HomeMy WebLinkAbout2009-02 CIS Trust Membership
RESOLUTION NO. 2009- OJ..
A RESOLUTION REGARDING MEMBERSHIP
IN THE CITY COUNTY INSURANCE SERVICES TRUST
RECITALS:
A. City County Insurance Services Trust (CIS) is a trust established by the league of
Oregon Cities (lOC) and Association of Oregon Counties (AOC) to create and
administer pooled retention funds to protect members against the financial
consequence of property, casualty, and workers compensation losses pursuant to
coverage agreements;
B. CIS provides its Members a broad array of risk management services, including risk
financing, loss prevention and loss control programs, claims management and legal
representation, risk management consulting, data gathering, information sharing,
training, and related services;
C. City of Ashland finds that membership in CIS is a benefit in managing the risks
involved in providing services to its citizens;
D. City of Ashland has been provided with copies of the CIS Trust Agreement, Bylaws
and Rules, which have been recently updated and revised;
E. The CIS Bylaws, at Articles 2.2.2 and 3.3 provide that Articles 2 and 3 of the bylaws
shall constitute a contract between the Member and CIS and that the Member shall
adopt a resolution acknowledging that contractual relationship.
THE CITY OF ASHLAND RESOLVES AS FOllOWS:
SECTION 1. The City of Ashland ("Member") does hereby acknowledge and agree that it
has received copies of the CIS Agreement and Declaration of Administrative Trust, Bylaws,
and Rules and accepts the terms and conditions therein with respect to any CIS coverage
programs in which it elects to participate and for which it is accepted as a Member by CIS.
SECTION 2. This resolution takes effect upon signing by the Mayor.
This resolution was read by title only in accordance with Ashland Municipal Code 9
2.04. 0 and duly P~D this .3 day of February, 2009.
Barbara Christensen, City Recorder .//
SIGNED and APPROVED this r day of -1dd.e;:
,2009.
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