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insurances, for a one-year period of October 1, 2020, through September 30, 2021, in an <br />amount not to exceed $1,500,000.00; and <br />WHEREAS, the City of Sunny Isles Beach is in need of various insurance coverages to <br />protect it from liabilities, catastrophes, and other issues that may arise for a one-year period of <br />October 1, 2021 through September 30, 2022; and <br />WHEREAS, staff recommends acceptance of the Brown & Brown/Preferred <br />Governmental Insurance Trust (PGIT) proposal for the Commercial Package Policy and Workers <br />Compensation, and miscellaneous insurances, in an amount not to exceed One Million Six <br />Hundred Thousand Dollars ($1,600,000.00), for a one-year period of October 1, 2021, through <br />September 30, 2022, attached hereto as Exhibit "A". <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Approval of Insurance Renewal. The City Commission hereby approves the <br />insurance renewal by Brown & Brown/Preferred Government Insurance Trust (PGIT) for the <br />Commercial Package Policy and Workers Compensation, and miscellaneous insurances, in an <br />amount not to exceed One Million Six Hundred Thousand Dollars ($1,600,000.00), for a one- <br />year period of October 1, 2021, through September 30, 2022, attached hereto as Exhibit "A". <br />Section 2. Authorization of City Manager. The City Manager is hereby authorized to do all <br />other things necessary to effectuate this Resolution. <br />Section 3. Effective Date. This Resolution shall become effective upon adoption. <br />PASSED AND ADOPTED this 14th day of Septembe 2 1. <br />ncur, CMC, City Clerk <br />Larisa Svechin, Mayor <br />APPROVED AS TO FORM <br />AND LEGAL S ICIENCY: <br />V -Edward A. Dion, City Attorney <br />@BCL@F40EC187.Doc Page 2 of 3 <br />