Chapter 2.84
RISK MANAGEMENT COMMITTEE

Sections:

2.84.010    Purpose.

2.84.020    Definitions.

2.84.030    Risk management committee.

2.84.040    Recovery of losses.

2.84.010 Purpose.

The purpose of this chapter is to establish risk management policies for the city and define procedures regarding risk management. (Ord. 1479 § 1, 1990).

2.84.020 Definitions.

As used in this chapter, the following words and terms shall have the meanings set forth herein.

A.    “Risk management” means a coordinated and continuous management process to identify potential risk and loss exposures, to apply reasonable and effective risk controls and to insure that the financial integrity of the city is not impaired by liability risks and losses.

B.    “Committee” means the risk management committee established by Section 2.84.030. (Ord. 1479 § 2, 1990).

2.84.030 Risk management committee.

A.    Creations and composition. There is hereby created a risk management committee to be composed of the following individuals: three members of the city council; the mayor; the city superintendent; the city clerk; city chief of police; and the city attorney. The mayor shall chair the committee. The safety manager shall be a nonvoting member of the committee, and shall serve to inform and advise the committee on risk identification and control functions of the committee.

B.    Duties of the committee.

1.    The committee shall make recommendations to the city council regarding risk management policy and shall cause such policy to be established and be kept current.

2.    The committee shall make recommendations to the city council on matters concerning the purchase of insurance policies and self-insurance, or group insurance, programs.

3.    The committee shall meet on a regular basis, at least once a month. Special meetings may be called by the mayor and may be requested by any member of the committee.

4.    The committee shall review risk identification, prevention, and control concerns, to advise the city council concerning risk management and control functions. (Ord. 1479 § 3, 1990).

2.84.040 Recovery of losses.

A.    Action for Recovery. The committee shall be responsible for advising the city council concerning risks and losses to the city arising out of acts of others. In addition, the committee shall advise the city as to recovery of loss to the city.

B.    Allocation of Recoveries. Any moneys recovered (excluding costs of recovery) on account of losses to the city shall be paid to the budget unit or department which has expended funds and/or materials as a result of the loss. Any moneys in excess of those expended shall be transferred to the current expense fund. (Ord. 1479 § 4, 1990).