12/20/2006
DANNY L. KOLHAGE
CLERK OF THE CIRCUIT COURT
DATE:
January 19, 2007
TO:
Thomas Willi
County Administrator
ATTN:
FROM:
Connie Cyr
Aid to County Administrator
Pamela G. Hanc~
Deputy Clerk 0
At the December 20, 2006, Board of County Commissioners meeting the an Amendment
to Agreement for Windstorm Insurance Actuarial Consulting Services With AIS Risk Consultants
and Monroe County to increase the original agreement amount from $50,000 to $67,79710 in
order to compensate the actuarial consultant, Allan Schwartz, for preparation of actuarial study
and testimony in support of the property owners of Monroe County at the Office of Insurance
Regulation Public Hearing regarding excessive windstorm coverage rates
Enclosed is a copy of the above-mentioned for your handling. Should you have any
questions please do not hesitate to contact this office.
cc: County Attorney
Finance
Filel
;L35'16
MONRO[ COUNTY ATT
02.11 11 p.m
11-20-2006
213
AMENDMENT TO AGREEMENT FOR CONSULTING SERVICES
FOR WINDSTORM INSURANCE ACTUARIAL CONSULTING SERVICES
With AIS RISK CONSULTANTS
THIS AMENDMENT ("Amendment") to the Agreement for Windstorm
Insurance Actuarial Consulting Services wiJf AIS Risk Consultants ("Agreement") is
made: and entered into tIli.scJO~ day of WU:- . , 2006, by and between Monroe
County ("COUNTY"), a political subdivision of the State of Florida, whose address 1 100
Simonton Street, Key West, Florida 33040 and AIS Risk Consultants
("CONSULTANT"), a foreign corporation, whose address is 4400 US Highway 9 South,
Suite 1200, Freehold, New Jersey 07728.
WHEREAS, on March 21, 2006, the parties entered into a Agreement for the actuarial
review the Citizens Property Insurance rate filing for Monroe County regarding
windstorm coverage; and
WHEREAS, the Agreement called for a total contract amount of FIFTY Thousand
Dollars ($50,000) as payment to the consultant; and
WHEREAS, CONSULTANT did provide the actuarial review and testified on behalf of
Monroe County at the hearing in front of the Office ofInsurance Regulation; and
WHEREAS, CONSULT ANT did expend time in preparation, as well as time and
expenses for the trip to testify on behalf of Monroe County; and
WHEREAS, the review and the time necessary for testimony exceeded the contract
amount and CONSULT ANT has submitted an invoice for reimbursement
WHEREAS, the testimony given by CONSULTANT was critical to the successful
outcome of the hearing; and
NOW THEREFORE, the parties hereby agree:
1. Article VIII, ComDensation, of the Agreement, shall be amended to read as
follows:
3,} COUNTY shall pay CONSULTANT, pursuant to Chapter 218, Florida
Statutes, the Local Government Prompt Payment Act, the sum of SIXTY SEVEN
THOUSAND, NINE HUNDRED AND SEVENTY-NINE DOLLARS AND TEN
CENTS ($67,797.10), as payment in full of any and all outstanding indebtedness
owed by COUNTY to CONSULTANT.
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23b"'6
M ONRO[ COUNTY A TT
0211 :38 p.rn 11-20-2006
313
2" The remaining teons of the Agreement entered into on March 21, 2006, not
inconsistent herewith shall remain in full force and effect
,'~JVi;mTNESS WHEREOF, the parties have caused these presents to be executed
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Da.te: DEC 2 0 Ztl06
BOARD OF COUNTY
COMMISSIONERS OF MONROE
COUNTY, FLORIDA 0, ..
By~ik/~
Mayor Mario DiGennaro
Date:
DEC 2 0 ZOOG
Witness For
AIS RISK CONSULTANTS
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Print Name
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By:
Autlj..orized Signatory for t r irm ..h
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MONROE COUNTY AHORNE
A5~VEDAST~R '~
NATILE NE W. CASSEL
ASSISTANT COUNTY ATTORNEY
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