1988-13 Authorizing the Execution of a Cooperative Participation Agreement Among Alaska Municipalities and School Districts Creating the Alaska Municipal League Joint Insurance Arrangement.KODIAK ISLAND BOROUGH
RESOLUTION NO. 88-13-R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY TO AUTHORIZE THE
EXECUTION OF A COOPERATIVE PARTICIPATION AGREEMENT AMONG ALASKA MUNICIPALITIES
AND SCHOOL DISTRICTS CREATING THE ALASKA MUNICIPAL LEAGUE JOINT INSURANCE
ARRANGEMENT.
WHEREAS, Alaska local governments and school districts have
generally been unable to procure adequate insurance coverage at reasonable
prices; and
WHEREAS, AS 21.76 enacted by the 1986 Alaska Legislature provides a
means for local governments and school districts to join together in a joint
insurance arrangement intended to mitigate the cyclical and erratic nature of
the conventional insurance market; and
WHEREAS, a not-for-profit Association is being established pursuant
to AS 21.76 by the Alaska Municipal League to provide risk management services
for Alaska municipalities, city and borough school districts and regional
education attendance areas; and
WHEREAS, this Association will provide pooling of risks,
self-insurance management, joint purchase of insurance, claims administration,
loss prevention and control, insurance defense and other related risk
management services on behalf of its members; and
WHEREAS, similar local government associations throughout the United
States have been able to assure insurance coverage& while obtaining
significant long term economic savings for their members due to the joint
buying power of the members, the non-profit tax-exempt status of the
Association, the pooling and investment of premiums paid, and risk management
services provided for members; and
WHEREAS, AS 21.76.010 provides that two or more local governmental
entities may enter into cooperative agreements for these purposes; and
WHEREAS. it is ngw S -1-o for- tent.-4al ^s..';Lr- of thl=
Association to express a formal commitment to become a member of the Joint
Insurance Arrangement and to make sufficient appropriations for annual
premiums and assessments for a three year term or until all payment
obligations have been satisfied as provided in a cooperative agreement among
i
the members of the Association.
MOW THEREFORE, BE IT RESOL"IED, by the Kodiak Island °orough Assent'..,
as follows:
Section 1. The Kodiak Island Borcugh Assembly hereby Lnci ares --
commitment
scommitment to become a member of the Alaska Iuricipal League .:oint :ns•arares
Association, organized pursuant to AS 21.76. By making shcs cc=itner.t tn_
Borough. Assembly hereby accepts and approves the bylaws c' the Asscc:atior, a
copy of which is attached hereto and incorporated by reference.
Section 2. The Kodiak Island Borough Assembly herehy arproves _
Cooperative Participation Agreement (hereinafter the "Agreement") among
municipalities, school districts and regional educational attendance area=_
creating the Alaska Municipal League Joint Insurance Association, a copy of
which is attached hereto and incorporated by reference. The Mayor is hereby
authorized and directed to execute said "Agreement" and such other documents
as may be necessary to effectuate participation of the Borough as a member of
the Joint Insurance Association.
Section 3. The Kodiak Island Borough Assembly pledges to appropriate
sufficient funds for annual premiums and assessments to enable the "Agreement"
to go into effect on July 1, 1988 and to remain in effect for a term of at
least three years or until all payment obligations have been satisfied.
Amounts payable to the Association, as encumbered by the "Agreement", shall be
classified as "operating expenses" and are subject to annual appropriation by
the Borough Assembly.
Section 4. The Kodiak Island Borough hods two options to withdraw from
the program as follows:
(1) Thirty days from receipt of the pre-Lminary quotes.
(2) Fifteen days from receipt of final quotes. Quotes should be
received by June 1st.
PASSED AND APPROVED THIS
Island Borough Assembly.
ATTEST:
Bp .L••C4-��..'
'Borough ark -
Resolution 88-13-R
Page 2
17 day of March ,1988 by the Kodiak
KODIAK ISLAND BOROUGH
By ..— ) lE ,
90 ough Mayor
By
1 Iding officer