JPA (JOINT POWERS AUTHORITY) AGREEMENT

LAWCX AGREEMENT (3/19/92 ed) June 18, 1992 1 JOINT EXERCISE OF POWERS AGREEMENT TO ESTABLISH, OPERATE, AND MAINTAIN A JOINT PROGRAM FOR WORKERS COMPENSATION EXCESS PROTECTION THIS AGREEMENT is entered into pursuant to the provisions of Title 1, Division 7, Chapter 5, Article 1 (Sections 6500, et seq.) of the California Government Code, relating to the joint exercise of powers, between the agencies signatory hereto, and also those which may hereafter become signatory hereto, for the purpose of operating an agency to be known and designated as Local Agency Workers’ Compensation Excess Joint Powers Authority (“Authority”). WITNESSETH: WHEREAS, it is to the mutual benefit of the parties herein subscribed and in the best public interest of said parties to join together to establish this Joint Powers Agreement to accomplish the purposes hereinafter set forth; and WHEREAS, the development, organization, and implementation of such an Authority is of such magnitude that it is desirable for aforesaid parties to join together in this Joint Powers Agreement in order to accomplish the purposes hereinafter set forth; and WHEREAS, the signatories hereto have determined that there is a need, by agencies, for a joint program for “Workers’ Compensation Excess” protection; and WHEREAS, it has been determined by such signatories that a joint program for “Workers’ Compensation Excess” protection is of value on an individual and mutual basis; and WHEREAS, Title 1, Division 7, Chapter 5, Article 1, of the California Government Code authorizes joint exercise by two or more agencies of any power common to them; and WHEREAS, it is the desire of the signatories hereto to jointly provide for a joint program for “Workers’ Compensation Excess” protection for their mutual advantage and concern; and WHEREAS, it is the desire of the signatories hereto to study and from time to time to incorporate other forms of risk management into a joint program such as that described herein.