290-25 Resolution Approving Central Jersey JIF 2026-2028.pdf

290-25 December 30, 2025 RESOLUTION WHEREAS, a number of local governmental units in the State of New Jersey have joined together to form a Joint Insurance Fund as permitted by the Chapter 372 Laws of 1983 (40A:10-36); and WHEREAS, the statutes and regulations governing the creation and operation of a Joint Insurance Fund contain elaborate restrictions and safeguards concerning the safe and efficient administration of the public interest entrusted to such a Fund; and WHEREAS, the Governing Body of the Township of West Orange has determined that membership in the Central Jersey Joint Insurance Fund (hereinafter referred to as the “Fund”) is in the best interests of itself and its citizens; and NOW, BE IT HEREBY RESOLVED, the Governing Body of the Township of West Orange (hereinafter referred to as the “Municipality”) does hereby resolve and agree to membership in the Fund for a period not to exceed three (3) years beginning January 1, 2026 to December 31, 2028 for the purpose of establishing the following types of coverage: • Property Coverage • Automobile Coverage • General Liability Coverage • Worker’s Compensation Coverage • Public Official’s Liability Coverage • Employment Practices Liability Coverage • Law Enforcement Legal Liability Coverage • Underground Storage Tank Coverage

4816-9313-4310, v. 1 • Cyber Liability Coverage BE IT FURTHER RESOLVED, the Municipality has never defaulted on claims and has not been canceled for nonpayment of insurance premiums for a period at least two years prior to the adoption of this Resolution; and BE IT FURTHER RESOLVED, the Mayor and the Business Administrator are authorized and directed to execute the Indemnity and Trust Agreement and such other documents signifying membership in the Fund and to deliver same to the Executive Director of the Fund with the express reservation that said document shall become effective only upon approval by the New Jersey Department of Insurance and the Department of Community Affairs. Karen J. Carnevale, R.M.C. Joe Krakoviak, Municipal Clerk Council President