Title
A RESOLUTION CONSENTING TO PARTICIPATION BY THE COMMERCE CITY HOUSING AUTHORITY IN THE COLORADO INTERGOVERNMENTAL RISK SHARING AGENCY
Body
Summary and Background Information:
In 2017, Commerce City (“City”) executed a Cooperation Agreement with the Commerce City Housing Authority (“Authority”) and as part of the agreement, the City agreed to provide insurance coverage to the Authority through the City’s insurer, Colorado intergovernmental Risk Sharing Agency (CIRSA). The City is in the process of negotiating an intergovernmental agreement with the Authority that will facilitate the Authority’s independent operations, and as part of that process the Authority will need to obtain its own insurance coverage. One of CIRSA’s requirements to entertain independent insurance coverage for the Authority is for the City to consent to such coverage by way of City Council Resolution.
Staff Responsible (Department Head): Jim Tolbert, Assistant City Manager and Eva LaBonte, Human Resources and Risk Management Director
Staff Member Presenting: Jim Tolbert, Assistant City Manager, if needed
Financial Impact: None
Funding Source: None
Staff Recommendation: Approve Resolution 2024-145
Suggested Motion: Adopt Resolution 2024-145 on the consent agenda