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HomeMy WebLinkAbout5298 RESOLUTION NO. 5298 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, SUPPORTING PASSAGE OF PROPOSITION 51 - THE FAIR RESPONSIBILITY ACT OF 1986 - TO COMBAT THE "DEEP POCKET DOCTIUNE" WHEREAS, the present joint and several liability law, also known as the "Deep Pocket Doctrine", has unfairly cost the cities of California millions of dollars in court judgments, settle- ments, legal costs, skyrocketing insurance premiums and difficulty in obtaining adequate liability insurance coverage; and WHEREAS, this same doctrine has also cost other governmental bodies, business firms and professionals many millions of dollars; and WHEREAS, ultimately this cost is unfairly borne by the taxpayers and consumers of California; and WHEREAS, many cities, other governmental bodies, business firms and professionals are selected as defendants in lawsuits merely because of their perceived assets or insurance and often are found only fractionally at fault but must pay most or all of the judgment because the defendants most at fault cannot pay; and WHEREAS, the cost of this unfairly borne by the taxpayers and consumers of California; and WHEREAS, the "Fair Responsibility Act of 1986" is an initiative measure that would give the voters of California an opportunity to reform the inequities and injustices of the "Deep Pocket Doctrine" by holding liability lawsuit defendants financially liable in closer proportion to their degree of fault. -1- 5298 NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES BEREBY RESOLVE AS FOLLOWS: SECTION 1. That the City Council endorse the "Fair Responsibility Act of 1986" and urge its support and passage to relieve the financial strain imposed on local government and its taxpayers. SECTION 2. That the City Clerk certify to the adoption of this Resolution. Passed, approved and adopted this 6th day of May, 1986. ~~/<n#~ Mayo 0 e It of Arca a ATTEST: ~~~~ Clty Clerk of tne Clty of Arcadla STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS: CITY OF ARCADIA ) I, CHRISTINE VAN MAANEN, City Clerk of the City of Arcadia, hereby certify that the foregoing Resolution No. 5298 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council on the 6th day of May, 1986 and that said Resolution was adopted by the following vote, to wit: AYES: Councilman Chandler, Gilb, Harbicht, Lojeski and Young NOES: None the Clty of Arcadla ABSENT: None -2- 5298