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RESOLUTION NO. 2014- z -92-
<br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
<br />SUNNY ISLES BEACH, FLORIDA, APPROVING THE RENEWAL
<br />OF THE COMMERCIAL PACKAGE POLICY (PROPERTY,
<br />LIABILITY, AUTOMOBILE), WORKERS COMPENSATION,
<br />AND MISCELLANEOUS INSURANCES WITH BROWN &
<br />BROWN / PREFERRED GOVERNMENT INSURANCE TRUST
<br />(PGIT) FOR THE PERIOD OF OCTOBER 1, 2014 THROUGH
<br />SEPTEMBER 30, 2015, IN AN AMOUNT NOT TO EXCEED ONE
<br />MILLION DOLLARS ($1,000,000.00), AS OUTLINED IN EXHIBIT
<br />"A"; AUTHORIZING THE CITY MANAGER TO DO ALL
<br />THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION;
<br />PROVIDING FOR AN EFFECTIVE DATE.
<br />WHEREAS, on September 19, 2013 via Resolution No. 2013 -2098, the City
<br />Commission entered into an Agreement with Brown & Brown/Preferred Government Insurance
<br />Trust (PGIT) as the City's provider for the Package Policy and Workers Compensation, and
<br />miscellaneous insurances, for a one -year period of October 1, 2013 through September 30, 2014,
<br />in the total amount of Eight Hundred Sixty -Five Thousand Nine Hundred Fifty Dollars
<br />($865,950.00); and
<br />WHEREAS, the City has the option to exercise three (3) one -year renewals; and
<br />WHEREAS, the City of Sunny Isles Beach is in need of various insurance coverage to
<br />protect it from liabilities, catastrophes, and other issues that may arise for a one -year period of
<br />October 1, 2014 through September 30, 2015; 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 Dollars
<br />($1,000,000.00) for a one -year period of October 1, 2013 through September 30, 2014, attached
<br />hereto as Exhibit "A ".
<br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
<br />CITY OF SUNNY 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, for a
<br />one -year period of October 1, 2014 through September 30, 2015, in an amount not to exceed One
<br />Million Dollars ($1,000,000.00), as outlined in Exhibit "A ", attached hereto.
<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 />R2014- Pgit Insurance Renew(Property, Casualty, Auto, Workers Comp) Page 1 of 2
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