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RECOMMENDATION: <br />Staff recommends that the Board approve the proposed renewal and authorize staff to bind coverage <br />for May 1, 2024, through April 30, 2025, with a current annual premium of $4,109,489.04. The <br />renewal premium is based upon the current schedule of values, coverage selections and includes the <br />annual broker fee of $125,000. <br />ATTACHMENT: <br />AJG Executive Summary <br />78 <br />