The Board of Supervisors of the Key Marco Community Development District will hold a Regular Meeting immediately following
the Budget Hearing, August 18, 2021
Located at:	505 Whiskey Creek Drive, Marco Island, FL 34145

Anyone wishing to listen and participate in the meeting can do so by calling 1-888-468-1195, Participant Pin 636522.

Additionally, participants are encouraged to submit questions and comments to the District Manager in advance to facilitate the Board's consideration of such questions and comments during the meeting.

The agenda is as follows:

Call to Order/Roll Call
Approval of Agenda
Public Comments
Approval of Minutes
April 21, 2021
b. June 16, 2021
Old Business
New Business
Attorney Report
Marco Island Academy Indemnification and Release of Liability
Engineer Report
Catch Basin Flume Improvement Progress Report
Pavement Marking/RPM Report Progress Report
Supervisors’ Requests
District Manager Report
Acceptance of the Financial Statement Ending June 30, 2021
Approval of Public Risk Underwriters Insurance Renewal
Resolution 2021-	; 2021-2022 Proposed Meeting Schedule
Solar Street Lights
Public Comments
Set Next Meeting Date:
October 20, 2021
Adjournment

1 | P a g e 

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
REGULAR MEETING
3	April 21, 2021
4
Present:	Mary Beth Schewitz, Chairman
Luanne Kerins, Co-Chair
Lynn Domenici, Supervisor
John Esposito, Supervisor
Terri Stanton, Supervisor
10
Also Present:	Katie Maline, District Manager/Secretary
Greg Urbancic, District Counsel (Via speakerphone)
Dave Schmidt, Hole Montes
14
CALL TO ORDER/ROLL CALL
The meeting was called to order at 8:30 a.m. All five Board members were in attendance.
17
18	APPROVAL OF AGENDA
19

20
21
22

On a voice vote by Mrs. Kerins and a second by Mr. Esposito, to approve the agenda as presented. Motion carried 5-0.

23
24
PUBLIC COMMENTS
No public comment was received.
27
28	APPROVAL OF MINUTES
29	February 17, 2021 meeting minutes were amended as follows:
30
Line 115, strike the word “be” after “should”.
Line 149, correct “the” the “they”.

34
35
36

33

On a voice vote by Mrs. Stanton and a second by Mrs. Kerins, to approve the February 17, 2021 minutes as amended. Motion carried 5-0.

37
OLD BUSINESS
None.
40

NEW BUSINESS
None.
43
ATTORNEY’S REPORT
Mr. Urbancic had nothing to report at this time.
46
47	RESEARCH COMMITTEES
48
A.	Street Lights
Mrs. Domenici reported that currently Mr. Kerins and Mrs. Maline are soliciting proposals to
replace 3 existing street lights and 3 missing street lights with Solar lights and new poles. The
existing 3 street lights will be kept as parts replacements for the existing streets lights
throughout the community. This project is in the 2021-2022 capital budget. Once the pricing
has been established Mr. Kerins and Mrs. Maline will bring back to the board. Mr. Kerins
suggested that we purchase one pole, light, and panel to test it out. Mr. Kerins will select the
best pole, light fixture and solar panel. There was a concern about light pollution and to
consider that when selecting the product.
58
We now have 13 street lights that are connected to LCEC meters, the bridge, the “T” and
marina parking area. There is an anticipated credit expected from LCEC.
61
B.	Roads
Catch Basin and Flume Project Bid Results
Mr. Schmitt, Hole Montes, stated that on Wednesday, April 14, 2021, the bids were received.
presented the bid results that were received for the catch basin and flume project. A total of
five bids were received for this project, three of the bids (total with alternates) ranged from
$63,844.63 to $154,980.00. Three of the bids differed by $13,120.12 between the three lowest
bidders. The lowest responsible bidders is Bonness, Inc. There are contingency funds included
in the event that we need to do any additional swale work, additional catch basins or catch
basin notches. There are fifty-one locations.
71
72	Mr. Schmitt recommends to the Board to award the contract to Bonness.
73
Mrs. Schewitz asked Mr. Schmitt for the time line. Mr. Schmitt stated that the contractor
estimates seventy-five days from start to substantial completion, ninety days to complete the
project, weather should not be an issue with this project.
77

On a voice vote by Mrs. Schewitz and a second by Mrs. Kerins, to approve the awarding the contract to Bonness with a base amount of $51,352.35 and an alternate figure not to exceed
$12,492.28 for a total of $63,3844.63. Motion carried 5-0.

