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each of the respective Self-Insurance Funds shall be added to its <br /> Fund by each of the respective parties in accordance with the <br /> law. Withdrawals from the Self-Insurance Funds shall be made only <br /> by the Finance Director on behalf of the City and by the Treasurer <br /> on behalf of the Board. Unless otherwise agreed in writing by the <br /> parties, and except as provided in paragraph 7 below, withdrawals <br /> shall be for the sole purpose of paying claims or expenses as <br /> provided in this Agreement. <br /> <br /> After each Self-Insurance Fund is fully funded, if either <br />Self-Insurance Fund balance is reduced to a level below ~100,000 <br />due to the payment of claims and expenses, each party shall again <br />follow the procedure described above to appropriate S50,000 <br />annually, issue bonds or notes, or a combination of those methods, <br />until a balance of at least S250,000 is re-established in each <br />party's Self-Insurance Fund. <br /> <br /> 4. Claims Review Procedure. The Claims Administrators <br />shall meet to review any claim made pertaining to the Recreational <br />Programs or Facilities and shall determine which Claims <br />Administrator shall administer the claim or whether both Claims <br />Administrators shall administer the claim; provided, however, if <br />the claim involves a "serious injury", as defined from time to <br />time by the Claims Administrators, both Claims Administrators <br />shall administer the claim. <br /> <br /> The Claims Administrator or Administrators administering <br />a claim shall be responsible for handling all aspects of the <br />litigation and settlement negotiations involving the claim. If <br /> <br />-6- <br /> <br /> <br />