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1985-165-Supporting The "Fair Responsibility Act Of 1986" InitiativeRESOLUTION NO. 1935 -165 A RESOLUTION OF THE TOWN OF LOS GATOS SUPPORTING THE "FAIR RESPONSIBILITY ACT OF 1986" INITIATIVE WHEREAS, the present joint and several liability law, also known as the "Deep Pocket Doctrine ", has unfairly cost the cities of California millions of dollars in court judgments, settlements, legal costs, skyrocketing insurance premiums, and difficulty in obtaining adequate liability insurance coverage; and WHEREAS, this same doctrine has also cost other governmental bodies, business firms, and professionals many millions of dollars; and WHEREAS, ultimately this cost is unfairly borne by the taxpayers and consumers of California; and WHEREAS, many cities, other governmental bodies, business firms, and professionals are selected as defendants in lawsuits merely because of their perceived assets or insurance and often are found only fractionally at fault but must pay most or all of the judgment because the defendants most at fault cannot pay; and WHEREAS, the cost of this is unfairly borne by the taxpayers and consumers of California; and WHEREAS, the "Fair Responsibility Act of 1986" is an initiative measure that would give the voters of California an opportunity to reform the inequities and injustices of the "Deep Pocket Doctrine" by holding liability lawsuit defendants financially liable in closer proportion to their degree of fault; NOW, THEREFORE, BE IT RESOLVED that the Town Council of the Town of Los Gatos does hereby endorse the "Fair Responsibility Act of 1986" and urge its support and passage to relieve the financial strain imposed on local government and its taxpayers. PASSED AND ADOPTED by the Town Council of the.Town of Los Gatos at a regular meeting held this 18th day of November , 1985, . by t e following vote: AYES: COUNCILMEMBERS Joanne Benjamin, Eric D. Carlson, and Mayor Terrence J. Daily NOES: COUNCILMEMBERS None ABSENT: COUNCILMEMBERS None ABSTAIN: COUNCILMEMBERS Thomas J. Ferrito, Brent N. Ventura SIGNED: MAYOR OF THE TOW OF LOS GA S ATTEST: CLERK OF THE TOWN OF LOS GATOS ��