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JOINT EXERCISE OF POWERS AGREEMENT <br /> TO ESTABLISH, OPERATE, AND MAINTAIN A <br /> JOINT PROGRAM <br /> FOR WORKERS COMPENSATION EXCESS PROTECTION <br /> TIIIS AGREEMENT is entered into pursuant to the provisions of Title I, Division 7. Chapter 5, Article I (Sections <br /> 6500, et seq.) of the California Government Code, relating to the joint exercise of powers, between the agencies signatory <br /> hereto, and also those which may hereafter become signatory hereto, for the purpose of operating an agency to be known <br /> and designated as Local Agency Workers' Compensation Excess Joint Powers Authority ("Authority"). <br /> W ITNESSEi H: <br /> WHEREAS, it is to the mutual benefit of the parties herein subscribed and in the best public interest of said parties <br /> to join together to establish this Joint Powers Agreement to accomplish the purposes hereinafter set forth: and <br /> WHEREAS, the development. organization. and implementation of such an Authority is of such magnitude that it is <br /> desirable for aforesaid parties to join together in this Joint Powers Agreement in order to accomplish the purposes <br /> hereinafter set forth: and <br /> WHEREAS. the signatories hereto have determined that there is a need. by agencies. for a joint program for <br /> "Workers' Compensation Excess' protection; and <br /> WHEREAS, it has been determined by such signatories that a joint program for "Workers' Compensation Excess" <br /> protection is of value on an individual and mutual basis; and <br /> WI IEREAS, Title I. Division 7, Chapter 5. Article I, of the California Government Code authorizes joint exercise <br /> by two or more agencies of any power common to them: and <br /> WHEREAS, it is the desire of the signatories hereto to jointly provide for ajoint program for "Workers' <br /> Compensation Excess" protection for their mutual advantage and concern; and <br /> WHEREAS, it is the desire of the signatories hereto to study and from time to time to incorporate other forms of risk <br /> management into a joint program such as that described herein. <br /> LAWCX AGRIā€¢:FMGNT(3 /19/92 ed l June 18_ 1992 ) <br />