City Council

8G. Finance - Approve Renewal of Property Insurance Coverage and Authorize\nFinance Director to Execute Policy. Expenditure: Not-to-Exceed $669,363\n(Non-General Fund).\nRecommendation of the Finance Director that City Council:\n1) Approve renewal of property insurance coverage from Alliant Property Insurance\nProgram (APIP) through Alliant Insurance Services, Inc. of Newport Beach, CA at an\namount not-to-exceed $669 ,363 plus taxes and fees for a one-year period beginning\nJuly 1, 2023 and ending July 1, 2024; and\n2) Authorize Finance Director or designee to execute the insurance binder