Pavement Marking/RPM Bid Results
Mr. Schmitt reported that this project consists of re-striping of the existing roadway pavement
(with exception of Blue Hill Creek East), replacement of pavement markers (RPM’s), and
additional RPM’s in certain test sections for traffic calming. He center-line and two shoulder
markings are included. The two edge of pavement markings are not included. The project was
bid with two base bids. One price was received for the use of FDOT reflective paint for
markings and a second bid for FDOT thermoplastic striping. Additive bid alternate prices were
received for striping and installation of RPM’s on Blue Hill Creek East if it is desire to complete
that segment. A total of four bids were received for the project. It should be noted that the
lowest responsive bidder, McShea Contracting self performs all the work. Other bidders may be
utilizing subcontractors to perform the work.
89
Mr. Schmitt recommends to the Board to award the contract to McShea Contracting, LLC and
the board and desires of the CDD Board, either the res-striping with paint or thermoplastic (or a
combination) would be acceptable. (Inaudible, several people talking at the same time.)
93

On a voice vote by Mrs. Schewitz and a second by Mrs. Kerins, to award the Pavement Marking/RPM contract to McShea, with an amount not to exceed $14,000.00, to be completed in this fiscal year and includes Blue Hill Creek East, using reflective paint.

94
95
96
97
98
Mr. Schmitt stated that he did additional research on pavement rejuvenator. The rejuvenator is
meant to be a pavement lifetime system. Initial use of rejuvenator is recommended within two
to four years of installation and re-application at a four-to-six-year frequency. Based on the
current age and condition of the existing pavement, the use of rejuvenator is not viable. Upon
future pavement rehabilitation, the rejuvenator system may be a viable pavement maintenance
program.
105
Mr. Schmitt also reported that he is currently researching what alternatives there are for
painting the bridge while being environmentally concerned. He will report back to the board
with his findings and proposals if available. Mr. Kerins would like to see remedial work done on
several bolts that are corroded.
110
Mrs. Schewitz reported that with the combination of the projects the total amount requires a
budget amendment.

On a voice vote by Mrs. Schewitz and a second by Mrs. Domenici authorizing an amendment to the budget to accommodate the two projects, catch basin/flume and pavement markings/rpm’s, in the total amount of $78, 000 and that staff is authorized to memorialize the same with the Chair in the form of a resolution to the extent required for audit purposes. Motion carried 5-0.

113

SUPERVISORS’ REQUESTS
None.
116
DISTRICT MANAGER’S REPORT
118
A.	Acceptance of Financial Statement ending March 31, 2021
120
There were no questions from the Board regarding the financials.

On a voice vote by Mrs. Schewitz and a second by Mr. Esposito, to accept the financials as presented. Motion carried 5-0.

122
B.	2021-2022 Preliminary Budget Review
Mrs. Schewitz asked to walk through for everyone’s purpose stated that the most important
to remember about the preliminary budget is that the Board is setting up a budget that
cannot be exceeded in the final approval process at the budget hearing scheduled for
August 16, 2021. The budget can be scaled back but not increased. With the transfer of
management responsibilities for so many items to the HOA the budget is pretty slim and
easy to understand.
130
A walk through of each accounting item in the administrative section of the budget was
conducted by Mrs. Maline. Mrs. Schewitz requested if any supervisor had questions or
comments. There were no questions or comments.
134
Mrs. Schewitz presented the capital improvement projects. There were no questions or
comments.

On a voice vote by Mrs. Schewitz and a second by Mr. Esposito, the preliminary budget was approved as amended. Annual Catch Basin-Culvert Maintenance and Gatehouse Gates will be moved to a separated accounting section, “Maintenance”. Motion carried 5-0

137
C.	Resolution 2021-03 Setting Budget Hearing Date
139

On a voice vote by Mrs. Schewitz and a second by Mrs. Domenici, to accept Resolution 2021-03 setting the Key Marco CDD Budget Hearing date for August 18, 2021 at 8:30 a.m. location, 505 Whiskey Creek Drive, Marco Island, FL  34145. Motion carries 5-0.

140
141
142
143
144
145

D.	Review/Award Bid for Cleaning of Six Catch Basins and Culverts
Mrs. Maline presented two proposals of four that were requested. Shenandoah’s proposal
was $26,525.00 and Earthview’s proposal was $17,980.00. This work will be performed
prior to the catch basin/flume project.
150

On a voice vote by Mrs. Schewitz and a second by Mrs. Kerins to approve the proposal from Earthview in the amount of $17,980.00. Motion carried 5-0.

