HomeMy WebLinkAboutOCSD 07-21.-~ RESOLUTION NO. OCSD 07-21
A RESOLUTION OF THE BOARD OF DIRECTORS OF
ORANGE COUNTY SANITATION DISTRICT
TERMINATING THE CALIFORNIA PUBLIC ENTITY
INSURANCE AUTHORITY JOINT POWERS AGREEMENT
WHEREAS, the CSAC Excess Insurance Authority (EIA) and the California
Public Entity Insurance Authority (CPEIA) have merged into one organization, the EIA,
and there is no need for the CPEIA to continue to exist; and,
WHEREAS, CPEIA members are able to join the EIA as public entity members;
and,
WHEREAS, pursuant to Article 22 of the CPEIA Joint Powers Agreement
(Agreement) the affirmative vote of the governing bodies of three-fourths of the
members are required to terminate the Agreement; and,
WHEREAS, there are no assets or other property to distribute under Article 22 of
the Agreement.
NOW, THEREFORE, the Board of Directors of Orange County Sanitation
District,
DOES HEREBY RESOLVE, DETERMINE AND ORDER:
Section 1: That pursuant to the provisions of Article 22 of the Agreement it
elects to terminate the CPEIA. Said termination shall become effective upon the
affirmative vote of the Orange County Sanitation District Board of Directors of three-
fourths of the members.
PASSED AND ADOPTED at a regular meeting held September 26, 2007.
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