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'S4 FJ City of Sunny Isles Beach <br />17070 Collins Avenue, Suite 250 <br />U �� i Sunny Isles Beach, Florida 33160 <br />(305) 947 -0606 City Hall <br />(305) 947 -2150 Building Department <br />F L O R\O (305) 949 -3113 Fax <br />C,TY OF SUN PLO <br />MEMORANDUM <br />To: The Honorable City Commission <br />From: Richard Brown - Morilla, City Clerk <br />Date: April 18, 2002 <br />I °- <br />City Commission <br />David Samson, Mayor <br />Danny Iglesias, Vice Mayor <br />Norman S. Edelcup, Commissioner <br />Gerry Goodman, Commissioner <br />Lila Kauffman, Commissioner <br />Christopher J. Russo, City Manager <br />Lynn M. Dannheisser, City Attorney <br />Richard Brown - Morilla, City Clerk <br />Re: Resolution of Support for CS /SB 1418 That Authorizes Creation of a Citizen <br />Property Insurance Corporation To Provide For Windstorm Insurance Rate <br />Accountability; and Strongly Encouraging Governor Bush To Sign the <br />Legislation <br />RECOMMENDATION: <br />It is recommended that the City Commission add this item to your agenda and then adopt the <br />attached resolution. <br />REASONS: <br />Effective July 1, 2002, property owners in Sunny Isles Beach face the real possibility of huge <br />rate increases for windstorm insurance. Senator Ron Silver and Representative Sally Heyman <br />have worked hard to convince the State Legislature to enact CS /SB 1418. If Governor Bush <br />signs the recently enacted State legislation into law, it will provide windstorm insurance rate <br />relief for property owners in Sunny Isles Beach and in coastal communities throughout the state. <br />The new legislation will also provide re- insurance protection for covered properties, and will <br />require public hearings on the rate formula <br />Respectfully submitted, <br />c . k I -t"' - V0A6' <br />Richard Brown - Morilla, City Clerk <br />Comm. Memo Windstorm Ins Rate acct, Support CSSB 1418 CPIC <br />ADS- ON <br />Agenda Item q G <br />Date 1—is-o2 <br />