Rancho Palos Verdes City Council
   

APRIL 18, 2006 APPROVAL OF MEMBERSHIP FOR THE CITY OF BELVEDERE IN CALIFORNIA JPIA APRIL 18, 2006 APPROVAL OF MEMBERSHIP FOR THE CITY OF BELVEDERE IN CALIFORNIA JPIA
APRIL 18, 2006 APPROVAL OF MEMBERSHIP FOR THE CITY OF BELVEDERE IN CALIFORNIA JPIA


TO: HONORABLE MAYOR & MEMBERS OF THE CITY COUNCIL

FROM: ASSISTANT CITY MANAGER/CITY CLERK

DATE: APRIL 18, 2006

SUBJECT: APPROVAL OF MEMBERSHIP FOR THE CITY OF BELVEDERE IN CALIFORNIA JPIA

RECOMMENDATION:

Authorize the City Manager to notify the California Joint Powers Insurance Agency that the City approves the City of Belvedere as a new member.

DISCUSSION:

The California Joint Powers Insurance Authority (CJPIA) is the City’s insurance carrier for general liability and Workers’ Compensation. The CJPIA Executive Committee has recommended approval of the City of Belvedere for membership in the Agency. The CJPIA is requesting that each member agency cast a vote either in favor or in opposition to this recommendation by April 24, 2006.

The City of Belvedere is a small residential community of less than one square mile located in Marin County in Northern California. With a population of 2,125, the city’s development consists primarily of single-family residences and a few rental units. There is little commercial property and no industrial areas within the city’s boundaries.
If accepted for membership, the city’s annual primary deposit for the General Liability Program is $43,341. The primary deposit for the city’s participation in the Workers’ Compensation program is $41,238, with an additional deposit of $693 to the Workers’ Compensation excess pool.

In its Initial Risk Management Evaluation, the CJPIA found that the city qualifies for consideration for membership; that agency membership will benefit the city by providing reliable and economical coverage; and that membership will be advantageous to the CJPIA by expanding it ability to spread pooled losses and costs.

Respectfully submitted:

Carolynn Petru
Assistant City Manager/City Clerk

Reviewed:

Les Evans
City Manager

Attachment:

CJPIA Membership Package – City of Belvedere