151
E.	Supervisors of Elections - Number of Registered Voters
Mrs. Maline noted that the Supervisor of Elections indicates that there are fifty-three (53)
active registered voters residing in the Key Marco CDD as of April 15, 2021.
155
F.	Speed Limit Signs
Mrs. Maline asked if anyone had noticed the new 25 MPH sign just past the gate house.
The response was split. Mr. Kerins stated that he was stopped by a Collier County employee
and was asked what the speed limit is. The employee told Mr. Kerins that according to the
county’s GPS in their trucks the speed limit is 20 MPH. The Board requested that Mr.
Schmitt ascertain how to correct the speed limit with municipalities and GPS applications.
Mr. Schmitt will report back to the board at the next regular meeting.
163
PUBLIC COMMENT
165
Mr. Kerins asked Mrs. Maline to let the those in attendance know about the sewer lines and the break
on Blue Hill Creek Drive. Mrs. Maline reported that a main sewer line leak had been found and
reported to the City of Marco Island. Mr. Schmitt commented that he also learned about the break
from City of Marco Island staff. Mrs. Maline further reported that there are two issues, one, the main
line break and two, the valve connection box for future a future sewer tap is on private property and
the landowner will need to make that repair.  Bart Bradshaw, City of Marco Island Utilities has
indicated that the city will be doing additional work in Key Marco to determine the life of the main
sewer line and any necessary repairs. Mr. Bradshaw said that they would stay in contact with Key
Marco on any major repairs. The rest of the conversation was inaudible.
175
Mrs. Maline reported that the bike signs and 20 MPH speed limits signs have been removed. Bank fees
have been eliminated from the operations account. This is a savings of approximately $2400 annually.
As an FYI, the HOA will be removing the mailboxes on the roadside. New mailboxes have been
installed in the community center parking lot.
180
Mrs. Schewitz applauded the board and the manager for persevering through the many projects and
tasks that have been accomplished this year.

NEXT MEETING DATE
184
The next meeting will be a Budget Hearing with the Regular meeting to follow, on August 18, 2021 at
186	8:30 a.m.
187
188	ADJOURNMENT
189
On a voice vote by Mr. Esposito and a second by Mrs. Kerins the meeting was adjourned at 9:45 a.m.
on a unanimous vote of the Board.

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
REGULAR MEETING
3	June 16, 2021
4
Present:	Mary Beth Schewitz, Chairman
Luanne Kerins, Co-Chair
Lynn Domenici, Supervisor
John Esposito, Supervisor
Terri Stanton, Supervisor
10
Also Present:	Katie Maline, District Manager/Secretary
Greg Urbancic, District Counsel (Via speakerphone)
Dave Schmidt, Hole Montes
14
CALL TO ORDER/ROLL CALL
The meeting was called to order at 8:30 a.m. All five Board members were in attendance.
17
APPROVAL OF AGENDA
No changes were made to the agenda.
20
PUBLIC COMMENTS
No public comment was received.
23
APPROVAL OF APRIL 2021 MINUTES
The minutes were not available for review at this time.
26
OLD BUSINESS
None.
29
NEW BUSINESS
Mrs. Stanton would like to have a discussion of the swale issue in front of her residence that is under
construction as well as the construction site next door to her. The topic was added for discussion under
“Supervisor’s Request”.
34
ATTORNEY’S REPORT
Mr. Urbancic had nothing to report at this time.
37
38

