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GEORGE MCKENNA, ASSISTANT COUNTY ADMINISTRATOR DISCUSSED WITH <br />THE.BOARD A COMPARISON REPORT FROM ARDEN INSURANCE SERVICES OF INSURANCE <br />COVERAGE ON EXISTING COUNTY PROPERTY VALUES AND THERE.RECOMMENDED INCREASES, <br />AS WAS PREVIOUSLY DISCUSSED AT THE LAST MEETING. <br />THE BOARD DISCUSSED ITEM 6 m DRESSING ROOM BUILDING, AMBERSAND <br />BEACH o NO CONTENTS m PROPOSED TO BE INSURED AT $15,000.00. THE BOARD <br />FELT THIS WAS TOO HIGH AND STATED IT SHOULD BE SELF-INSURED FOR PROPERTY <br />DAMAGE ONLY. <br />ITEM 20 m FRAME SHED _ 1600 41sT ST., -THE BUILDING IS PROPOSED TO <br />BE INSURED AT $$,000.00. THE BOARD DID NOT AGREE WITH THIS AMOUNT. <br />ITEM 9 - OFFICE BUILDING m 1602 20TH ST. THIS SHOULD BE ELIMINATED <br />FROM THE PROPOSAL AS THE COUNTY DOES NOT RENT THIS BUILDING. <br />ITEM 21 e STORAGE BUILDING e 1600 41 ST., THE CONTENTS ARE PROPOSED <br />AT $25,000.00. THE BOARD QUESTIONED THIS AMOUNT AND FELT IT WAS TOO HIGH. <br />THE PROPERTY VALUES PRESENTED IN THE COMPARISON REPORT FROM <br />HAMILTON G. ARDEN, JR., WITH ARDEN INSURANCE SERVICES DATED OCTOBER 9TH, <br />REFLECT AN INSURED VALUE INCREASE OF $1,716.300. OR 88%. THE PRESENT <br />PROPERTY PREMIUM IS $2,900.00 WHICH WILL INCREASE TO $6,500.00, A 79& <br />INCREASE. <br />MR, MCKENNA..IN REVIEWING THIS COMPARISON REPORT SUGGESTED THAT <br />THE FOLLOWING BUILDING CONTENTS BE ELIMINATED:., <br />Item No. <br />Building <br />4 Community Building <br />Bay St. - Roseland <br />Recouunended <br />contents insurance <br />$5,000. <br />Community Building $5,000 <br />Rockridge <br />7 Winter Beach Community $5,000 <br />Bldg. (School) <br />8 Ambulance Squad (Beach) $5,000 <br />3801 Indian River Blvd. <br />9 Office Building $7,000 <br />1603 - 20th St. <br />15 Ambulance Squad Bldg. $10,000 <br />1727 - 17th Ave.. <br />° Item 4 <br />5 <br />7 <br />8 <br />9 <br />15 <br />OCT 221975 <br />Comment <br />Eliminate - not County <br />property. <br />County owns folding chairs. <br />only. Value estimated $1,500. <br />Reduce $5„00.0 value to. $1,500. <br />Eliminate - no County proper- <br />ty in building. <br />Eliminate - contents belong <br />to Ambulance Squad <br />Eliminate - Bldg. no longer <br />rented by County <br />Eliminate - contents belong <br />to Ambulance Squad <br />Total Reduction - contents <br />$5,000 <br />$3,500 <br />$5,0004 <br />$5,000 <br />$7,000 <br />$10,000 <br />$35,000 <br />($5,000 to $1,500) <br />23 <br />8001( 24 ,At,E 57 <br />'1 <br />