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03-07-60C~SOLUTION WHEREAS, due to th= present complexity and size of the municipal insurance program of the City of Boynton Beach, Florida, the City Council of said municipality deems it necessary, expedient and advisable to provide for and obtain independent assistance and advice in connection with the implementation and maintenance of the said municipality's insurance program, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Boynton Beach, Florida, as follows: 1. That there is hereby created a Municipal Insurance Advisory Board of the City of Boynton Beach, Florida, for the purpose of reviewing said municipality's present insurance program making recommendations to the City Council as to the advisability of maintaining, increasing, decreasing, or altering said municipal. ity's present insurance Coverage, and for considering and making recommendations to the City Council as to all future matters per- taining Ko the City's insurance needs, as tho City Council may from time to time direct. 2. Said Board shall consist of five members who ahall be appointpd by the City Council and who shall serve at the will oJ the Council. In the event resignations or vacancies occur on said Board, the City Council shall, as expeditiously as possible, appoint successor members to serve. No salary or other remunera- tion of any kind shall be paid to ~he members of said Board. 3. The qualifications of the individual members of said Board shall be as follows: Two of the members shall be local residents with previous insurance experience of recognizable prestige, which m~mbers are no longer active nor have any financial interest in any local insurance agency. One member shall be a local resident who maintains and operates a local insurance agency. One member shall be a local building contractor. On~ member shall be a layman not identified or connected with any of the above activities. 2Ze powers and duties of th~ Board hereby created shall be limited solely to th~ advisory purposes hereinabove enumerated, unless specifically ~nlarged or designated by future resolution of ~his Council. Dated March 7, A. D. 1960. City Cle~. (COrPOrATE SEAL) CITY OF BgYNTON BEACH~ FLORIDA ~ ,' ? / ~ - Councilman :/ CoUh~ilm~fi' . ,'. Councilman -2-