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Adopted October 5, 1979 <br /> Amended May 12, 1980 <br /> Amended January 23, 1987 <br /> Amended October 7, 1988 <br /> Amended March 1993 <br /> Amended November 18, 1996 <br /> Amended October 4, 2005 <br /> Amended February 28, 2006 <br /> JOINT POWERS AGREEMENT <br /> CREATING THE CSAC EXCESS INSURANCE AUTHORITY <br /> This Agreement is executed in the State of California by and among those counties and public <br /> entities organized and existing under the Constitution of the State of California which are parties signatory <br /> to this Agreement The CSAC Excess Insurance Authority was formed under the sponsorship of CSAC <br /> All such counties, hereinafter called member counties and public entities, hereinafter called member <br /> public entities, [collectively 'members"] shall be listed in Appendix A, which shall be attached hereto and <br /> made a part hereof <br /> RECITALS <br /> WHEREAS, Article 1, Chapter 5 Division 7 Title 1 of the California Government Code (Section <br /> 6500 et seq ) permits two or more public agencies by agreement to exercise jointly powers common to <br /> the contracting parties, and <br /> WHEREAS Article 16, Section 6 of the California Constitution provides that insurance pooling <br /> arrangements under joint exercise of power agreements shall not be considered the giving or lending of <br /> credit as prohibited therein, and <br /> WHEREAS, California Government Code Section 990 4 provides that a local public entity may <br /> self-insure, purchase insurance through an authorized carrier or purchase insurance through a surplus <br /> line broker, or any combination of these, and <br /> WHEREAS, pursuant to California Government Code Section 990 6 the cost of insurance <br /> provided by a local public entity is a proper charge against the local public entity, and <br /> WHEREAS California Government Code Section 990 8 provides that two or more local entities <br /> may, by a joint powers agreement provide insurance for any purpose by any one or more of the methods <br /> specified in Government Code Section 990 4 and such pooling of self-insured claims or losses is not <br /> considered insurance nor subject to regulation under the Insurance Code and <br /> WHEREAS, the counties and public entities executing this Agreement desire to join together for <br /> the purpose of jointly funding and/or establishing excess and other insurance programs as determined, <br /> NOW THEREFORE,the parties agree as follows <br /> Page 1 of 22 <br />