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CITY OF CENTERVILLE <br /> REQUEST FOR <br /> COUNCIL ACTION entervi(Ce <br /> E77 <br /> Agenda Item# Department: Requested Council Meeting Date: <br /> Administration/Finance 2/28/18 <br /> TITLE OF ISSUE: <br /> Adjustments to Property Insurance <br /> BACKGROUND AND SUPPLEMENTAL INFORMATION: <br /> Each year, we sit down with our insurance agent to review coverage options. Staff is recommending the <br /> following changes: <br /> - a. Drop coverage on Vacant Home/Garage at 1737 Main Street(+/- $640) <br /> b. Elect coverage for Fireworks, through LMCIT, but not through vendor (previously, we have taken <br /> coverage through both, which is duplicative). (+/- $250) <br /> c. Liability Coverage -Waiver Form <br /> COST AND SOURCE(S) OF FUNDING: <br /> Total savings to General Fund+/- $940 <br /> REQUESTED COUNCIL ACTION: <br /> Motion to approve changes to insurance elections. <br /> For Clerk's Use: <br /> SUPPORTED DOCUMENTS ATTACHED <br /> Motion By: <br /> Resolution Ordinance Contract Minutes Plan Map <br /> Second By: <br /> Vote Record: A e Nay <br /> King Other(specify) Property Insurance Inventory <br /> Love <br /> Paar <br /> Koski <br /> Montain <br /> Administration Department Use: <br /> Refer to: <br /> Consent <br /> Tabled Until: <br /> Regular <br /> Other: <br /> 38 <br />