HomeMy WebLinkAboutCRA-R-05-0040 Cover Memoi
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SEOPW and Omni Board of Directors Meeting
September 26, 2005
Item # 10
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: Chairman Johnny L. Winton
And Members of the CRA Board
Date: 09/15/05 File:05-00868
Subject: Ratification of Property
Insurance Policy
From: Frank K. Rollason References:
Executive Director
Enclosures: Supporting Document;
Legislation
RECOMMENDATON:
It is recommended that the Board of Directors for both the Omni and Southeast Overtown Park West
Community Redevelopment Agencies (SEOPW CRA's) approve and adopt the attached Resolution ratifying
the action taken by the Executive Director in renewing the annual Property Insurance Policy through the
City of Miami's insurance Broker, Brown and Brown, at a cost of $8,979.00.
JUSTIFICATION:
The annual policy for the Omni and SEOPW CRA's insurance was set to expire on June 23, 2005. We
renewed the existing policy through Brown and Brown for the time period of June 24, 2005 through June 23,
2006 at a cost of $8,979.00. This policy covers the contents of the CRA offices located at 49 NW 5th Street,
Suite 100, to include furniture and computer equipment.
FUNDING SOURCE: $8,979.00 from General Operating TIF Account No. 689004.550011.6.650 entitled
Insurance Liability
FKR/eh