RESOLUTION NO. __________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COMMERCE, CALIFORNIA APPROVING THE RENEWAL AGREEMENT WITH KEENAN AND ASSOCIATES FOR SELF-INSURED CLAIMS WHEREAS, on May 17, 2016, the City Council approved and authorized an agreement and related documents for Worker’s Compensation membership in the Municipal Insurance Cooperative Joint Powers Authority providing the services and maintenance of a Joint Purchasing Program for Worker’s Compensation and other coverages; and WHEREAS, the City Council provided authorization to the City Administrator to execute any other documents needed to effectuate the City’s membership; and WHEREAS the City Administrator executed an agreement from July 1, 2016 through June 30, 2019 with Keenan & Associates, a full-service brokerage firm and management of the Municipal Insurance Cooperative, to provide the City of Commerce with a worker’s compensation program to include a self-insured retention; and WHEREAS, the first Renewal Amendment stipulated “Exhibit C” attached to the amendment will supersede both “Exhibit B” and “Exhibit C” of the executed agreement from July 1, 2016 through June 30, 2019 and proposed a renewal period from July 1, 2019 through June 30, 2022; and WHEREAS, the second Renewal Amendment stipulated “Exhibit C” attached to the amendment will supersede “Exhibit C” of the first renewal amendment and proposed a renewal period from July 1, 2022 through June 30, 2023; and WHEREAS, the third Renewal Amendment stipulated that “Exhibit C” attached to the amendment will supersede “Exhibit C” of the second amendment and proposed a renewal period from July 1, 2023 through June 30, 2024; and WHEREAS, the renewal agreement proposes a renewal period from July 1, 2025 through June 30, 2028; and WHEREAS, two optional years are included for the City of Commerce to consider; and WHEREAS, the fiscal impact to renew for an additional three (3) years is $156,993 requires the first year payment to be made on July 1, 2025 in the amount of $50,939.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COMMERCE DOES HEREBY RESOLVE, DECLARE AND DETERMINE AS FOLLOWS:
Section 1. The City Council of the City of Commerce hereby finds and declares that the foregoing recitals are true and correct, and incorporates them herein as findings and as a substantive part of this Resolution.
Section 2. The three-year self-insured claims administration agreement is approved, in a form approved by the City Attorney, at the total cost of $156,993, with “Exhibit C” reflecting that fee schedule rates will remain at the rates established effective July 1, 2023.
Section 3. Authorize the Mayor or City Manager to execute the agreement on behalf of the City and other documents needed to effectuate City’s membership with the Municipal Insurance Cooperative Joint Powers Authority. The Mayor is also authorized to execute this Resolution for and on behalf of the City of Commerce.
Section 4. This Resolution shall take full force and effect immediately upon adoption by the City Council.
PASSED, APPROVED AND ADOPTED THIS 27th day of MAY, 2025. ________________________
Ivan Altamirano
Mayor
ATTEST:
_______________________
Lena Shumway
City Clerk