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Okaloosa County BOCC — March 18, 2014 — reading text
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RECOMMENDATIONS: As Okaloosa County has reached its limit of liability and the excess
insurer is solely responsible for this claim, Okaloosa County has a duty to not unreasonably
refuse to consent to a settlement. Failure to consent to this settlement could expose the county to
liability for unreasonably withholding its consent to the settlement. Risk Management
recommends approval of the settlement
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator
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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: March 18, 2014
TO: Honorable Chairman and Members of the Board
FROM: Kay Godwin
SUBJECT: Bind and Purchase Coverage for the County’s Property, Boiler &
Machinery and Terrorism Insurance
DEPARTMENT: Human Resources
BCC DISTRICT: All
STATEMENT OF ISSUE: Request authority to bind and purchase coverage for the county’s
property insurance program.
BACKGROUND: The board has previously authorized that the renewal date for the property,
boiler & machinery and terrorism insurance be moved to April 1. The premiums for 4/1/2014 to
3/31/2015 are as follows:
$665,174.00 Property
$21,880.05 Terrorism
$10,630.00 Boiler & Machinery
$12,500.00 Appraisal
$710,184.05 Total*
The total premium for these policies and the appraisal is $710,184.05. [*Note: Premiums are
based on total insured value. Property schedules are updated throughout the year; therefore,
actual premiums vary.] These premiums were previously estimated to be $901,505.30. We
are pleased to report a decrease of $191,321.25 from earlier projections.
Included is $12,500.00 for an updated appraisal of county buildings. The last appraisal of county
buildings was performed in 2005. A current appraisal will ensure that all structures are insured
at appropriate levels and allow the county to receive blanket coverage which will provide
additional protection for the county.
OPTIONS: Authorize staff to bind and purchase the outlined coverage and appraisal of county
buildings.
RECOMMENDATIONS: Risk Management recommends approval to bind and purchase
outlined coverage and appraisal.
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RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator
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-Ef'u-ee::£;:) : -: I
101112013 ·41112014 (Annualized) 4I112014·411t2015
.~~
P< "-f\v~ l ~ In ExpQi:Iww
UNE -Of COVERAGE - IJMIT I lJEQDeTTQLElSJR I ANNUALPREM OMIT -1 -UEDDCnBlESIR I 201312014 20f4/ZOfS
p,.pperty; - ~
-
Amrlsc (MacDuff)
BuildinQs & Contents $ 184,587,918 $ 202.034.611
Loss Urn it $ 75.000000 $ 50,000 $ 100.000.000 $ 50,000
Flood $ 25,000.000 $ 100,000 $ 25.000,000 $ 100,000
Earthquake $ 25.000,000 $ 100,000 $ 25,000,000 $ 100,000
All other Windstorm $ 75,000,000 $ 100,000 $ 100,000,000 $ 100,000
Named Storm Incl in All Other Wind 5%/SI00K min/No Max S 797,292 Incl in All Other Wind 5%/$100K min/SSM Max $ 645.000
Accounts Receivable $ 250,000 $ 100,000 $ 250,000 $ 100.000
Business Income/Extra Expense $ 2,000,000 $ 100,000 $ 2,000,000 $ 100.000
E&O $ 1,000,000 $ 100,000 $ 1.000.000 $ 100.000
Building Ordinance or Law Included $ 100,000 Included $ 100,000
Mobile Equipment $ 5529,085 $ 100.000 $ 5.629,349 $ 100.000
Unscl1eduled Contractors Equip «$25k) $ 1.000,000 $ 1.000,000
EDP $ 17.521 .512 $ 100.000 Included in TIV $ 100,000
Fine Arts $ 150,000 $ 100 000 $ 150,000 $ 100 000
Fire Dept Service CharQe $ 100,000 $ 100,000 $ 100,000 $ 100000
Valuable Papers $ 1,000,000 $ 100,000 $ 1,000,000 $ 100.000
Fees & Surcharges $ 16.338 $ 20,174
Sub-Total $ 815,630 Sub-Total $ 665,174
TerrQriSr:n: - - -1'_ •
L1ovd's
Terrorism $ 5.000,000 $ 25,000 $ 22.796 $ 5.000,000 I $ 25,000 I $ 21,350
Fees & Surcharges I 1$ 524 I Fees $ 530
~IJer '''MachJnery:
. --- I Sub-Total $ 23,320 I Sub-Total I $ 21,880
Travelers
Breakdown limit $ 100.000,000 $ 5.000 $ 10084 $ 100.000,000 $ 5000 S 10.401
Business Income $ 2.000.000 24 Hours $ 2,000,000 24 Hours
Fees & Surcharges $ 132 $ 229
Sub-Total $ 10,216 Sub-Total $ 10,630
TOTAL PREIIlUI/I ,- .. - = " - Ma:f86-- -- .. .~
~ $, 687,684- Difference -17.64%
'AOP $250,000 per occurrence for the following location: 302 N Wilson St., Crestview, FL
This proposal is intended to give a brief overview. Higher limits may be available. Please refer to coverage forms for complete details regarding definition of terms, exclusions and limitations.
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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: March 18, 2014
TO: Honorable Chairman and Members of the Board
FROM: John Hofstad
SUBJECT: Best Western of Ft. Walton Beach Qualified Beach Vendor Certificate for
2014
DEPARTMENT: Public Works
BCC DISTRICT: 2
STATEMENT OF ISSUE: Approve a request from John Brato owner of Best Western of Fort
Walton Beach to obtain a Qualified Beach Vendor Certificate to provide beach chair and
umbrella rentals on designated public beaches on Okaloosa Island. This is a renewal application.
BACKGROUND and ANALYSIS: John Brato, owner of Best Western of Fort Walton Beach,
has met the requirements specified in Ordinance No. 13-07, County Recreation Areas; Section 8:
Commercial Activity on Public Lands and Section 10: Permit for a Designated Beach Property to
obtain a Qualified Beach Vendor Certificate (QBVC). Granting this request will permit said
business to conduct commercial beach chair and umbrella rentals on a designated public beach.
Because the staff of Best Western of Fort Walton Beach is providing beach chair/umbrella
rentals to their own cliental, no QBV Beach Vehicle Permit was requested.
OPTIONS: Approve/Disapprove.
RECOMMENDATION: Request Board approval of the Qualified Beach Vendor Certificate
0038 for the calendar year of 2014 (14QBVC0038) to John Brato owner of Best Western of Fort
Walton Beach.
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator
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