2005-079 Approves Notice to Withdraw from SERMARESOLUTION 79-2005
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM
BEACH, FLORIDA, PROVIDING NOTICE TO THE BOARD OF THE SOUTH EAST
RISK MANAGEMENT ASSOCIATION OF THE VILLAGE'S INTENT TO SOLICIT BIDS
AND TO WITHDRAW FROM THE RISK MANAGEMENT POOL AT THE VILLAGE'S
OPTION; AND, PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, The Village is a member of the South East Risk Management Association
(SERMA) Risk Management Pool and,
WHEREAS, Article V of the Interlocal Agreement establishing the Southeast Risk Management
Association and Article XI of the bylaws of the South East Risk Management Association
provide that a member may withdraw from the Association at the end of a fiscal year with one
year's prior written notice.
BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA
Section I. The Village Council of the Village of North Palm Beach, Florida, does hereby
provide notice to the South East Risk Management Association of the Village's intent to solicit
insurance bids for Fiscal Year 2006-2007 and hereby gives notice that the Village withdraws
from the South East Risk Management Association Risk Management Pool at the end of the
Fiscal Year 2005-2006.
Section 2. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED THIS 8th DAY OF
(Village Seal)
ATTEST:
-- VILLAGE CLERK