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HomeMy WebLinkAboutCRA-R-12-0057City of Miami Legislation CRA Resolution: CRA-R-12-0057 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00968 Final Action Date: 9/13/2012 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE PURCHASE OF COMMERCIAL GENERAL LIABILITY AND PROPERTY INSURANCE COVERAGE FOR THE PROPERTY LOCATED AT 1401 NORTH MIAMI AVENUE, MIAMI, FLORIDA ("FIRE STATION NO. 2"), THROUGH BLUEPRINT INSURANCE COMPANY, FORA ONE (1) YEAR PERIOD COMMENCING SEPTEMBER 1, 2012, IN AN AMOUNT NOT TO EXCEED $35,000; ALLOCATING FUNDS FROM THE OMNI GENERAL OPERATING FUND, "INSURANCE," ACCOUNT CODE NO. 10030.920101.545000.0000.00000. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") owns the property located at 1401 North Miami Avenue, Miami, Florida ("Fire Station No. 2"); and WHEREAS, pursuant to Chapter 163.356(3)(d), Florida Statutes the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency may appropriate to the CRA any amounts deemed necessary for the administrative expenses and overhead of the agency; and WHEREAS, the CRA must purchase commercial general liability and property insurance coverage to protect against loss and any other potential risk; and WHEREAS, in August of 2012, the CRA received quotes from insurance brokers, the lowest quote being provided by Blueprint Insurance Company; and WHEREAS, the Board of Commissioners wishes to authorize the purchase of commercial general liability and property insurance coverage for the property located at 1401 North Miami Avenue, Miami, Florida ("Fire Station No. 2"), through Blueprint Insurance Company, for a one (1) year period commencing September 1, 2012, in an amount not to exceed $35,000; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT 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 purchase of commercial general liability and property insurance coverage for the property located at 1401 North Miami Avenue, Miami, Florida ("Fire Station No. 2"), through Blueprint Insurance Company, for a one (1) period commencing September 1, 2012, in an amount not to exceed $35,000, is authorized. Section 3. Funds to be allocated from Omni General Operating Fund, "Insurance," Account Code No. 10030.920101.545000.0000.00000. City of Miami Page 1 of 2 File Id: 12-00968 (Version: 1) Printed On: 11/1/2022 File Number: 12-00968 Enactment Number: CRA-R-12-0057 Section 4. This resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL City of Miami Page 2 of 2 File Id: 12-00968 (Version: 1) Printed On: 11/1/2022