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"SJ~NY rStF City of Sunny Isles Beach <br /> :-., 9 <br /> - 18070 Collins Avenue <br /> ► ' = ?) <br /> F : <br /> s Q -T <br /> Sunny Isles Beach, <br /> Florida 33160 <br /> '�stF ? ¢ 4 (305)947-0606 City Hall. )lF`o� "y <br /> c' '•`8 svK <br /> (305)949-3113 Fax <br /> MEMORANDUM <br /> TO: The Honorable Mayor and City Commission <br /> VIA: Christopher J. Russo, City Manager <br /> FROM: Stan Morris, Deputy City Manager <br /> DATE: 6/20/2013 <br /> RE: Additional Insurance Coverage with Brown & Brown/Preferred <br /> Government Insurance Trust <br /> RECOMMENDATION: <br /> It is recommended that the City Commission approve the attached resolution <br /> ratifying an additional $75,700 in insurance with Brown & Brown/Preferred <br /> Governmental Insurance Trust, to include necessary coverage taken out over the <br /> past 7 (seven) months related to capital projects, inadequate coverage, and <br /> increases due to an insurance company audit for the following: <br /> 2012 Workers Compensation Audit $17,000 <br /> Pier Property Insurance $22,000 <br /> Glass Policy for Government Center $7,100 <br /> Pier Builder Risk $11,000 <br /> Miscellaneous Property Deductibles $7,900 <br /> Inland Marine Coverage $9,000 <br /> Crime/Fidelity $1,700 <br /> Total: $75,700 <br /> Agenda Item No.10E <br /> Date 6/20/2013 / <br /> 100 <br />