RESEARCH COMMITTEES
A.	Solar Street Lights
Mrs. Domenici reported that there will be six new solar operated street lights on the east part
of Blue Hill Creek, however, with the backorder on supplies, it is not known when they will be
arriving and when the installation could be scheduled. Mrs. Maline is presently working on
pricing for these lights. It is anticipated the fixtures will be paid for out of the 2021 budget.
45
During the transition between LCEC power street lights and solar street lights, the power was
inadvertently disconnected at the meter by the bridge, which shut off the lights on the bridge
as well as the navigational lights under it for a short period of time. This was immediately
addressed and the subcontractor for LCEC, PIKE, returned and a reconnected the bridge lights.
At this time the only street lights that are on LCEC meters are located at the Bridge, the
intersection of Blue Hill and Whiskey Creek Drive and the marina parking lot. All other street
lights are now solar powered.
53
The one street light that was damaged has been repaired and insurance proceeds were
received.
56
B.	David Schmitt’s Report
Mr. Schmidt reported that the new concrete flumes between the edge of roadway pavement to
existing drainage catch basins, regrading, and sodding improvements has been substantially
completed.
61
Mr. Schmitt reported that there are different areas of grading and other remedial steps where
drainage will be required. These areas will be evaluated by Mr. Schmitt and Mrs. Maline to
ascertain if additional work is required.
65
66	The pavement marking project will be scheduled after the July 4th holiday, weather permitting.
67
It was also noted that the areas that were re-paved at three separate area is smooth and even
with the roadway.
70
SUPERVISORS’ REQUESTS
Supervisor Stanton asked who is responsible for restoring the right of way in front of newly
constructed homes. After further discussion, the general feeling of the Board was that the
owner has the responsibility to restore the right of way at their residence to the state it was in
prior to their home construction or better. If there was, or is, an existing roadway issue, it is
the responsibility of the CDD.
77
78
79

DISTRICT MANAGER’S REPORT
A.	Acceptance of Financial Statement ending April 20, 2021
82
83	There were no questions from the Board regarding the financials.

On a voice vote by Mrs. Schewitz and a second by Mr. Esposito, the April 20, 2021 Financials were unanimously accepted by the Board.

84
85	B.	Acceptance of Annual Financial Audit year end September 30, 2020
86
The auditor’s observation regarding the general fund, and a Resolution that was needed,
was done at the previous meeting, Resolution 2021-04, to amend the Budget for
expenditures exceeding appropriations. If another budget amendment is required, that can
be taken care of at the August meeting.

On a voice vote by Mrs. Schewitz and a second by Mrs. Domenici, the annual audit for the year ending September, 2020 was unanimously approved by the Board.

91
Mrs. Stanton asked if it necessary to have District Counsel in attendance at all meetings. The Board
then briefly discussed the presence of Board counsel at meetings, and Mrs. Schewitz expressed that as
the meetings are not monthly, and Mr. Urbancic does appear via speakerphone, that it is beneficial to
have him attend the meetings to address any question the supervisors may have. As projects continue
to wind down, this may be re-addressed in the future. Mr. Urbancic noted that he is open to whatever
the Board thinks is best.
98
99	PUBLIC COMMENT
100
101	No public comment was received at this time.
102
103	NEXT MEETING DATE
104
The next meeting will be held on August 19, 2021 at 8:30 a.m., and will begin with the Budget meeting
with the regular meeting to follow.
107
ADJOURNMENT
109
On a voice vote by Mrs. Schewitz and a second by Mrs. Kerins the meeting was adjourned at 9:10 a.m.
on a unanimous vote of the Board.

INDEMNIFICATION AND RELEASE OF LIABILITY

THIS INDEMNIFICATION AND RELEASE OF LIABILITY (this “Agreement”) is
entered into as of the      _ day of	, 2021 by and between MARCO ISLAND ACADEMY, A PUBLIC CHARTER HIGH SCHOOL, INC., a Florida not-for-profit corporation (“MIA”) and KEY MARCO COMMUNITY DEVELOPMENT DISTRICT, a community
development district existing pursuant to Chapter 190, Florida Statutes (“District”).

WHEREAS, MIA operates a public charter high school located at 2255 San Marco Road, Marco Island, Florida 34145-6925 (“MIA Campus”); and

WHEREAS, District is an independent special district was established by ordinance of the Board of County Commissioners of Collier County, Florida. The District’s geographical boundaries abut the MIA campus. The District owns certain public property within its geographical boundaries (“District Property”); and

WHEREAS, in the event of an emergency situation requiring MIA to evacuate its campus, District has agreed to allow MIA to relocate its students and staff on a temporary basis from the MIA Campus to District Property unless the emergency has subsided (“Emergency Evacuation Right”); and

WHEREAS, District has agreed to permit the aforementioned Emergency Evacuation Right to District Property based upon the agreements and commitments of MIA set forth herein.

NOW, THEREFORE, the parties hereto agree to the following:

Recitals. The foregoing recitals are true and correct and are incorporated herein by reference.

