Item N07
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Time Certain Requested
Meeting Date: April 19, 2006-Key West
Bulk Item: Yes No X
DIVISION:
Department:
BOCC
DISTRICT FIVE
Staff Contact Person: Donna Hanson
AGENDA ITEM WORDING: Approval to contest with a challenge or to sue in circuit court
the dramatic increase in windstorm property rates submitted by Citizen's or approved by the
Office of Insurance Regulation. This challenge of lawsuit can be handled by the firm of Volpe,
Bojalia, Wicks, et al.
ITEM BACKGROUND: On March 30, 2006 at a meeting in Tallahassee held by Ken
Sorensen, State Representative, District 120, representatives of O.I.R. and Citizens indicated that
there would be very little relief for Monroe County windstorm rates. This action requires that
Monroe County take all appropriate action to preserve a rate that will not negate affordable
housing, competitive business and bring rates in line with Dade, Broward, and Collier counties.
PREVIOUS RELEVANT BOCC ACTION:
CONTRACT/AGREEMENT CHANGES:
STAFF RECOMMENDATIONS:
TOTAL COST:
BUDGETED: Yes
No
COST TO COUNTY:
SOURCE OF FUNDS:
REVENUE PRODUCING: Yes
No
AMOUNT PER MONTH Year
APPROVED BY: County Atty _ OMB/Purchasing _ Risk Management _
DIVISION DIRECTOR APPROVAL:
Murv~ E. Ne4o-rv
MAYOR PRO TEM MURRAY E. NELSON
DOCUMENTA TION:
Included
Not Required_ To Follow X
DISPOSITION:
AGENDA ITEM #