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1994-10-26: NPAIP
WHEREAS, Nevada Revised Statutes 277.080 to 277.180 permits local governments to make the most efficient use of their powers by enabling them to cooperate with other local governments on a basis of mutual advantage and thereby provide services which will best accord needs of their communities; and
WHEREAS, Nevada Revised Statutes 277.110, entitled the "Interlocal Cooperation Act," authorizes public agencies to exercise any power or powers, privileges or authority which may be exercised by the public agency individually to be exercised jointly with any other public agency in the State; and
WHEREAS, Nevada Revised Statutes 277.045 permits two or more political subdivisions of the State of Nevada to enter into a cooperative agreement for the purchase of insurance or the establishment of a self-insurance reserve or fund for coverage under a plan of: casualty insurance, other than workmenls compensation and employer's liability, as that term is defined in NRS 681A.020; marine and transportation insurance, as that term is defined in NRS 681A.050; property insurance, as that term is defined in NRS 681A. 060; surety insurance, as that term is defined in NRS 681A.070; or insurance for any combination of these kinds; and
WHEREAS, public agencies within Nevada have found it increasingly difficult to purchase insurance from commercial sources and where such insurance is available, the cost of such coverage often exceeds the ability of the public agencies to pay for such insurance; and
WHEREAS, the Nevada Association of Counties and the Nevada League of Cities have undertaken a series of studies to determine the feasibility of entering into an Interlocal Cooperation Agreement to form the Nevada Public Agency Insurance Pool have concluded that the creation of such a Pool is financially and administratively feasible; and
WHEREAS, a number of public agencies desire to join together for the purpose of providing insurance coverage and jointly funding programs of pooled self-insurance; insurance and excess insurance for property, casualty and surety insurance; and
WHEREAS, the governing boards of a number of public agencies have determined that they wish to create a Nevada Public Agency Insurance Pool and an Interlocal Cooperation Agreement for such Pool has been drafted; and
WHEREAS, the stated purposes, organizational structure and procedural structure contained within that Agreement represent positions shared by this public agency; and
WHEREAS, the governing board of this public body finds that it is in the best interest of its citizens that it become a member of the Nevada Public Agency Insurance Pool,
NOW THEREFORE, BE IT RESOLVED BY THE GOVERNING BOARD OF THE
VIRGIN VALLEY WATER DISTRICT AS FOLLOWS:
SECTION 1: That the Virgin Valley Water District Board of Directors is hereby authorized to execute on behalf of this public agency the Nevada Public Agency Insurance Pool Interlocal Cooperation Agreement, a copy which is appended to and made a part
of this Resolution as Appendix 1.
SECTION 2: The powers of the Pool unless the Agreement is amended, shall be limited to those contained within Appendix 1.
SECTION 3: The commencement of the operations of the Pool and the obligation of this public agency to fully participate in such operations shall be effectuated in accordance with the Agreement.
SECTION 4: Except to the extent of the financial contributions to the Pool this public agency by its entry as a member of the Pool shall not be held responsible in any way for
claims due to the property losses of or claims in tort or contract made against any other member of the Pool.