2012-0328 Special Commission Meeting

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Summary Minutes: Special City Commission Meeting March 28. 2012 Sunny Isles Beach, Florida entitled to a 10% discount in their Flood Insurance, and as a result of this new rating they are now cligible for a 15% discount in their Flood Insurance, it applies to every building in Sunny Isles Beach including all the ones on the east side of Collins Avenue, which is what Commission Aelion had asked about. Vicc Mayor Thaler askcd how do we make our residents aware of it, and City Manager Cohen said that this is onc of the reasons why he is saying it tonight on air, and we will put an article in the newspaper, this is something that should happen as a matter of fact with insurance companics providing local coverage to our community. Your insurance agent, when you renew, should look at your new CRS rating and your new rate should reflect the 15% discount. Mayor Edelcup said all you have to do is rcmind them, all the insurance companies arc on their own, when you negotiate with your insurance agent ask them to make sure you have the new rate. Commissioner Aelion said what he was pointing out is that on the east side of Collins A venue there are certain high rises that are deemed flood zonc and some that are not. City Manager Cohen said that technically we are all in a flood zone. There are different elevation requirements along the beach, some properties are required to be built 8 feet above high tide, and other buildings are required to bc built 10 fect above because of specifically where they sit, and some buildings only require 7 feet. All of them are eligible for the same discount. 5. ADJOURNMENT Mayor Ede1cup adjourncd the meeting at 7:23 p.m. Respectfully submittcd by: Approved by the City Commission on April 19, 2012 i~,i"1~ ~tu A:~ Jane A. Hines, CMC, City Clerk 13