Release. MIA’s entry upon, access or use by MIA students or staff of District Property pursuant to the Emergency Evacuation Right spaces shall be at MIA’s sole risk. MIA for itself and its, successors and assigns, hereby releases, remises, relinquishes, waives, acquits, holds harmless and forever discharges District, and its supervisors, officers, employees and agents (collectively, “Indemnified Parties”), from any and all acts, matters, dealings, rights, duties, claims, demands, actions, causes of action, suits, liability, contracts, agreements, obligations, controversies, damages (including, but not limited to, direct or indirect, consequential, incidental, exemplary and/or punitive), related to all matters, dealings, acts, omissions, promises, obligations

and liability arising from or relating in any way to, either directly or indirectly, the entry upon, access or use by MIA students or staff of District Property pursuant to the Emergency Evacuation Right (the “Released Claims”). It is the purpose of this Release to forever release District and/or the Indemnified Parties from all claims MIA may have now or in the future against District and/or the Indemnified Parties concerning the Released Claims, and MIA acknowledges and agrees that by granting this Release, it will be and is forever barred from asserting any of the Released Claims against the District and/or the Indemnified Parties.

Indemnification. MIA, and its successors and assigns hereby indemnify, defend (with counsel selected by District) and hold harmless District, and the Indemnified Parties, from and against any claims (including, without limitation, third party claims for personal injury or real or personal property damage), actions, administrative proceedings (including informal proceedings) judgments, damages, punitive damages, penalties, fines, costs, taxes, assessments, liabilities (including, sums paid in settlement of claims), lawsuits, interest or any other losses, including reasonable attorneys’ fees and expenses, consultant fees, expert fees and all other costs expenses of any kind or nature at trial or on appeal (collectively, the “Costs”) incurred by District and/or the Indemnified Parties and arising, at any time, directly or indirectly in connection with the entry upon, access or use by MIA students or staff of District Property pursuant to the Emergency Evacuation Right.

Termination. Either party reserves the right to terminate the Emergency Evacuation Right of MIA hereunder at any time by written notice to the other party. Notwithstanding any such termination by either party, such termination shall not affect MIA’s release and indemnity obligations set forth herein for any claims or causes of action accruing prior to such termination.

Attorneys’ Fees. In the event of any litigation arising out of this Agreement, the prevailing parties shall be entitled to recover attorneys’ fees and costs at the trial and/or appellate levels. The terms hereof shall survive the termination of this Agreement.

Miscellaneous. All of the terms of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. MIA may not assign this Agreement without the prior written consent of District, which may be withheld in District’s sole and exclusive discretion. No modification or changes in this Agreement shall be valid or binding upon the Parties unless in writing and executed by both Parties. No waiver of any provision that this Agreement shall be effective unless it is in writing and signed by the party against whom it is asserted, and shall only be applicable to the specific instance to which it relates and not be deemed to be a continuing future waiver. If any part of this Agreement or any other agreement entered into pursuant hereto is deemed invalid under applicable law or regulation, said provision shall be inapplicable and deemed omitted to the extent so invalid, provided that the remainder hereof shall not be invalidated thereby and shall be given full force and effect to the full extent possible. The Parties each expressly waive any right to trial by jury of any claim, demand or cause of action arising under this Agreement. This Agreement shall be governed by and enforced in accordance with the laws of the State of Florida. The exclusive jurisdiction and venue for any disputes under this Agreement shall be in the Circuit Court of Collier County, Florida.

{Remainder of page intentionally left blank. Signatures appear on next page.}

IN WITNESS HEREOF, the parties hereto hereby agree to the foregoing as of the date first written above.

MIA:

MARCO ISLAND ACADEMY,
A PUBLIC CHARTER HIGH SCHOOL, INC.,
a Florida not-for-profit corporation

By: 	

Name: 	

Title: 	

DISTRICT:

KEY MARCO COMMUNITY
Attest:	DEVELOPMENT DISTRICT

By: 	

Katie Maline, Secretary	Mary Beth Schewitz, Chair

08/04/21
Accrual Basis

Balance Sheet
As of June 30, 2021

Jun 30, 21

ASSETS
Current Assets Checking/Savings		
Fifth Third Money Market	460,01436	
Fifth Third Public Fund	413,021.28	
Total Checking/Savings	873,035.64	
Other Current Assets		
Prepaid Expenses	3,705.95	
Total Other Current Assets	3,705.95	
Total Current Assets	876,741.59	
TOTAL ASSETS	876,741.59	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities
Other Current Liabilities Deposits and Prepaid Items	

