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HomeMy WebLinkAboutR-2017-063 Purchase Flood Insurance Hartford RESOLUTION NO. R— 2017-063 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 $13,917.00 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$13,917.00 for such insurance coverage; and WHEREAS, funds for such purpose were budgeted in the Fiscal Year 2017-2018 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 $13,917.00. 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 $13,917.00 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 tl7e Board of Aldermen and APPROVED by the Mayor of the City of Riverside, Missouri, the day of August, 2017. / O Mwy or Kathleen L. Rose u, n ;:ATTEST, Robiri'Kin aid, City Clerk CREDIT CARD COUPON ONLY CITY OF RIVERSIDE MISSOURI Select a Payment Option: (See reverse side for check payment op on.) 2950 NW VI VION RD RIVERSIDE,MO 64150-1502 1.To pay online,log on to:www.MyFloodxom PIN: FW0106942000 2.To pay by phone,call(866)667-9739 POLICY NUMBER 99012806252016 3.To pay by mall complete the Information below,detach,and return Is the enclosed envelope. Elvim 0 M raacA DDIKOVER PAYMENT DUE BY: 9/05/2017 CARD ell m SELECT COVERAGE OPTION: $14,126 11 $13,917 EXPIRATION DATE: / ItItLIIIDIdttILBBIlntI1111ptttLLLDLIt1dDdLtld cAaoxol.DER NAam cAnoxolnFnexoxa Nunmm HARTFORD FIRE INSURANCE COMPANY PO Box 2057 cAaoxol.DER aauxc AooDREss canoxotnaRalumczu coDE Kalispell,MT 59903-2057 CARDNOL ERSIGNATURE' Tele ph,iem,wblea waoateuoO 1br rea,om otlw flan arae m FOM n de Nei Flood Wverce Pronemm codnRWubm.bmann,invoWiogbSFngdRputm,mordlromi3Om.6W.naw dmlb, billi,pr..w ,amr.ewd. Payment must be received by the due date to retain the Policy Effective Date POLICY NUMBER: 99012806252016 Hartford Insurance Company of the Midwest FLOOD INSURANCE RENEWAL PREMIUM NOTICE IMPORTANT: THIS FLOOD INSURANCE POLICY WILL EXPIRE: 9/05/2017 PAYOR NAME&MAILING ADDRESS PRODUCER NAME&MAILING ADDRESS CITY OF RIVERSIDE MISSOURI PRODUCER#:03668-00000-000-00001 2950 NW VIVION RD COWELL INSURANCE GROUP INC RIVERSIDE,MO 64150-1502 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 9 -0-- 17 BUILDING DESCRIPTION: RESTROOMS If you are so longer responsible for the payment of the premium on this policy please notify your agent. az—Lloy � COVER A E DEDUCTIBLE PREMIUM OPTIONS BUILDIN BUILDING 1. Option 1 include@ a 10%increase in $215,400 $1,250 the amount of building coverage and a 5%increase in the amount of 1 $14,126.00 contents coverage. CONTENTS CONTENTS $3,400 $1,250 GE DEDUT BLE PREMIUM OPTIONS 2. Option 2 is the amount of insurance C MM coverage currently in force. $195,800 $1,250 2 $13,917.00 CONTENTS CONTENTS $3,200 $1,250 Primary Residence:N NOTE:If payment Is sent via Certified Mail,the postmark date is used as the premium receipt date,ensuring the earliest receipt date possible.Certified Mail can also be tracked at www.usps.com. Effective April 1,2016,policies currently receiving Pre-FIRM subsidized rates may not be eligible to maintain those rates at the next renewal when the policy payment is received more than 90 days atter policy expiration. Please see the enclosed notice for Important information about your policy renewal. Print Date: 7/07/2017 POLICY NUMBER: 99012806252016 sw Hartford Insurance Company of the Midwest FLOOD INSURANCE RENEWAL PREMIUM NOTICE IMPORTANT: THIS FLOOD INSURANCE POLICY WILL EXPIRE: 9/05/2017 PAYOR NAME&MAILING ADDRESS PRODUCER NAME&MAILING ADDRESS CITY OF RIVERSIDE MISSOURI PRODUCERN:036684X0000-000-00001 2950 NW VIVION RD COWELL INSURANCE GROUP INC RIVERSIDE,MO 64150-1502 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 - H you are no longer responsible for the payment of the premium on this policy please notify your agent. COVERAGE D COPTIONS BUILDING BUILDIN 1. Option I includes a 10%increase in $215,400 $1,250 the amount of building coverage and 1 $14,126.00 a 5%increase in the amount of CONTENTS CONTENTS contents coverage. $3,400 $1,250 V 2. Option 2 is the amount of insurance BOL—DEINBUILDIN coverage currently in force. $195,800 $1,250 2 $13,917.00 CONTENTS CONTENTS $3,200 $1,250 Primary Residence:N NOTE:If payment is sent via Certified Mall,the postmark date is used as the premium receipt date,ensuring the earliest receipt date possible.Certified Mag can also be tracked at www.uspe.com. Effective April 1,2016,policies currently receiving Pre-FIRM subsidized rates may not be eligible to maintain those rates at the next renewal when the policy payment is received more than 90 days after policy expiration. If paying by CHECK,please detach and return bottom remittance.portion with your payment in the enclosed envelope. Print Date: 7/07/2017 NS PLEASE DO NOT STAPLE I��DMSOA G 1S PRODUCER 03668 000000000000001 2950 NW VIVION RD RIVERSIDE,MO 64150-1502 POLICY NUMBER 99012806252016 RENEWAL EFFECTIVE DATE: 9/05/2017 Payment must be received by the due date to retain the Policy Effective Date PAYMENT DUE BY: 9/05/2017 SELECT COVERAGE OPTION: CHECK PAYMENT COUPON ONLY ❑ $14,126 ❑ $13,917 Make check payable to: (See reverse side for credit card payment option.) HARTFORD FIRE INSURANCE COMPANY IIDdtLIndLLnIuIIDDIIudIIDJ6drLDIIDIDJLI Please see the enclosed notice for important information HARTFORD FIRE INSURANCE COMPANY about your policy renewal. PO Box 731178 Dallas,TX 75373-1178 990128062520161968211780014126000013917009 Online Payment Page 1 of 1 Online Payment Step 3: Confirm Payment 1 1 2 1 3 Thank you. Your transaction has been successfully completed. Pay.gov Tracking Information Application Name:FEMAFLOODNFSIE Pay.gov Tracking ID:2640TBDJ Agency Tracking ID:56298655 Transaction Data and Time:08/02/2017 11:36 EDT Payment Summary Address Infomwtion Account Information Payment Information Account Holder CITY OF RIVERSIDE Card Type:Visa Payment Amount:$13,917.00 Name:MISSOURI Card Number:** """"0058 Transaction Date 08/02/2017 11:36 Billing Address:2950 NW VIVION RD and Time:EDT Billing Address 2: City: RIVERSIDE State/MO Province: Zip/Postal 1501502 Code: Country:USA https://www.pay.gov/agency/payments/authorizePlasticCardPayment.htmi 08/02/2017