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Res 1672 - CIS Withdrawal Notic COUNCIL BILL NO. 2377 RESOLUTION NO. 1672 A RESOLUTION GIVING CITY COUNTY INSURANCE SERVICES TRUST NOTICE OF POTENTIAL WITHDRAWAL FROM MEMBERSHIP IN THE SELF-INSURANCE POOL. WHEREAS, City County Insurance Services Trust (CIS) provides a self- insurance pool to local government entities, and WHEREAS, the City of Woodburn has secured general liability, auto liability and physical damage, and workers' compensation coverage through CIS for the period of July 1, 2001 through June 30, 2002, and WHEREAS, the CIS Trust by-laws provide procedures whereby participants with a one (1) full Fund Year membership may elect to withdraw from the CIS Trust at the close of said period, now, therefore, THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. That the City Administrator be authorized to send City County Insurance Services Trust formal notice of intent to potentially elect withdrawal from the CIS Trust for general liability, auto liability and physical damage, and workers' compensation insurance coverages effective July 1,2001. Approved as to Form:~'~ ~ City Attorney -g ~ 22- 2002.. Date APPROVED: RIC R Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder ATTEST (Y)~ ~~ Mary Te~ant, Recorder City of Woodburn, Oregon March 25, March 25, March 25, March 25, 02 2002 2002 2002 Page 1 - COUNCIL BILL NO. 2377 RESOLUTION NO. 1672 .. 11 111 ,