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O-721-92 03/09/92r ITEM VI.B.6 ORDINANCE NO. 2601 AN ORDINANCE AUTHORIZING MEMBERSHIP IN AN EXISTING INTERGOVERNMENTAL AGENCY KNOWN AS THE INTERGOVERN- MENTAL RISK MANAGEMENT AGENCY WHEREAS, Section 10 of Article VII of the Illinois Consti- tution of 1970 permits units of local government to contract or otherwise associate among themselves in a manner not prohibited by law or by ordinance; and WHEREAS, Chapter 127, Section 741, et seq., Illinois Revised Statutes, entitled the "Intergovernmental Cooperation Act," permits public agencies to exercise any power or powers, privi- leges or authority which may be exercised by such public agency individually to be exercised and enjoyed jointly with any other public agency in the State; and WHEREAS, the Intergovernmental Cooperation Act in Section 746 in furtherance of the provisions contained within Article VII, Section 10 of the Constitution authorizes an intergovernmental contract which among other undertakings allows public agencies to jointly self insure and authorizes each public agency member of the contract to utilize its funds to protect wholly or partially, any public agency member of the contract against liability or loss in the designated insurable area; and WHEREAS, units of local government have found it increasingly difficult to purchase insurance from commercial sources and where such insurance is available, the cost of such coverage often ex- ceeds the ability of the units of local government to pay for such insurance; and WHEREAS, the Corporate Authorities of the Village of Lemont have determined that it is in the best interest of the Village, its officials, employees, agents and citizens, to participate in intergovernmental insurance pooling; and, WHEREAS, a number of local government agencies have organized themselves into an intergovernmental agency known as the Inter- governmental Risk Management Agency and have executed a contract and by -laws for that Agency; and WHEREAS, the Corporate Authorities of the Village of Lemont find that the stated purposes, organizational structure and pro- cedural structure contained within the Contract and By -Laws of the Intergovernmental Risk Management Agency as amended to this date or as amended in the future in accordance with that Contract and By -laws represent positions shared by the Village of Lemont; and WHEREAS, the Corporate Authorities have determined that membership in the Intergovernmental Risk Management Agency will offer an opportunity to enhance existing Village risk management activities; and WHEREAS, the Board of Directors of the Intergovernmental Risk Management Agency on January 23, 1992 approved the Village of Lemont to become a member of the Intergovernmental Risk Management Agency upon the passage of an ordinance authorizing the execution of the Contract and By -laws of that Agency; and WHEREAS, the Corporate Authorities of the Village of Lemont have determined that Membership in the Intergovernmental Risk Management Agency is in the best interest of its citizens. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Lemont, Cook, Will and DuPage Counties, Illinois; as follows: Section 1. That the Village President and Village Clerk are hereby authorized to execute on behalf of the Village of Lemont the Contract and By -laws of the Intergovern- mental Risk Management Agency. One copy of the Contract and By -laws is attached to and made part of this Ordinance as Appendix 1. Section 2. The powers of the Agency, unless the Contract and By -laws be amended, shall be limited to those con- tained within Appendix 1. Section 3. The obligation of the Village of Lemont to fully participate in the operations of the Intergovern- mental Risk Management Agency as defined in the Contract and By -laws as amended shall commence on May 1, 1992. Section 4. This Ordinance shall be in full force and effect from and after its passage and approval as provided by law. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COOK, WILL AND DU PAGE COUNTIES, ILLINOIS, on this �L day of 7.12/4.-e4.-1 , 1992 Kenneth Bromberek Barbara Buschman Bert Ercoli Richard Kwasneski William Margalus Ralph Schobert Approved by me this Attest: AYES NAYS PASSED ABSENT v J Charlene M. Smollen, Village Clerk day of 1 !.g if v �� eph Forzley, Villa e Iesident , 1992 . Smollen, Village Clerk