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78-693 I"'" ~ ",..-.", ~SOLUTION NO. 78R-~ A RESOLUTIO OF THE CITY COUNCIL OF THE CITY OF ANAHEIM STABLISHING A SELF-INSURED GENERAL LIABILITY L SS FUND SO LONG AS THE CITY'S GENERAL LIA ILITY EXPOSURE IS INSURED BY S & H INSURANCE C MPANY. 1 WHEREAS, th~ City of Anaheim solicited quotations for general liability ins prance from various markets; and I WHEREAS, S est quotation in acco have conditioned thei a general liability 1 payment of obligation rity of the fund; and WHEREAS, th~ City Council of the City of Anaheim desires to accept said offer ~s conditioned. H Insurance Company has submitted the low- ancewith the City's specif'icationsand offer by requiring~that the City establish ss fund in sufficient amounts to secure the and related expenses and insure the integ- NOW, THEREFfmE, BE IT RESOLVED by the City Council of the City of Anaheim that ,~as long as the City's genera.l, liability expo- sure is insured by S H Insurance Company, the City of Anaheim shal. 1 annually establ 'sh a self-insured general liability loss fund in an amount not less than the estimated expected losses, or the self-insured retentio , whichever amount is greater. I BE IT FURT~ RESOLVED that said fund will be used for no other purpose tha .the payment of claims or related loss ex- penses and that the nd will be retained at such a level until such time as all incred losses are paid or settled. THE FOREGOI~G RESOLUTION is approved and adopted by the Ci ty Council of the c!ity of Anaheim this 24th day of October , 1978. ATTEST: /~ ~~ANAIlJ!IM ROF:fm r ,...., --.. STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss . CITY OF ANAHEIM ) , I, LIII>A D. ROBERTS, City C the fGregoing Resolution,No meeti.. provided by law ,of the 24th day of October, 19 rk of the City of Anaheim, do hereby certify that 78R...693 was introduced an4 adopted at a regular the City Council ,of the City of' Anahe'iinhe1d on , by the following vote ,of the members thereof: AYES: COUNCIL MEMBERS: qverho1 t, Kaywood, Ko tt, Ro th and Seymour NOES: COUNCIL MEMBERS: "ne I ABSENT: COUNCIL MEMBERS: tione AND I FUR'lHER CERTIFY that e Mayor of the Ci.ty of Anaheim. signed said ResolUtion No. 78R...693 on Tt 24th day of October, ,,1978. IN WI'lNESSWHEREDF, I have Ci ty of '" Anaheim this 24 tit d ereuntoset my hand and ,affixed the seal of the of October, 1978. ~/.; .&~Y< CITY CL' OF ' THE, CITY . ANAHEIM (SEAL) I, LINDA D. ROBERTS, City Cterk of the City of Anaheim, the foregoing is, the Origin, 1 of Resolution No. 78R-693 by the Anaheim City Council on October 24, 1978, . ' . I do hereby certify that duly passed and adopted e>z:.~'~~ Jj:)~ ITY CLERK , :npny 19 '1aAaa IDg~80~d .S=I,:>:>V ~a8gu~ '8J~