3,705.95	
Total Other Current Liabilities	3, 705.95	
Total Current Liabilities	3,705.95	
Total Liabilities	3,705.95	
Equity		
Opening Balance Equity	813 ,660.58	
Retained Earnings	3,781.44	
Supspense Account	-4,425.48	
Unassigned Fund Balance	-899.11	
Net Income	60,918.21	
Total Equity	873,035.64	
TOTAL LIABILITIES & EQUITY	876,741.59	

08/04/21
Accrual Basis

Profit & Loss
June 2021

Jun 21
Income
Interest Income	109.64	
Maintenance Assessements (4%)	228.00	
Maintenance Assessments - Levy	7,600.00	
Miscellaneous Income	228.16	
Road Use Fee Revenue	509.01	
Total Income	8,674.81	
Gross Profit	8,674.81	
Expense		
ADMINISTRATION		
Attorney Fees	1,108.50	
Computer- Website Support	300.00	
Engineering Fees	388.75	
Management Fees	4,583.00	
Property Tax Collector (2%)	156.56	
Rentals & Leases	25.00	
Supervisor Expenses	1,000.00	
Total ADMINISTRATION	
7,561.81	
CAPITAL EXPENDITURES & PROJECTS		
Roads	428.00	
Street Lighting	-2,167.50	
Total CAPITAL EXPENDITURES & PROJECTS	
-1,739.50	
Total Expense	5,822.31	
Net Income	2,852.50	

Fifth Third Money Market, Period Ending 06/30/2021

Beginning Balance Cleared Transactions

Jun 30, 21

459,938.82

Deposits and Credits - 1 item		75.54		
Total Cleared Transactions		75.54		
Cleared Balance			460,014.36	
Uncleared Transactions Deposits and Credits - 1 item		
0.00		
Total Uncleared Transactions		0.00		

Register Balance as of 06/30/2021 Ending Balance

460,014.36

460,014.36

Fifth Third Public Fund, Period Ending 06/30/2021

Jun 30, 21
Beginning Balance	428,765.90
Cleared Transactions
Checks and Payments - 9 items	
-20,845.25		
Deposits and Credits - 4 items	10,610.21		
Total Cleared Transactions	-10,235.04		
Cleared Balance		418,530.86	
Uncleared Transactions			
Checks and Payments - 7 items	-5,509.58		
Deposits and Credits - 1 item	0.00		
Total Uncleared Transactions	-5,509.58		
Register Balance as of 06/30/2021		413,021.28	
New Transactions			
Checks and Payments - 5 items	-13,922.77		
Total New Transactions	-13,922.77		
Ending Balance		399,098.51	

KEY MARCO
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2020-2021

$254,600.00	$254,600.00
ASSESSMENTS· TAX COLLECTOR	FY 2021	TOTAL
.36300 .10000
 				100.00%	100.00%	 DATE	DESCR IPTION	GROSS AMOUNT   DISCOUNTS/PENALTIES   COMMISSIONS	INTEREST	NET RECEIPTS	O&M Portion		Total

11/16/2020	11/01/2020-11/16/ 2020	$45,600.00	$1,824.00	$875.52	$0.00	$42,900.48	$42,900.48	$42,900.48	$0.00	
11/18/2020	11/17/2020-11/18/2020	$43,700.00	$1,748.00	$839.04	$0.00	$41,112.96	$41,112.96	$41,112.96	$0.00	
12/4/2020	11/19/2020-12/4/ 2020	$100,700.00	$4,028.00	$1,933.44	$0.00	$94,738.56	$94,738.56	$94,738.56	$0.00	
12/16/2020	12/05/2020-12/16/2020	$11,400.00	$342.00	$221.16	$0.00	$10,836.84	$1, 0 836.84	$10,836.84	SO.OD	
1/18/2021	12/17/2020-01/18/2021	$11,400.00	$304.00	$221.92	$0.00	$10,874.08	$10,874.08	$10,874.08	$0.00	
2/16/2021	1/19/2021-2/16/ 2021	$7,600.00	$133.00	$149.34	$0.00	$7,317.66	$7,317.66	$7,317.66	$0.00	
3/17/2021	2/17/2021-3/17/ 2021	$7,600.00	$19.00	$151.62	$0.00	$7,429.38	$7,429.38	$7,429.38	$0.00	
3/31/2021	01/01/2021-03/31/2021	$0.00	$0.00	$0.00	$3.77	$3.77	$3.77	$3.77	$0.00	
4/18/2021	3/18/2021-4/18/ 2021	$13,300.00	$0.00	$268.28	$114.00	$13,145.72	$13,145.72	$13,145.72	$0.00	
4/19/2021	4/19/2021-5/18/2021	$5,700.00	$0.00	$117.42	$171.00	$5,753.58	$5,753.58	$5,753.58	$0.00	
6/17/2021	Batch 2628149	$7,600.00	$0.00	$156.56	$228.00	$7,671.44	$7,671.44	$7,671.44	$0.00	
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	
	TOTAL	$254,600.00    		$8,398.00		$4,934.30		$516.77		$241,784.47		$241,784.47		$241,784.47 I	$0.00	
Assessed on Roll:									($53,600 .08 )	
	GROSS AMOUNT		ASSESSMENTS	ASSESSMENTS	ASSESSMENTS	AMOUNT				
	ASSESSED	PERCENTAGE	COLLECTED	TRANSFERRED	TRANSFERRED	TO BE TFR.				

