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HomeMy WebLinkAboutApprove Resolution No. 4161 Approving and Adopting the Montana Municipal Interlocal Authority Revised and Restated Property Program Agreement Commission Memorandum REPORT TO: Honorable Mayor and Commission Members FROM: Anna Rosenberry, Finance Director Greg Sullivan, City Attorney Chris Kukulski, City Manager SUBJECT: Resolution No. 4161 Approving and Adopting the Montana Municipal Interlocal Authority Revised and Restated Property Program Agreement MEETING DATE: May 11, 2009 RECOMMENDATION: Approve Resolution No. 4161 Approving and Adopting the Montana Municipal Interlocal Authority Revised and Restated Property Program Agreement. BACKGROUND: The Montana Municipal Insurance Authority, of which the City is a member, is seeking to make changes to their Property Program agreement for all members, effective September 1, 2010. Attached is their correspondence, dated March 24 and March 31, 2009. In his Memo on March 31st, Alan Hulse, CEO of MMIA describes the changes in the Property Program agreement: “ General Changes: As described in my cover memo to you, consistent in all of these agreements is the change in name from the “Montana Municipal Insurance Authority” to the “Montana Municipal Interlocal Authority.” 131 We have also removed all reference to “insurance” as it relates to the MMIA. Instead, we refer to “Coverage” under the various program agreements. In addition, for consistency between and among the documents, “Participant” was changed to “Member Entity”, and “premium” was changed to “Assessment”. Property Program Agreement: Effective July 1, 2009 As discussed above, this Program Agreement was revised to change the name of the MMIA, delete references to “insurance” and “premium” except where appropriate, more accurately identify the accounts and funds used, define audit and refund policies, subject to the same two Coverage Year periods as are found the Liability and Workers Compensation Program Agreements. The same provisions dealing with withdrawal, suspension and termination from membership found in the Liability and Workers Compensation Program Agreements were included in this Program Agreement so that there would be a consistent policy and procedure applicable to each Program. In addition, the notification requirement for withdrawal from this Program was increased from 90 to 120 days. The reason for doing so was due to the decision of the MMIA to publish rates sooner during your budget cycle to the membership. In order to provide this rate information to you sooner each year, the MMIA must be able to inform its reinsurers earlier in the year about any withdrawals from participation in the Property Program.” FISCAL EFFECTS: None. ALTERNATIVES: As suggested by the City Commission. Attachments: MMIA Memo, 3/24/09 MMIA Memo, 3/31/09 Resolution No. 4161 Revised and Restated Property Program Agreement, effective 7/1/09 132 COMMISSION RESOLUTION N0. 4161 APPROVING AND ADOPTING THE MONTANA MUNICIPAL INTERLOCAL AUTHORITY AMENDED AND RESTATED PROPERTY PROGRAM AGREEMENT WHEREAS, the City of Bozeman (Member Entity) is duly organized under the laws of the State of Montana; and WHEREAS, Article XI, Section 7 of the Montana Constitution provides that a political subdivision may a) cooperate in the exercise of any function, power, or responsibility with, b) share the services of any officer or facilities with, and c) transfer or delegate any function, power responsibility, or duty of any officer to one or more other local government units, the state or the United States; and WHEREAS, Mont. Code Ann. Title 7, Chapter 11, Part 1, (the Interlocal Cooperation Act) authorizes political subdivisions to create interlocal agreements to jointly perform any undertaking that each such political subdivision unit is authorized by law to perform; and WHEREAS, Mont. Code Ann. § 2-9-211, authorizes political subdivisions of the State to procure insurance separately or jointly with other subdivisions, and to use a deductible or self- insurance plan, wholly or in part; and WHEREAS, the Montana Municipal Interlocal Authority (Authority) is a joint exercise of powers entity established pursuant to an Interlocal Cooperation Agreement in accordance with the provisions of the Interlocal Cooperation Act for the purpose of providing pooled risk coverage programs for the Member Entity and other political subdivisions executing the Interlocal Agreement; and WHEREAS, the Authority is authorized to exercise necessary powers to implement the purposes of the Authority as established by the Interlocal Agreement; 133 WHEREAS, by executing this First Amended Property Program Agreement, the Member Entity signatory hereto has heretofore determined and does hereby confirm that the Assessments and other charges required by the Property Program have been and are just and reasonable and advantageous to the public benefit of the citizens of such Member Entity; and, NOW THEREFORE, BE IT RESOLVED THAT the City of Bozeman hereby approves and adopts this Amended and Restated Property Program Agreement. PASSED AND ADOPTED this 11th day of May, 2009. ______________________________ KAAREN JACOBSON Mayor ATTEST: ______________________________ STACY ULMEN, CMC City Clerk APPROVED AS TO FORM: ______________________________ GREG SULLIVAN City Attorney 134 135 136 137