Resolution 150-2006
Commissioner Rice
RESOLUTION NO. 150-2006
A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY SETTING FORTH
RECOMMENDATIONS TO INCLUDE IN PROPOSED
LEGISLATION ON WINDSTORM INSURANCE RATES
PROVISIONS TO PROTECT AFFORDABLE RENTAL HOUSING
(NON-HOMESTEADED) PROPERTIES.
WHEREAS, legislation has recently been introduced into the State
Senate and House of Representatives to provide protection to homesteaded
properties against huge windstorm premium increases; and
WHEREAS, the legislation proposes to restructure Citizens to remove the
subsidy from any properties other than primary residences of Florida residents;
and
WHEREAS, the legislation proposes to retain the three existing Citizens
accounts (commercial- residential, personal lines, and high-risk), but limit
eligibility for coverage under these accounts (single family homes, condo units,
and certain condo associations) to those qualified as homestead property as
defined by law, and condominium association policies only if at least 50% of
the units in the association are qualified as homesteads; and
WHEREAS, the legislation proposes to retain existing requirements for
Citizens rates and to add a provision stating that rates will be deemed to be
inadequate if they are not sufficient to generate the funding (through cash flow,
interest earnings, Cat Fund coverage, private reinsurance, and other funds) to
enable Citizens to sustain a 50-year Probable Maximum Loss event in any year
without creating a deficit in any Citizens account covering homestead property;
and
WHEREAS, the legislation proposes to create a new Citizens
account for non-homestead properties for windstorm-only policies
(residential, commercial-residential, and commercial-commercial) in the
Citizens high-risk area for full personal lines residential policies in the
rest of the state; and
WHEREAS, there is an affordable housing crisis in the State in
general, and especially in the Florida Keys, and a shortage of affordable
rental housing, and any increase in windstorm premiums no doubt will
be passed-on by landlords to their tenants resulting in even higher
residential rental rates;
Protect Mfordable Rental housingIWindstorm 1
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, that:
1. The Board of County Commissioners requests that the Florida
Legislature revise the proposed legislation which is proposed to protect
homesteaded properties from huge increases in windstorm insurance
premiums to also provide for affordable rental housing to be treated the same
as homesteaded properties.
2. The Clerk shall send a copy of this resolution to the Honorable Jeb Bush,
the Honorable Charlie Crist, the Honorable Tom Gallagher, the Honorable
Charles H. Bronson, State Senators Larcenia Bullard and Rudy Garcia, and
State Representatives Ken Sorensen and Dennis Ross.
3. This Resolution shall become effective on the date adopted.
PASSED AND ADOPTED by the Board of County Commissioners of Monroe
County, Florida, at a meeting of said Board held on the twenty-first day of
March, A.D. 2006.
Mayor Charles "Sonny" McCoy
Mayor Pro Tem Murray Nelson
Commissioner George Neugent
Commissioner David Rice
Commissioner Dixie Spehar
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Protect Mfordable Rental housingIWindstorm 2
CHERYL SMITH
City Clerk
THE CITY OF KEY WEST
P. O. BOX 1409
KEY WEST, FLORIDA 33041-1409
www.keywestcity.com
525 Angela Street
(305) 809-3835
FAX (305) 809-3833
April 7, 2006
Danny L. Kolhage
Clerk of the Circuit Court
Monroe County
POBox 1980
Key West, FL 33041
Dear Mr. Kolhage:
Enclosed is a certified copy of Resolution No. 06-103 supporting the efforts of the Board of County
Commissioners of Monroe County to address windstorm insurance rates that passed at a regular Key
West City Commission meeting on April 4, 2006.
Cheryl Smith, C
City Clerk
Enclosure
CS/sph
Res. 06-1 03-Clerk Kolhage
RESOLUTION NO.
OF,-101
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF KEY WEST, FLORIDA, SUPPORTING THE
EFFORTS OF THE BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY TO ADDRESS WINDSTORM
INSURANCE RATES; PROVIDING FOR AN EFFECTIVE
DATE
WHEREAS, on March 15, 2006, the Board of County Commissioners
adopted four Resolutions: (1) to hire professionals to review the
Citizens Property Insurance rate filing for Monroe County; (2) to
urge the State of Florida to use a portion of the hurricane
reconstruction sales tax windfall to provide relief to Citizens'
insureds; (3) to request that Citizens's rate computations should
be reduced in order to be commensurate with 2005 rates; and (4) to
consider the withdrawal of the Monroe County Pilot Program if it
has caused an increase to windstorm rates.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF KEY WEST, FLORIDA, AS FOLLOWS:
Section 1:
That the efforts of the Board of County
Commissioners of Monroe County, including its recent adoption of
four Resolutions addressing windstorm insurance rates, are hereby
supported.
Section 2: That the City Clerk is hereby authorized to
transmit a certified copy of this Resolution to the County Clerk.
Section 3:
That this Resolution shall go into effect
immediately upon its passage and adoption and authentication by the
signature of the presiding officer and the Clerk of the Commission.
Passed and adopted by the City Commission at a meeting held
this 4th day of April , 2006.
Authenticated by the presiding officer and Clerk of the
Commission on April 5
Filed with the Clerk
, 2006.
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THE FLORIDA SENATE
Tallahassee, Florida 32399-1100
COMMITTEES:
Agriculture. Vice Chair
Education
Education Appropriations
Transportation
JOINT COMMITTEE:
Administrative Procedures
SENATOR LARCENIA J. BULLARD
39th District
April 4, 2006
Danny L. Kolhage
Clerk of the Circuit Court
Monroe County
500 Whitehead Street, Suite 101
Key West, Florida 33040
Dear Mr. Kolhage,
I am in receipt of the copy of Resolution No. 150-2006 regarding windstorm insurance. This
information has been reviewed and filed for future reference during the legislative session.
If this office may be of assistance please do not hesitate to call (305) 668-7344.
Senator Larcenia J. Bullard
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REPLY TO:
o 8603 South Dixie Highway, Suite 304, Miami, Florida 33143 (305) 668-7344
0218 Senate Office Building, 404 South Monroe Street, Tallahassee, Florida 32399-1100 (850) 487-5127
Senate's Website: www.f1senate.gov
TOM LEE
President of the Senate
CHARLIE CLARY
President Pro Tempore