Who has to sign and what does it mean? What if our City Manager or Mayor just resigned?
The Fund Contact is the person authorized by the member to make decisions about coverage and has the authority to verify information on the re-rate exposure summary. Members must select a Fund Contact as the legal connection between your local government and the Pool. By signing the re-rate exposure summary, the Fund Contact is accepting responsibility for the completeness of the information provided. If you have a last minute change in management, the summary can be signed by the interim ranking official or department head such as Mayor Pro-Tem, Interim Finance Director or the Board Director.
