Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Bind Renewal Policies With Hartford Insurance Company Of The Midwest For Flood Insurance For The Charnow Building And Fire Station 40, For A Not To Exceed Amount Of $27,136.00.
Body
Staff Recommends: Approval of Attached Resolution
Explanation:
The City desires to secure renewal coverage for flood insurance products. The coverage includes the Charnow Building, 1617 N Surf Road, $8,503.00, and Fire Station 40, 707 Ocean Drive, $18,633.00. The general terms and conditions for all coverage are the same as last year. The total renewal costs for the aforementioned insurance policies are an estimated increase of $810.00 from the cost of the previous year.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
George R. Keller, Assistant City Manager for Finance & Administration
Tammie L. Hechler, Director of Human Resources