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Reso 2014-2282
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Reso 2014-2282
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Last modified
1/8/2015 3:01:47 PM
Creation date
9/22/2014 11:31:29 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2014-2282
Date (mm/dd/yyyy)
09/18/2014
Description
PGIT for Commercial Package Policy, Workers’ Comp & Misc. Ins. for FY 2014/15.
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e,a <br />PROPOSED PROPERTY COVERAGE <br />Attachment number 1 <br />A- f I <br />Insurer• <br />Preferred Governmental Insurance Trust <br />Not Rated by A.M. Best <br />w <br />.� Location of Premises: <br />Per Schedule Attached <br />Description of Property: Limits of Coverage: <br />rr <br />Per Blanket Building and Contents Limit $ 41,651,901 <br />Values Insured are Ultimately Chosen by the Client. In view of the continually <br />changing cost of construction and building materials, we strongly suggest that you <br />review your property values annually. ANY changes in the occupancy of an insured <br />location, should be reported to our office immediately. Changes in occupancy can <br />potentially reduce or ne ate the coverage afforded by your property policy. <br />Description of Coverage Proposed: <br />Policy Forms: <br />Building & Personal Property Coverage Form — SPECIAL <br />w Causes of Loss: <br />Special Form: <br />F ` Excluding Earthquake and Earth Movement <br />Coinsurance: <br />s <br />Building & Personal Property N/A <br />Deductible Selected: <br />All Other Perils $ 5,000 Per Occurrence — Building & Contents and <br />Extensions of Coverage <br />Named Windstorm 5% Per Occurrence — Subject to $20,000 Minimum <br />Flood $ 5,000 Per Flood, Except Zones A, V excess of NFIP, <br />whether purchased or not <br />.r <br />Valuation: <br />Replacement Cost <br />Agenda Item No. l0A <br />5 112 <br />
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