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DATE SUBMITTED: 12/6/06
AGENDA BILL
CITY OF BREMERTON
CITY COUNCIL
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SUBJECT: Purchase of Property Insurance
Committee Meeting Date: December 13,2006
COUNCIL MEETING Date: December 27,2006
Department: Financial Services
Presenter: Peggy Lesser 19;<('
Phone: 473-5302
SUMMARY: Bremerton's property insurance expires on December 31, 2006. Renewal
specifications have been marketed to a variety of insurers. Risk Management recommendations for
replacement coverage are detailed on the handout provided to City Council members.
ATTACHMENTS:
FISCAL IMPACTS (Include Budgeted Amount): Sufficient funds have been included in the 2007
Risk Management Fund budget.
APPROV ALS:
DEPARTMENT DIRECTOR.
CITY ATTORNEY:
FINANCE DIRECTOR:
MA YOR:
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RECOMMENDED MOTION: Move that the Bremerton City Council authorize the Risk Manager
to purchase property insurance, as recommended by the Risk Manager, for 2007.
I CONSENT AGENDA,tr1 fl
FISCAL/BUDGET:
OPERA nONS:
COUNCIL PRESIDENT:
COUNCIL ACTION: ~rove
D Deny
D Table
D Continue D No Action