
FUNDS TO STUDY THE FEASIBILITY OF ITS PARTICI-
PATION IN THE PUGET SOUND CITIES INSURANCE AUTHOR-
ITY TO JOINTLY SELF INSURE ITS GENERAL LIABILITIES.
WHEREAS, the cost, availablilty and adequacy of insurance
coverage for cities is a concern to the City of Tukwila, and
WHEREAS, joining together with other cities for joint self
insurance and /or joint purchase of insurance coverages is an alterna-
tive to conventional insurance purchase and claim procedures, and
WHEREAS, the City of Tukwila is interested in obtaining
information regarding its participation in the Puget Sound Cities
Insurance Authority, and
WHEREAS, it is recognized that determining the feasibility
of the City of Tukwila participating in PSCIA can be best determined
through an evaluation by PSCIA of the City's management activity and
loss and exposure activity, and
WHEREAS, the City recognizes that payment of a fee to PSCIA
to conduct an evaluation study is a necessary step to ensure a timely
and complete review of its possible participation.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA,
WASHINGTON, DO RESOLVE AS FOLLOWS:
1. The City of Tukwila desires PSCIA to perform the
necessary evaluation study to assist it in determining the feasibility
of the City participating in PSCIA's joint self insurance pool.
2. That any funds paid by the City of Tukwila to PSCIA will
be considered a non refundable study fee for initial evaluation of the
City participating in PSCIA.
3. The amount of $3,000 shall be paid to PSCIA as an evaluation
fee by the City of Tukwila. This fee shall be paid to Puget Sound Cities
Insurance Authority, c/o Tim McGuire, Authority Treasurer, P.O. BOX "B,"
Lacey, WA 98503.
PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON,
at a regular meeting thereof this 18th day of July 1983
Approved as to Form
City Attorney daniel D. Woo
Mayor Gary Van Dusen
City Clerk maxine Anderson