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HomeMy WebLinkAboutR-11570 approving an increase to the Self-Insured Retention Limit within the California Joint PowersR 11570 RESOLUTION NO. 11570 (2025 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, APPROVING AN INCREASE TO THE SELF- INSURED RETENTION LIMIT WITHIN THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY’S LIABILITY EXCESS INSURANCE PROGRAM WHEREAS, the City of San Luis Obispo became a member of the California Joint Powers Insurance Authority (CJPIA) in 2004 for participation in the General Liability Primary Insurance Program; and WHEREAS, the City of San Luis Obispo entered CJPIA’s General Liability Excess Protection Program (EPP) in FY 2016-17 with a Self-Insured Retention (SIR) level of $500,000; and WHEREAS, CJPIA’s EPP allows members to select an SIR that best fits their claims experience and ability to appropriately self-insure; and WHEREAS, increasing the City of San Luis Obispo’s SIR limit to $1,000,000 will likely reduce insurance costs when compared to an SIR of $500,000; and WHEREAS, the City of San Luis Obispo’s current Memorandum of Coverage delegates claim settlement authority to CJPIA and the City desires for that to continue; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. General Liability coverage for the City of San Luis Obispo through the Excess Protection Program of the California JPIA (EPP) with an SIR of $1,000,000 is hereby authorized and directed effective July 1, 2025. SECTION 2. The City Manager or their designee is authorized to execute an agreement with Carl Warren and Company in a form subject to the approval of the City Attorney for third party administration services for the general liability EPP, and any other documents required for participation in and administration of the general liability EPP. SECTION 3. Appropriate officers of the City of San Luis Obispo are authorized to pay the annual member contribution for the Excess Protection Program (EPP) to the California JPIA. SECTION 4. The City Manager or designee shall work with CJPIA to fund the appropriate trust accounts to ensure claim settlement amounts within the SIR are available. SECTION 6. The City Manager or designee is authorized to act as the City’s “Authorized Representative” for compliance with “Medicare, Medicaid, SCHIP Extension Act 2007” Section 111. Docusign Envelope ID: 9FB87CB9-AC00-4A65-B1C6-5F39D73B33B9 Resolution No. 11570 (2025 Series) Page 2 R 11570 SECTION 7. The City Clerk shall certify the adoption of this resolution. Upon motion of Council Member Francis, seconded by Council Member Boswell, and on the following roll call vote: AYES: Council Member Francis, Boswell, Marx, and Vice Mayor Shoresman NOES: None ABSENT: Mayor Stewart The foregoing resolution was adopted this 3rd day of June 2025. ___________________________ Vice Mayor Michelle Shoresman ATTEST: ______________________ Teresa Purrington City Clerk APPROVED AS TO FORM: ______________________ J. Christine Dietrick City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on ______________________. ___________________________ Teresa Purrington City Clerk Docusign Envelope ID: 9FB87CB9-AC00-4A65-B1C6-5F39D73B33B9 6/11/2025 | 7:19 AM PDT CERTIFICATION I, Teresa Purrington, City Clerk, do hereby certify under penalty of perjury the foregoing instrument to be a full, true, and correct copy of Resolution No. 11570 (2025 Series), adopted by the San Luis Obispo City Council on June 3, 2025, now on file in my office. WITNESS MY HAND AND THE SEAL OF THE CITY OF SAN LUIS OBISPO. DATED: June 4, 2025 Teresa Purrington City Clerk City of San Luis Obispo Docusign Envelope ID: 9FB87CB9-AC00-4A65-B1C6-5F39D73B33B9