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To: James E. Chandler, County Administrator <br />TBRII: Jack Price, Personnel Director <br />FROM: Beth Jordan, Risk Manage pid� <br />DATE: 13 February199 <br />2 <br />BUWZCT: Request for Consent Agenda; Flood Insurance Renewal <br />Attached, please find the renewal quote for the County ' s Difference <br />in Conditions (Flood) insurance at the annual cost of $31,487.00. <br />This price is based upon the rate of $0.05 per $100.00 of value, <br />the same rate as was previously charged. <br />Please consider this for inclusion on the Board's February 25, <br />1992, consent agenda. Renewal date for this coverage is February <br />27, 1992. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner wheeler, the Board unanimously approved <br />renewal of flood insurance through Schlitt Services <br />as outlined in the following quote: <br />�� Sch/itf 5erW08,W <br />February 12, 1991 -� INVESTMENTS - INSURANCE <br />Indian River County <br />Board of County Commissioners <br />Attention: Beth Jordan - Risk Mgr. <br />1840 - 25th Street <br />Vero Beach, Florida 32960 <br />Re: Difference In Conditions - 3202723341 <br />Renewal date 02-27-92 <br />Dear Beth: <br />Renewal quotation as follows; <br />Limit: $10,000,000 per occurrence and annual aggregate. <br />Building and Contents, based on total values of $62,974,264. <br />Deductibles: $100,000 AOP, Including Earthquake <br />200,000 Flood <br />Valuation: Replacement Cost. <br />Conditions: Same as expiring. <br />Company: International Insurance C=Wany, rated A SIV. <br />Renewal Premium: $31,487. Rate is .05 per $100. <br />Please let us know your renewal decision on this valuable <br />protection. <br />13 <br />