O&M	
$254,600.00	
100.0000%	
$241,784.47	
($241,784.47)	
($241,784.47)	
$0.00				

TOTAL	 	$254,600 .00	100.00%	$241,784.47    -    ($241,784.47)	($241,784.47)	so.oo I

 	100.00%      Gross Collected I	94 . 97%	NET

Covered Party:	Key Marco CDD	
Effective Date:	10/1/2021	

Coverage & Premium Comparison

	2020/2021	2021/2022	Changes in Exposures	
LINE OF COVERAGE	LIMIT	DEDUCTIBLE/SIR	ANNUAL
PREMIUM	LIMIT	DEDUCTIBLE/SIR	ANNUAL
PREMIUM	2020/2021	2021/2022	
Property:					
Preferred					
Blanket Buildings & Contents	$	2,239,600	$	1,000	$	18,835	$	2,249,600	$	1,000	$	18,919	Property	
Equipment Breakdown	$	2,239,600	$	1,000		$	2,249,600	$	1,000		Exposure Difference	$	10,000	
Excess Flood	$	1,000,000	$	1,000		$	1,000,000	$	1,000			0.45%	
Earthquake	Not Included	$	-		Not Included	$	-				
Terrorism	Not Included	$	-		Not Included	$	-		Premium Difference	$	84	
Named Windstorm	$	2,239,600	3% / $15,000 minimum		$	2,249,600	3% / $15,000 minimum			0.45%	
Additional Expense	$	1,000,000	$	1,000		$	1,000,000	$	1,000				
Business Income	$	500,000	$	1,000		$	500,000	$	1,000				
Errors & Omissions	$	250,000	$	1,000		$	250,000	$	1,000				
Demolition & Increased Cost of Construction	$	500,000	$	1,000		$	500,000	$	1,000				
Inland Marine:							Inland Marine	
Unscheduled Blanket Inland Marine	$	50,000	$	1,000	$	100	$	50,000	$	1,000	$	100	$50,000	$50,000	
Communications Equipment	Included in Blanket	$	1,000		Included in Blanket	$	1,000				
Mobile Equipment	Included in Blanket	$	1,000		Included in Blanket	$	1,000		Exposure Difference	$	-	
Electronic Data Processing	Included in Blanket	$	1,000		Included in Blanket	$	1,000			0.00%	
Emergency Services Portable Equip	Included in Blanket	$	1,000		Included in Blanket	$	1,000				
Fine Arts	Included in Blanket	$	1,000		Included in Blanket	$	1,000		Premium Difference	$	-	
Other Inland Marine	Included in Blanket	$	1,000		Included in Blanket	$	1,000			0.00%	
Rented Borrowed Leased Equipment	Not Included	N/A		Not Included	N/A				
Valuable Papers	Included in Blanket	$	1,000		Included in Blanket	$	1,000				
Watercraft	Not Included	N/A		Not Included	N/A				
									
