Loading...
Resolution No. 3007486 RESOLUTION NO. 3007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ENDORSING THE "FAIR RESPONSIBILITY ACT OF 1986". 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 judgements, settlements, 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 judgement because the defendants most at fault cannot pay; and WHEREAS, the cost of this is 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. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cypress endorses the "Fair Responsibility Act of 1986" and urges its support and passage to relieve the financial strain imposed on local government and its taxpayers. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 12th day of November 1985. A71hST: rite / CITY CLERK OF E CITY/OF CYPRESS STATE OF CALIFORNIA ) SS COUNTY OF ORANGE MAY OF THE CITY CYPRESS F I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 12th day of November 1985; by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Coronado, Lacayo, Mullen, Partin and Kanel NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CIOF CYPRESS