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RESOLUTION NO. 2023 -�,)
<br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH,
<br />FLORIDA, APPROVING THE RENEWAL OF THE COMMERCIAL PACKAGE POLICY
<br />(PROPERTY, LIABILITY, AUTOMOBILE), WORKERS COMPENSATION, AND
<br />MISCELLANEOUS INSURANCES WITH BROWN & BROWN / PREFERRED
<br />GOVERNMENT INSURANCE TRUST (PGIT) FOR THE PERIOD OF OCTOBER 1,
<br />2023, THROUGH SEPTEMBER 30, 2024, IN AN AMOUNT NOT TO EXCEED ONE
<br />MILLION NINE HUNDRED THOUSAND DOLLARS AND NO CENTS ($1,900,000.00),
<br />AS OUTLINED IN EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO DO ALL
<br />THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN
<br />A99:141W:107_vu:1111
<br />WHEREAS, on September 15th, 2016, via Resolution No. 2016-2579, the City Commission
<br />entered into an Agreement with Brown & Brown/Preferred Government Insurance Trust (PGIT)
<br />as the City's provider for the Commercial Package Policy and Workers Compensation, and
<br />miscellaneous insurances, for a one-year period of October 1, 2016, through September 30,
<br />2017, in an amount not to exceed $1,000,000.00; and
<br />WHEREAS, on March 16th, 2017, via Resolution No. 2017-2670, the City Commission
<br />approved an increase in spending authority for additional insurance coverage with Brown &
<br />Brown/Preferred Government Insurance Trust (PGIT), in an amount not to exceed $150,000.00;
<br />and
<br />WHEREAS, on September 21St, 2017, via Resolution No. 2017-2720, the City Commission
<br />approved an Agreement with Brown & Brown/Preferred Government Insurance Trust (PGIT) as
<br />the City's provider for the Commercial Package Policy and Workers Compensation, and
<br />miscellaneous insurances, for a one-year period of October 1, 2017, through September 30,
<br />2018, in an amount not to exceed $1,350,744.75, which included a contingency amount of
<br />$200,000.00; and
<br />WHEREAS, on September 20th, 2018, via Resolution No. 2018-2853, the City Commission
<br />approved an Agreement with Brown & Brown/Preferred Government Insurance Trust (PGIT) as
<br />the City's provider for the Commercial Package Policy and Workers Compensation, and
<br />miscellaneous insurances, for a one-year period of October 1, 2018, through September 30,
<br />2019, in an amount not to exceed $1,500,000.00; and
<br />WHEREAS, on September 19th, 2019, via Resolution No. 2019-2974, the City Commission
<br />approved an Agreement with Brown & Brown/Preferred Government Insurance Trust (PGIT) as
<br />the City's provider for the Commercial Package Policy and Workers Compensation, and
<br />miscellaneous insurances, for a one-year period of October 1, 2019, through September 30,
<br />2020, in an amount not to exceed $1,500,000.00; and
<br />WHEREAS, on September 17th, 2020, via Resolution No. 2020-3092, the City Commission
<br />approved an Agreement with Brown & Brown/Preferred Government Insurance Trust (PGIT) as
<br />the City's provider for the Commercial Package Policy and Workers Compensation, and
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