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HomeMy WebLinkAboutRES 95-29RESOLUTION NO.95-29 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA, APPROVING A CERTAIN AGREEMENT BETWEEN THE CITY OF APACHE JUNCTION AND THE STATE OF ARIZONA MUNICIPAL RISK RETENTION POOL,AN ARIZONA NONPROFIT CORPORATION ("MUNICIPAL RISK RETENTION POOL")ALLOWING THE CITY OF APACHE JUNCTION TO PARTICIPATE IN THE ARIZONA MUNICIPAL RISK RETENTION 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 one another;and WHEREAS,the City of Apache Junction 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 City Council of the City of Apache Junction as follows: 1.The City Council hereby approves the form of agreement between the City of Apache Junction 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 City of Apache Junction. APPROVED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,THIS 7TH DAY OF NOVEMBER,1995. SIGNED AND ATTESTED TO THIS 7TH DAY OF NOVEMBER,1995. DOUGLAS COLEMAN Mayor ATTEST: