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HomeMy WebLinkAboutR-2012-150 - Authorized the Purchase of Additional Flood Insurance from American Bankers Insurance Company of Florida not to exceed $8,849.00 for October 1, 2012 through September 30, 2012 RESOLUTION NO. 2012-150 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING THE PROPER CITY OFFICIALS TO PURCHASE ADDITIONAL FLOOD INSURANCE FROM AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA IN AN AMOUNT NOT TO EXCEED $8,849.00 FOR THE PERIOD FROM OCTOBER 1, 2012 THROUGH SEPTEMBER 30, 2013; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission approved the purchase of flood insurance from American Bankers Insurance Company of Florida in an amount not to exceed $32,997.00 on October 9,2012 under Resolution No. 2012-138;and WHEREAS, the insurance purchase inadvertently did not include flood coverage for the Marina Office/Restroom that should have been included in the original purchase approval; NOW,THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That the proper City officials are authorized to purchase flood insurance from American Bankers Insurance Company of Florida in an additional amount not to exceed $8,849.00 for the period from October 1, 2012 through September 30, 2013, to be funded from the General Fund, General Services—Insurance account for the building identified above. Section 2. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 3. That this Resolution shall become effective immediately upon its passage and adoption. PASSED AND ADOPTED on November 27, 2012. ATTEST: r C '. LOUISE STILSON, CMC WA TER B. DUKE III CITY CLERK MAYOR APPROVED AS O FO M AND CORRECTNESS: Is NRsr THO S . ANS RO CITY ATTORNEY Al �o �