Laserfiche WebLink
City of San Leandro <br />Meeting Date: May 7, 2012 <br />Staff Report <br />File Number: 12 -207 Agenda Section: CONSENT CALENDAR <br />Agenda Number: <br />TO: City Council <br />FROM: Chris Zapata <br />City Manager <br />BY: David Baum <br />Finance Director <br />FINANCE REVIEW: David Baum <br />Finance Director <br />TITLE: ADOPT: Resolution Approving the City of San Leandro's General Liability <br />Self- Insured Retention Level from $1,000,000 to $500,000 through the <br />California Joint Powers Risk Management Authority (approves decrease in <br />self- insured retention level effective July 1, 2012, based on the City's loss <br />history) <br />WHEREAS, the City of San Leandro currently has a $1,000,000 Self- Insured Retention <br />level through the California Joint Powers Risk Management Authority; and <br />WHEREAS, a request to reduce the level to $500,000 effective July 1, 2012 has been <br />presented to this City Council through the Finance Committee; and <br />WHEREAS, the City Council is familiar with the contents thereof; and <br />WHEREAS, the Finance Committee and the City Manager have recommended <br />approval of reducing the Self- Insured Retention level to $500,000. <br />follows: <br />NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br />That said $500,000 Self- Insured Retention level through the California Joint Powers <br />Risk Management Authority is hereby approved and execution by the City Manager is hereby <br />authorized. <br />City of San Leandro Page 1 Printed on 51112012 <br />