SUBJECT: Approval of Property, Boiler and Machinery Insurance Renewal Through Alliant Property Insurance Program in the Amount of $1,346,650.37 for Program Year 2025/2026 REPORT IN BRIEF Considers approving the renewal of the City’s policy through Alliant Property Insurance Programs (APIP) at 11.82% premium increase, amounting to $1,346,650.37 for program year 2025/2026. 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, 2025, through June 30, 2026; and, B. Authorizing the City Manager to execute the necessary documents.

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Introduced

May 27, 2025

On agenda

June 16, 2025

Passed

June 16, 2025

Where it was heard

City Council/Public Finance and Economic Development Authority/Parking Authority Jun 16, 2025 approved Pass

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