Resolution No. 3096-18 Hussmann Property Insurance1
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RESOLUTION NO. 3096-18
A RESOLUTION BY THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
CONSENTING TO ENTER THE JOINT PROTECTION PROGRAMS OF THE ASSOCIATION OF
CALIFORNIA WATER AGENCIES/JOINT POWERS AUTHORITY
WHEREAS, pursuant to the provisions of Section 990, 990.4, 990.9 and 6500 of the
Government Code, this District wishes to enter into an Agreement with various other
districts entitled "Joint Powers Agreement: Creating the Association of California Water
Agencies/Joint Powers Insurance Authority" (the Authority), for the purpose of
participating in the Joint Powers Insurance Authority created hereby, which since its
formation has provided for and administered joint protection programs as more fully set
J forth in said Agreement; and
WHEREAS, said joint protection programs offer significant advantages to this
District in terms of cost, liability protection, property protection, workers' compensation
protection, and services and entering such programs, on the conditions hereinafter set
' forth, appears to be in the best interest of the District.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the South Tahoe
Public Utility District:
Section 1. That South Tahoe Public Utility District (District) hereby consents
pursuant to the above-mentioned Joint Powers Agreement, and the Resolutions and
Policies enacted in implementation of such Agreement, to enter said joint powers
I programs.
Section 2. That the District hereby elects to join the Liability Program sponsored
by the Authority effective December 31, 2018, at 12:01 a.m.
Section 3. That the District hereby selects $20 million as its Retrospective
Allocation Point (RAP) for the first partial year of participation under the Authority's cost
allocation formula for liability of Dam Failure Liability.
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Section 4. That the Treasurer/Chief Financial Officer of this District is hereby
authorized to pay to the ACWA/Joint Powers Insurance Authority its first deposit
premium.
Section 5. That the Secretary/Clerk of the Board of Directors of this District is
directed to certify a copy of this Resolution and to forwards the same Resolution and
the signed Joint Powers Agreement promptly by mail to the Association of California
Water Agencies/Joint Powers Authority, P. O. Box 619082, Roseville, California, 95661, at
which time coverage will commence at 12:01 a.m. on the 31 st day of December, 2018.
WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
Resolution No. 3096-18 was duly and regularly adopted and passed by the Board of
Directors of the South Tahoe Public Utility District at a regular meeting held on the 1 st
day of November, 2018, by the following vote:
AYES: CEFALU, JONES, VOGELGESANG, SHEEHAN
NOES: NONE
ABSENT: WALLACE
I ATTEST:
I � � � Ed My
Melonie Guttry, Clerk of the Board
South Tahoe Public Utility District
Resolution No. 3096-18
November 1, 2018
Page 2
Randy Vogelgesang, Board President
South Tahoe Public Utility District