SUBJECT: Approval of Property, Boiler and Machinery Insurance Renewal Through Alliant Property Insurance Program in the Amount of $1,049,070.11 for Program Year 2023/2024 REPORT IN BRIEF Considers approving the renewal of the City’s policy through Alliant Property Insurance Programs (APIP) at 55.88% premium increase, amounting to $1,049,070.44 for program year 2023/2024. RECOMMENDATION City Council - Adopt a motion A. Ratifying the renewal of the property and boiler and machinery insurance through the Alliant Property Insurance Programs (APIP), administered by Alliant Insurance Services for the period of July 1, 2023, through June 30, 2024; and, B. Authorizing the City Manager or Deputy City Manager to execute the necessary documents.

Consent Item Passed Introduced June 8, 2023

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: June 8, 2023
On agenda: June 20, 2023
Passed: June 20, 2023