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R-07-18RESOLUTION R- 07 -18 A RESOLUTION AUTHORIZING CONTINUATION OF THE HIGH -LEVEL EXCESS LIABILITY POOL WHEREAS, the High -Level Excess Liability Pool ( "HELP ") is a governmental self- insurance pool, formed pursuant to Article VII §10 of the Illinois Constitution, and the Illinois Intergovernmental Cooperation Act, 5 ILCS §220 -1 et seq., and governed according to an intergovernmental agreement, hereinafter referred to as the "Contract and By- Laws "; WHEREAS, as of the end of its current fiscal year ending April 30, 2008, HELP will have completed its tenth year since the pool was last extended, during which it has provided collective excess self- insurance for the governmental entities which have been members of HELP; WHEREAS, the Village of Deerfield is a member of HELP, and its desire is to continue HELP's existence; WHEREAS, the passage of this resolution does not in any way restrict the ability of the Village of Deerfield to withdraw from HELP at the end of any fiscal year of the pool, upon the furnishing of one year's notice pursuant to the terms of the Contract and By -Laws. NOW, THEREFORE, be it resolved by the Mayor and Board of Trustees of the Village of Deerfield, counties of Lake and Cook, Illinois, as follows: SECTION 1: HELP, of which this governmental body is a member, at the conclusion of its current fiscal year ending April 30, 2008, shall continue in existence, under the terms of its Contract and By -Laws for ten years, commencing on May 1, M: SECTION 2: The Contract and By -Laws of HELP shall continue to constitute the intergovernmental agreement between this governmental body and the other members of HELP; SECTION 3: This resolution shall be in full force and effect immediately upon its passage. ADOPTED this 15th day of October , 2007. AYES: Benton, Feldman, Jester, Rosenthal, Seiden, Struthers (6) NAYS: None (0) ABSENT: None (0) ABSTAIN: None (0) APPROVED this 15 th day of October , 2007. APPROVED: Village