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WHEREAS, pursuant to R.C. Section 755.16, the parties <br />hereby desire to enter into this Agreement, which shall serve as <br />an amendment to all Prior Agreements, the provisions of this <br />Agreement controlling in the event of any inconsistency between <br />any Prior ~reement and this Agreement. <br /> <br /> NOW, T~EREFORE, in consideration of the mutual promises <br />and the agreements of the parties as herein contained, and for <br />other valuable considerations the receipt of which are hereby <br />acknowledged by each party, the parties agree as follows= <br /> <br /> 1. Purpose. The sole purposes of this Agreement are to <br />establish a self-insurance program to cover Recreational Programs <br />and Recreational Facilities and a procedure for administering <br />claims arising out of the operation of Recreational Programs and <br />Recreational Facilities subsequent to May 14, 1986. <br /> <br /> 2. Claims Administrators. The City and the Board shall <br />each designate one individual to act as its Claims Administrator, <br />to review, administer, settle or defend, as appropriate, any and <br />all claims made against the City and/or the Board arising out of <br />the operation of the Recreational Programs and Recreational <br />Facilities. Each party shall notify the other in writing of the <br />appointment of its Claims Administrator. Each party shall <br />compensate its Claims Administrator, and Claims Administrators <br />shall not be compensated out of the Self-Insurance Funds described <br />in paragraph 3. <br /> <br />-4- <br /> <br /> <br />