CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
Petitioner:
Les Lee Shell, Deputy County Manager Jessica L. Colvin, Chief Financial Officer
Recommendation:
title
Approve and authorize the Chair to sign a resolution adopting a Cooperative Agreement for coverage of liability claims and related expenses between Clark County and the Clark County Regional Flood Control District. (For possible action)
body
FISCAL IMPACT:
Fund #:
6610.000
Fund Name:
Clark County Liability Insurance Pool
Fund Center:
1020502000
Funded PGM/Grant:
N/A
Amount:
Description:
Cooperative Agreement
Additional Comments:
Appropriations are available in the Fiscal Year 2025-2026 operating budgets of the various County funds to pay the premiums to the Clark County Liability Insurance Pool (Fund 6610.000)
BACKGROUND:
In January 1986, Clark County established a liability insurance pool in conjunction with affiliated local governments to provide for the self-insurance of liability claims and related expenses. This agreement has been renewed since that time because the self-insurance program has proven successful in generating substantial savings for the participating entities versus the costs of commercial insurance. The participating entities recommend continuing this agreement through June 30, 2030.The terms and conditions of the proposed Cooperative Agreement do not represent a material change versus the agreements that were entered into in the past.The Cooperative Agreement has been reviewed by the Civil Division of the District Attorney's Office.