SUBJECT: Approval of Property, Boiler and Machinery Insurance Renewal Through Alliant Property Insurance Program in the Amount of $1,204,290.47 for Program Year 2024/2025 REPORT IN BRIEF Considers approving the renewal of the City’s policy through Alliant Property Insurance Programs (APIP) at 14.80% premium increase, amounting to $1,204,290.47 for program year 2024/2025. 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, 2024, through June 30, 2025; and, B. Authorizing the City Manager to execute the necessary documents.

Consent Item Passed Introduced June 5, 2024

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: June 5, 2024
On agenda: June 17, 2024
Passed: June 17, 2024

Where it was heard