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2026-012 - Join CJPIA - APPROVING EXECUTION OF THE JOINT POWERS AGREEMENT CREATING THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY RESOLUTION 2026-012 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS, COUNTY OF SANTA CLARA, CALIFORNIA,APPROVING EXECUTION OF THE JOINT POWERS AGREEMENT CREATING THE CALIFORNIA JOINT POWERS INSURANCE AUTHORITY WHEREAS, pursuant to the provisions of Sections 990, 990.4, 990.8 and 6500 of the California Government Code,the California Joint Powers Insurance Authority ("California JPIA") has been created by a Joint Powers Agreement; and WHEREAS,Joint Protection Programs have been developed by the California JPIA pursuant to the provisions of said Agreement; and WHEREAS,Article 22 of said Agreement provides for additional members to become parties to the Joint Powers Agreement creating the California JPIA and enter one or more Joint Protection Programs providing self-insurance and loss pooling; and WHEREAS,the self-insurance and loss pooling programs of the California JPIA, as well as its group insurance coverage programs, offer significant advantages to the Town of Los Gatos in terms of cost, protection, risk management and loss control advice and assistance, and entering such programs would be in the best interest of the Town of Los Gatos. NOW,THEREFORE, BE IT RESOLVED that the Town Council of the Town of Los Gatos does hereby resolve, order and determine as follows: Section 1. That the Mayor of the Town of Los Gatos is hereby authorized and directed to execute the Joint Powers Agreement on behalf of the Town of Los Gatos binding the Member to the terms and conditions of said Agreement. The Town of Los Gatos understands and agrees that, by executing the Agreement, it will be bound by the terms of the Joint Powers Agreement, specifically Article 21, "Responsibilities of Members," including the obligation to make deposits and deposit adjustments for joint protection programs it joins. Section 2. That the Town of Los Gatos hereby joins the California JPIA, for a period of not less than three (3)years. Section 3. That the Town of Los Gatos acknowledges and agrees to the provisions of Article 24 of the Agreement, which provides: (a) A Member that enters into this Agreement may not withdraw as a party to this Agreement and as a Member of the Authority for a three-year period commencing on the effective date of its membership. 1 of 2 Resolution 2026-012 April 7, 2026 (b) A Member that enters into a joint protection program may not withdraw as a participant in that program for a three-year period commencing on the effective date of its participation in the joint protection program. (c) After the initial three-year non-cancellable commitment to membership in the Authority or participation in a joint protection program, a Member may withdraw only at the end of any protection period, provided it has given the Authority a twelve-month written notice of its intent to withdraw from this Agreement and/or any joint protection programs in which it participates. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 7th day of April, 2026, by the following vote: COUNCIL MEMBERS: AYES: Rob Rennie, Mary Badame, Maria Ristow, Matthew Hudes, Mayor Rob Moore NAYS: None ABSENT: None ABSTAIN: None SIGNED: MAYOR LOS GATOS, CALIFORNIA ATTEST: �� 2 e TOWN GLE rd LOS GATOS, CALIFORNIA 2 of 2 Resolution 2026-012 April 7,2026