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Agenda Packet_2024-08-06
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Agenda Packet_2024-08-06
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8/1/2024 11:33:55 AM
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City Clerk
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Agenda Packet
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8/6/2024
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2.1.5 Assist Members to the maximum extent authorized by law to <br />secure long term solutions enabling the Authority to provide <br />adequate protection to Members against catastrophic, or greater <br />than expected; claims and to attract major reinsurers for the <br />purpose of transferring risk. <br />2.1.6 Jointly secure administrative ative and other services including, but not <br />limited to, general administration, underwriting, risk management, <br />loss prevention, claims adjusting, data processing, brokerage, <br />accounting, and legal services when related to any of the other, <br />purposes. <br />A:IFMTI ` E I DEFYNMONS <br />3.1 The fallowing dafttutions shall apply to the provisions of this Agreement and the <br />Ry'=.1..wv u of the Authority and iv=5la 'fcuiagemarn` Pt17,�',II,'ams: <br />3.1.1 "Agreement" shall mean this Agreement, as it may be amended <br />from time to time, creatingthe Independent Cities Risk <br />Managament.Authority. <br />3.1.2 "Board" or "Governing Board" shall moan the governing body of <br />the Authority: <br />3.1.3 "By -Laws" shall mean the rules governing the management of the <br />Authority and each individual Risk Management Program, <br />Approved by tha Go"ming Board October 13, 2004 <br />.4 <br />City Council <br />15 — 8 8/6/2024 <br />
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