HomeMy WebLinkAboutCRA-R-07-0029 memoSEOPW & Omni Boards of Commissioners Meeting
June 25, 2007
SOUTHEAST OVERTOWN/PARK WEST Item #7
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: June 15, 2007 File: 07-00800
and Members of the CRA Board
Subject: Ratification of Renewal of CRAs' Property and
General Liability Insurance Policy
From: James H. Villacorta References:
Executive Director y
Enclosures: Supporting Documentation and
Legislation
BACKGROUND:
The attached resolution ratifies the Executive Director's actions in renewing the Southeast Overtown/Park West
and Omni Redevelopment District Community Redevelopment Agencies' property and commercial general
liability insurance policy. This policy covers the contents of the CRA offices at 49 N.W. 5I ' Street, Suite 100,
including furniture and computer equipment.
41111/ JUSTIFICATION:
The property and commercial general liability insurance policy for the redevelopment agencies was set to expire
on June 23, 2007. To ensure uninterrupted coverage, the existing policy was renewed through the City of
Miami's broker, Brown & Brown Insurance, for the period of June 23 2007 through June 23, 2008 at a cost not to
exceed $10,309.
FUNDING SOURCE: $10,309 General Operating Fund, "Insurance," Account Code No,
10030.920101.545000.0000.00000.
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