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Title:
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Amend City’s initial annual authority of $750,000, including 10 percent contingency of $75,000 for total not-to-exceed $825,000 per fiscal year by removing fiscal-year limitation and authorizing City staff to utilize amended compensation totaling $2,325,000 with Belfor Property Restoration, Riverside, for emergency and non-emergency restoration services through agreement term - Appropriate $531,050.79 in Liability Insurance Trust Fund, Finance Risk Management Property Damage Claims revenue and expenditure accounts in Fiscal Year 2025-26 to be fully offset by claim fund reimbursements from City’s insurance carrier - Five affirmative votes required (All Wards)
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