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18-1474 Authorizing "Letter of Intent to Withdraw" From the Public Risk Management of Florida Insurance PoolRESOLUTION NO. 18-1474 A RESOLUTION OF THE CITY OF LONGWOOD FLORIDA, AUTHORIZING THE ISSUANCE OF A "LETTER OF INTENT TO WITHDRAW" FROM THE PUBLIC RISK MANAGEMENT OF FLORIDA INSURANCE POOL; PROVIDING FOR SEVERABILITY, AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the CITY OF LONGWOOD is party to an intergovernmental cooperative agreement ("Agreement") which provides for its participation in the Public Risk Management of Florida Insurance ("Pool") WHEREAS, Section 4.2 and 4.3 of the Agreement provide that Pool members must serve the Executive Director with written notice of its intent to withdraw at least forty-five (45) days prior to the beginning of the fiscal year for which the notice to withdraw is applicable; and WHEREAS, issuance of said notice will facilitate staff analyses of insurance options for the fiscal year commencing October 1, 2019 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF CITY OF LONGWOOD THAT: SECTION 1. By means of the Resolution, the City Commission of CITY OF LONGWOOD does hereby authorize the City Manager to issue a letter of intent to withdraw for the Pool, effective October 1, 2019, subject to final confirmation of such action on or before (10) days prior to the beginning of such fiscal year SECTION 2. This Resolution shall become effective immediately upon adoption. SECTION 3. If any section, subsection, phrase or portion of the Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions thereof. PASSED AND ADOPTED in open session this 51 day of September 2018. CITY OF LONGWOOD, FLORIDA Ben Paris, Mayor ATTEST Michelle Long , CMC, FCRM, City Clerk Approved as to f rm and legality for the use and reliance of the City of Longwood, Florida only Daniel W Lan y, City Attorney