TITLE
Title
Approval of Renewal of Flood Insurance Policies for the attached Schedule of Properties
end
BACKGROUND INFORMATION
Request approval to renew Flood Insurance Policies through the National Flood Insurance Program for the attached schedule of properties for a total not to exceed $200,000.00 for the Policy Year 2019-2020. Last year we budgeted NTE $200,000.00 and and spent $181,994.00.
BUDGET INFORMATION
Item Budgeted? Yes
Total Cost: NTE $200,000.00
Budget Coding: 0110.7900.323.9802.0001
CONTRACT INFORMATION
Contract with: Arthur J. Gallagher Risk Management
Contract Purpose / Description: Flood Insurance Policies through the National Flood Insurance
Contract Originator:
Kathryn Flannery, x53342, Employee Benefits & Risk Management
James Drake, Executive Director, Finance and Performance
Board Meeting Date: 6/11/2019
RECOMMENDATION
Recommendation
Approval of Renewal of Flood Insurance Policies as outline above and in the attached schedule of properties for the Policy Year 2019-2020.