Agenda - 06-15-2010 - 4o - Laserfiche WebLink

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The NCACC -Risk Management staff constantly note comments and concerns from member counties and entities. One of the more common complaints heard from members dealt with the amount of paperwork and the overall difficulty of the renewal process. During the past year the Risk Management staff along with the pool's Board of Trustees extensively reviewed the comments and recommended modifications to streamline the process. One such change is to eliminate the Participation Agreement, which was the annual extension of the Interlocal Agreement. The attached revised Interlocal Agreement presented for approval by the Board incorporates the non - duplicative elements of the Participation Agreement and supplants the need for future annual Participation Agreements. In the interest of full disclosure, Orange County Asset Management and Purchasing Services Director Pam Jones is currently a member of the NCACC -Risk Management Board of Trustees. FINANCIAL IMPACT: Approval of the Interlocal Agreement will allow the County to participate in the pools for insurance coverage. The funds are included in the FY2010 -11 Manager's Recommended Budget to support the costs of coverage for Workers' Compensation, Property and Liability and Group Benefits. Historical and projected cost data is as follows: Coverage Description FY 2009 FY 2010 Projected FY 2011 Property and Liability $ 711,000 $ 739,200 $ 700,000 Workers Compensation $1,346,623 $1,332,952 $1,300,000 RECOMMENDATION(S): The Manager recommends that the Board approve the resolution adopting the Interlocal Agreement and joining the NCACC Risk Management Pool; and authorize the Chair to sign on behalf of the Board.