Res 1394 - CIS w/d Self Ins Poo
COUNCIL BILL NO. 1767
RESOLUTION NO. 1394
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 CIS Trust by-laws provide that participants
in the insurance program adopt a resolution calling for a 3-year
membership, and
WHEREAS, the CIS Trust by-laws also provide procedures
whereby participants may elect to withdraw from the CIS Trust prior
to the end of the membership period, now, therefore,
THE CITY OF WOODBURN RESOLVES AS FOLLOWS:
Section 1. That the City of Woodburn hereby ratifies a
letter sent by the City Administrator on December 24, 1996 to the
CIS Trust giving them formal notice of intent to potentially elect
early withdrawal from the CIS Trust for insurance coverages
effective July 1, 1997. A copy of said letter is attached thereto
and by this reference incorporated therein.
Approved as to
Form]1.~ ~
\-1-41-
City Attorney
Date
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APPROVED>;/:!
NANC
13, 1997
Passed by the Council
Submitted to the Mayor
January 15, 1997
January 15, 1997
Approved by the Mayor
Filed in the Office of the Recorder
January 15, 1997
ATTEST
fVl ~+
Ma~ennant, Recorder
City of Woodburn, Oregon
Page 1 - COUNCIL BILL NO. 1767
RESOLUTION NO. 1394
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CITY OF WOODBURN
270 Montgomery Street . Woodbum, Oregon 97071 · (503) 982-5222
TDD (503) 982-7433 · FAX (503) 982-5244
December 24, 1996
Richard Egan
Program Administrator
City/County Insurance Services
1212 Court St NE, Suite 301
Salem, OR 97301
Dear Mr. Egan:
Pursuant to applicable Trust bylaws, this letter serves as formal
notice to City/County Insurance Services that the City of Woodburn
may elect early withdrawal from the CIS Trust for the following
coverages: Liabili ty, Auto Physical Damage, and Workers'
Compensation.
A City of Woodburn council resolution will follow retroactively
ratifying this notice of intent. We hope that CIS will remain
competitive and that such early withdrawal will not become
necessary.
Sincerely,
~~
Chris Childs
City Administrator
cc: City Recorder
City Attorney
Huggins Ins.
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