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RESOLUTION NO. 5737 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER, ARIZONA, RENEWING REQUEST TO INDUSTRIAL COMMISSION OF ARIZONA FOR CONTINUED EXEMPTION FROM REQUIREMENT TO POST SECURITY FOR SELF-INSURED WORKERS’ COMPENSATION PROGRAM WHEREAS, the City of Chandler has been authorized by the Industrial Commission of Arizona (ICA) to self-insure its workers’ compensation claims since January 2003, and WHEREAS, the rules of the ICA allow a self-insured public entity to request exemption from the requirement to post security if certain requirements for funding its actuarial liabilities are satisfied; and WHEREAS, City of Chandler fully funds its outstanding workers’ compensation liabilities through an Annual Budget approved by the City Council and established in Internal Service Fund 736, Sub fund Workers’ Compensation, in accordance with Chandler City Code Chapter 5-7, and the Fund is managed by the City’s Chief Financial Officer and Human Resources Director, funded annually based upon established liabilities and annual funding levels consistent with Government Accounting Standards Board (GASB) Statement #10, as amended or replaced, and audited annually by certified public accountant; and WHEREAS, it is in the best interest of the City to be exempted from the requirement to post security for the self-insured workers’ compensation claims. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chandler, Arizona, as follows: Section 1. That this resolution constitutes a certified statement by the City Council, as the governing body of the City of Chandler, in support of the request for continued exemption from the requirement to post security. Section 2. That the City of Chandler meets the conditions set forth in Arizona Administrative Code R20-5-1114(A) for exemption from the requirement to post security. Section 3. That the City Council or its designee, shall immediately notify the ICA and provide security if the City Council, or its designee, learns that the Self-Insurance Fund has insufficient funds to cover all workers’ compensation liabilities. Section 4. That the signatures on this resolution represent a majority of the members of the City Council. Section 5. That the Mayor and City Council members are authorized to sign the resolution and related documents required by the ICA, as approved by the City Attorney. Resolution No. 5737 Page 2 PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this 19th day of October, 2023. ATTEST: CITY CLERK Kevin Hartke, MAYOR Matt Orlando, VICE MAYOR Angel Encinas, COUNCILMEMBER Christine Ellis, COUNCILMEMBER OD Harris, COUNCILMEMBER Jane Poston, COUNCILMEMBER Mark Stewart, COUNCILMEMBER CERTIFICATION I HEREBY CERTIFY that the above and foregoing Resolution No. 5737 was duly passed and adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the 19th day of October, 2023, and that a quorum was present thereat. ______________________________________ CITY CLERK APPROVED AS TO FORM: __________________________________ CITY ATTORNEY