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HomeMy WebLinkAboutCRA-R-11-0049City of Miami Legislation CRA Resolution: CRA-R-11-0049 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00949 Final Action Date: 10/24/2011 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE RENEWAL OF THE CRA'S COMMERCIAL GENERAL LIABILITY, PROPERTY, AND WORKERS' COMPENSATION INSURANCE COVERAGE, FOR AN ADDITIONAL ONE-YEAR PERIOD, WITH BROWN & BROWN OF FLORIDA, INC.; IN AN AMOUNT NOT TO EXCEED TEN THOUSAND SEVEN HUNDRED TWENTY THREE DOLLARS ($10,723); ALLOCATING FUNDING FROM SEOPW GENERAL OPERATING FUND, ACCOUNT CODE NO. 10030.920101.545000.0000.00000. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, pursuant to Florida Statutes Chapter 163.356(3)(d), the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency may appropriate to the CRA any amounts deemed necessary for the administrative expenses and overhead of the agency. The CRA requires general liability, property, and workers' compensation insurance coverage to carry out its operations; and WHEREAS, pursuant to Florida Statutes Chapter 163.370(2)(a), the CRA, through its Executive Director, shall have the power to make and execute contracts, herein the insurance agreement, necessary to effectuate the purposes and provisions of the Southeast Overtown/Park West Community Redevelopment Plan; and WHEREAS, to ensure uninterrupted coverage, the CRA will be required to renew its commercial general liability, property, and workers' compensation insurance, for an additional one-year period, through Brown & Brown of Florida, Inc.; and WHEREAS, the Board of Commissioners wishes to authorize the renewal of the CRA's combined insurance coverage, in an amount not to exceed Ten Thousand Seven Hundred Twenty Three Dollars($10,723); NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The renewal of the CRA's commercial general liability, property, and workers' compensation insurance coverage, for an additional one-year period, through Brown & Brown of City of Miami Page 1 of 2 File Id: 11-00949 (Version: 1) Printed On: 11/8/2022 File Number: 11-00949 Enactment Number: CRA-R-11-0049 Florida, Inc., in an amount not to exceed $10,723, is authorized. Section 3. $10,723 to be allocated from SEOPW General Operating Fund, Account Code No. 10030.920101.545000.0000.00000. Section 4. This resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 11-00949 (Version: 1) Printed On: 11/8/2022