HomeMy WebLinkAboutResolution 95-049 agreement to participate in the arizona municipal risk retention poolRESOLUTION NO. 95-49
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF MARANA, ARIZONA
APPROVING A CERTAIN AGRg~MENT BErwI~.~.N THE TOWN OF MARANA AND ~
STATE OF ARIZONA MUNICIPAL RISK RETENTION POOL, AN ARIZONA NON-
PROFIT CORPORATION ("MUNICIPAL RISK RETENTION POOL") ALLOWING THE
TOWN OF MARAlVA TO PARTICIPATE IN THE ARIZONA MUNICIPAL RISK
~ON POOL AND AUTHORIZING THE MAYOR OR THE MAYOR'S DESIGNEE
TO EXECUTE SAID AGREEMENTS.
WHEREAS, Arizona law permits two or more public agencies to enter into contracts or
agreements to pool retention of their risks for property and liability losses and to provide for the
payment of losses or claims of liability made against any member of the pool on a cooperative
or contract basis with another, and
WHEREAS, the Town of Marana desires to enter into an Agreement for the purpose of
participation in the Municipal Risk Retention Pool.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Town Council of the Town
of Mararia as follows:
1. The Town Council hereby approves the form of agreement between the Town of Marana
and the Municipal Risk Retention Pool that will become effective on September 1, 1995.
2. The mayor is hereby authorized to execute such agreements on behalf of the Town of
Marana.
PASSED AND ADOPTED by the Mayor and Council of the Town of Mararia, Arizona,
this 15th day of August, 1995.
To¸
AS TO FORM:
Daniel J. Hochuli
Town Attorney
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