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<br />RESOLUTION NO. 2006- ...9.n <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, APPROVING <br />THE PURCHASE OF BUILDERS RISK INSURANCE FOR <br />THE ACTIVE PARK, THROUGH THE CITY'S <br />INSURANCE BROKER, BROWN & BROWN INSURANCE, <br />INC., IN THE AMOUNT OF FIFTY-THREE THOUSAND <br />FIVE HUNDRED SIXTY-NINE DOLLARS ($53,569.00); <br />AUTHORIZING THE CITY MANAGER TO DO ALL <br />THINGS NECESSARY TO EFFECTUATE THIS <br />RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of Sunny Isles Beach wishes to develop the 181't Drive Active <br />Park located at 18115 North Bay Road; and <br /> <br />WHEREAS, the contract between the City and General Contractor for the Active Park <br />requires that the City provide Builders Risk Insurance to protect the City from damages that may <br />occur to the Active Park structures during the time frame of construction; and <br /> <br />WHEREAS, the City's Insurance Broker, Brown & Brown Insurance, Inc., has provided <br />proposals from two insurance agencies, in the amount of Fifty-Three Thousand Five Hundred <br />Sixty-Nine Dollars ($53,569.00), attached hereto as Exhibit "A". <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of Purchase. The City Commission hereby approves the purchase of <br />Builders Risk Insurance for the Active Park through the City's Insurance Broker, Brown & <br />Brown Insurance, Inc., in the amount of$53,569.00, attached hereto as Exhibit "A". <br /> <br />Section 2. Authoritv of Citv Manager. The City Manager is hereby authorized to do all <br />things necessary to effectuate this Resolution. <br /> <br />Section 3. <br /> <br />Effective Date. This Resolution shall become effective upon adoption. <br /> <br />PASSED AND ADOPTED this 21 ,t day of September 2006. <br /> <br />ATTEst:. \. , <br />\,' " <br /> <br /> <br />d"~' <br />,-, , <br />';".' . . <br />,".. '-, <br /></~.A- 1-" ',',' <br />Jane A. Hmes,<CMC, City Clerk <br />"-",. , <br /> <br />R2006- Purchase Builders Risk Insurance <br /> <br />Page 1 of2 <br />