HomeMy WebLinkAboutR-2013-080 Flood Ins - Hartford Ins - 1001 Argosy Parkway RESOLUTION NO. R — 2013 -080
A RESOLUTION AUTHORIZING THE PURCHASE OF FLOOD INSURANCE FROM THE
HARTFORD INSURANCE COMPANY OF THE MIDWEST FOR PROPERTY LOCATED AT 1001
ARGOSY PARKWAY IN AN AMOUNT NOT TO EXCEED $11,121.00
WHEREAS, the City of Riverside has a need for flood insurance coverage at 1001 Argosy
Parkway; and
WHEREAS, the City of Riverside in the adoption of its purchasing policy requires all
expenditures in excess of $10,000 to be presented to the Board of Aldermen for approval and the
City's insurance carrier for flood insurance required at 1001 Argosy Parkway has presented an
invoice in the amount of $11,121 for such insurance coverage; and
WHEREAS, funds for such purpose were budgeted in the Fiscal Year 2013 -2014 budget;
and
WHEREAS, the Board of Aldermen find it is in the best interest of the citizens of the City of
Riverside to authorize acquisition of such insurance coverage and approve the payment to Hartford
Insurance Company of the Midwest for flood insurance coverage for property located at 1001
Argosy Parkway, in an amount not to exceed $11,121.00.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT, the acquisition of such insurance coverage and payment to Hartford Insurance
Company of the Midwest for flood insurance coverage on property located at 1001 Argosy Parkway,
in an amount not to exceed $11,121.00 is hereby authorized and approved; and
FURTHER THAT the Mayor, City Administrator, or either of their designees, are hereby
authorized to execute all documents necessary or incidental to this transaction and the City Clerk is
authorized to attest thereto.
PASSED AND ADOPTED by the Board of Aldermen and APPROVED by the Mayor of
the City of Riverside, Missouri, the 61 —day of August, 2013.
Mayor Kathleen L. Rose
ATTEST:
Robin Littrell, City Clerk
•
POLICY NUMBER: 99012806252012
Hartford Insurance Company of the Midwest
FLOOD INSURANCE RENEWAL PREMIUM NOTICE
IMPORTANT: THIS FLOOD INSURANCE POLICY WIT .T EXPIRE: 9/05/2013
PAYOR NAME & MAILING ADDRESS PRODUCER NAME & MAILING ADDRESS
CITY OF RIVERSIDE MISSOURI RECEIVED PRODUCER #:03668 -00000- 000 -00001
2950 NW VIVION RD COWELL INSURANCE GROUP INC
RIVERSIDE, MO 64150-1502
JUL 1 5 2013 10525 N AMBASSADOR DR STE 301
KANSAS CITY, MO 64153 -1284
(816)587-4419
INSURED NAME LOCATION OF INSURED PROPERTY
1001 ARGOSY PARKWAY
CITY OF RIVERSIDE MISSOURI RIVERSIDE, MO 64150 -0000
BUILDING DESCRIPTION: RESTROOMS
If you are no longer responsible for the payment of the premium on this policy please notify your agent.
COVERAGE DEDUCTIBLE PREMIUM OPTIONS
BUILDING BUILDING
1. Option t includes a 10% increase in $215,400 $1,000
the amount of building coverage and
a 5% increase in the amount of 1 $11,304.00
CONTENTS CONTENTS
contents coverage. $3,400 $1,000
COVERAGE DEDUCTIBLE PREMIUM OPTIONS
2. Option 2 is the amount of insurance BUILDING BUILDING
coverage currently in force. $195,800 $1,000
2 $11,121.00
$3 ,2 Slgrr$1 s
tor Approval to Pai
ALL CHANGES TO THIS POLICY MUST BE ADDRESS O THE AGENT/P DUCER SHOWN ON THE FORM.
If paying by CHECK, please detach and return bottom remittance portion with your payment in the enclosed envelope.
Print Date: 7 /07/2013
JSURED NAME & MAILING ADDRESS PLEASE DO NOT STAPLE
CITY OF RIVERSIDE MISSOURI PRODUCER 03668 - 00000 - 000 -00001
2950 NW VIVION RD
RIVERSIDE, MO 64150 -1502 POLICY NUMBER 99012806252012
RENEWAL EFFECTIVE DATE: 9/05/2013
tyment must be received by the due date to retain the Policy Effective Date PAYMENT DUE BY: 9/05/2013
SELECT COVERAGE OPTION:
;HECK PAYMENT COUPON ONLY ❑ $11,304 X, $11,121
Make check payable to:
iee reverse side for credit card payment option.) HARTFORD FIRE INSURANCE COMPANY
ease see the enclosed notice for important information HARTFORD FIRE INSURANCE COMPANY
about your policy renewaL
PO Box 731178
Dallas, TX 75373 -1178
90128062520121968211780011121000011304007