FOR THE COUNCIL MEETING OF SEPTEMBER 17, 2024
COUNCIL AGENDA REPORT
TO: City Council
FROM: City Attorney Thomas T. Watson
BY: Risk Manager Mellissa Guerrero
SUBJECT: Adoption of a Resolution Approving the City’s Public Risk Innovation, Solutions, and Management Membership and Appointing a Delegate for Authority to Act on City’s Behalf
Description:
The City Council will consider approving a membership to Public Risk Innovation, Solutions, and Management and appointing the City Manager, or their designee as Public Risk Innovation, Solutions, and Management delegate.
Environmental Notice: The Activity is not a “Project” as defined under Section 15378(b) of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
RECOMMENDATION:
Adopt a Resolution approving Public Risk Innovation, Solutions, and Management membership and appoint ing the City Manager, or their designee as Public Risk Innovation, Solutions, and Management delegate for authority to act on the City’s behalf in all matters pertaining to the membership.
BACKGROUND:
The City is a member of the Exclusive Risk Management Authority of California (ERMAC).
ERMAC was founded in 2003 specifically for the purpose of providing risk -sharing and risk-transfer for municipal liability protection to California Governmental Agencies.
ERMAC has secured the City’s direct Public Risk Innovation, Solutions, and Management (PRISM) membership for excess insurance coverage as of July 1, 2024.
Public Risk Innovation, Solutions, and Management (PRISM) is a self -insured joint powers authority, comprised of various public entities, created for the purposes of providing access to various insurance and excess insurance coverages.
DISCUSSION:
PRISM requires City Council approval for membership and each member is to determine a delegate with authority to act on the member’s behalf relating to all matters with PRISM to ensure excess insurance coverage.
2 Fiscal Considerations
There are no fiscal impacts to the City of Santa Maria at this time.
Impact to the Community
Pooling insurance provides effective coverage at a managed cost