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<br />Preview <br /> <br />Page 1 of 1 <br /> <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br /> <br />MElVLORANDUM <br /> <br />TO: <br /> <br />The Honorable Mayor and City Commission <br /> <br />FROM: <br /> <br />Rick Conner, Acting City Manager <br /> <br />DATE: <br /> <br />6/18/2009 <br /> <br />RE: <br /> <br />Approval of the bond premlUm payment for the Emergency Debris <br />Removal Contractor <br /> <br />RECOMMENDATION: <br /> <br />We recommend approval of the Resolution authorizing payment of the <br />performance bond premium for the Emergency Debris Removal Contractor. <br /> <br />REASONS: <br /> <br />Last year the City went through an extensive process to select a consulting <br />engineer to develop a Debris Removal Plan for the City in case of a natural <br />disaster. Part of that process was to also develop an RFP to select an <br />experienced Contractor. We also went through that process and chose Ashbritt. <br />This firm specializes in this exact type of work. To ensure that they would be <br />here when we needed them, the Commission wisely required a performance <br />bond. Ashbritl did not acquire the bond last year, stating that they would have to <br />make a cash out-of-pocket payment without any guarantee that they would in <br />fact be awarded any work. That turned out to be the case because we had no <br />hurricanes impacting Sunny Isles Beach. They have proposed, and staff agrees, <br />that the City pay the annual bond premium cost (approximately $5,500) and if an <br />event occurs, Ashbritl would then reimburse the City for all bond premiums paid <br />to date. We are therefore asking your approval of this process, a very <br />inexpensive "insurance policy" in case of a natural disaster. <br /> <br />FUNDING SOURCE: <br /> <br />The funds would come from Account Number 10-539-5344, for Emergency <br />Recovery . <br /> <br />Agenda Item ~ 0 ~ <br /> <br />http://sibagenda.sibfl.net/agenda/Preview. aspx?I temI D=3 6&M eetingID: Date <br /> <br />G.-\~-O~ <br />