		Sub-Total	$	18,935		Sub-Total	$	19,019			
General Liability:			Payroll	
Preferred			$4,800	$4,800	
General Liability	$	1,000,000	$	-	$	2,500	$	1,000,000	$	-	$	2,500	Exposure Difference	$	-	
Employee Benefits	$	1,000,000	$	-		$	1,000,000	$	-			0.00%	
Deadly Weapon Protection	$	1,000,000	$	-	Included	$	1,000,000	$	-	Included			
							Premium Difference	$	-	
		Sub-Total	$	2,500		Sub-Total	$	2,500		0.00%	
Automobile:					Vehicles	
Preferred				0	0	
Hired & Non Owned Auto Liability	$	1,000,000		$	500	$	1,000,000		$	500	Exposure Difference	0	
Uninsured Motorist	Not Included			Not Included				0.00%	
Comprehensive/Collision	N/A		$	-	N/A		$	-		
Hired Physical Damage	N/A			N/A			Premium Difference	$	-	
	Sub-Total		$	500	Sub-Total		$	500		0.00%	
Public Officials:			Payroll	
Preferred			$4,800	$6,000	
Public Officials Liability	$1,000,000/$1,000,000	$	-	$	4,107	$1,000,000/$1,000,000	$	-	$	2,991	Exposure Difference	$	1,200	
Employment Practices Liability	$1,000,000/$1,000,000	$	-		$1,000,000/$1,000,000	$	-			25.00%	
Cyber Liability	$2,000,000/$2,000,000	$	-		$2,000,000/$2,000,000	$	25,000	$	1,300			
							Premium Difference	$	184	
		Sub-Total	$	4,107		Sub-Total	$	4,291		4.48%	
Workers' Compensation:			Payroll	
Preferred	Experience Mod: 1.00	Experience Mod: 1.00	$4,800	$6,000	
Workers' Compensation	Statutory	$	-	$	2,000	Statutory	$	-	$	2,000	Exposure Difference	$	1,200	
Employers Liability	$1m/$1m/$1m	$	-	Included	$1m/$1m/$1m	$	-	Included		25.00%	
		Sub-Total	$	2,000		Sub-Total	$	2,000	Premium
Difference	$	-	
Crime		3 year policy with Annual installments		0.00%	
Travelers					
Employee Theft	$	500,000	$	5,000	$	646	$	500,000	$	5,000	$	544			
Forgery or Alteration	$	500,000	$	5,000		$	500,000	$	5,000				
On premise/In Transit	$	500,000	$	5,000		$	500,000	$	5,000				
Computer Fraud (incl Funds Transfer Fraud)	$	500,000	$	5,000		$	500,000	$	5,000				
									
		Sub-Total	$	646		Sub-Total	$	544	Premium
Difference	$	(102)	
TOTAL PREMIUM		$	28,688		$	28,854		-15.79%	
							$ Difference	$	166		
						% Difference	0.58%		

This proposal is intended to give a brief overview. Higher limits may be available. Please refer to coverage forms for complete details regarding definition of terms, exclusions and limitations.

INSURANCE PROPOSAL PREPARED FOR 
Key Marco
Community Development District
October 1, 2021 – October 1, 2022

PRESENTED BY:
Brian Cottrell, Public Risk Advisor
August 9, 2021

P.O. Box 2416 | Daytona Beach, FL 32115 Phone: 386.252.6176 | Fax: 386.239.4049
www.bbpria.com

TM

Table of Contents
Overview	1
The Agency of Public Risk Insurance Advisors An Introduction to Your Service Team Preferred Governmental Insurance Trust
Claims Services & Safety and Risk Management Services
Property/Inland Marine/Boiler & Machinery	2
General Liability	3
Deadly Weapon Protection	4
Public Officials & Employment Practices Liability	5
Automobile Liability	6
Workers’ Compensation	7
Crime/Employee Dishonesty	8
Broker Recommendation/Premium Recapitulation	9
Notes of Importance Compensation Disclosures Carrier Financial Status Guide to Best’s Ratings
Items Required Prior to Binding	10
Acceptance of Proposal – Premium Recapitulation Uninsured Motorist Form
Preferred Signature Page

Our Story

Public Risk Insurance Advisors (PRIA) is a proud member of the Brown & Brown family – an 80- year-old, publicly traded, Florida corporation currently ranked as the 6th largest insurance brokerage in the United States of America. Our Brown & Brown family is now more than 10,000 teammates, spanning from London to Los Angeles. Through our collaborative efforts, we design, place, and service more than $20 Billion in annual insurance products. We passionately undertake these efforts on behalf of our clients – ranging from individuals and small businesses, to state governments and Fortune 500 companies.

The PRIA team is a highly-specialized unit of insurance advisors 100% trained to deliver industry-leading services to public entities in the State of Florida. Since 1992, we have continuously refined that specialization and enhanced our services, while becoming the largest public entity brokerage in Florida. Our team provides Property & Casualty and Employee Benefits services to governments from Key West to the Panhandle and represents more than 250 clients.

We have proven over nearly three decades of service to local governments that we are a highly sophisticated and accountable team of insurance professionals, laser-focused on providing both world-class brokerage services and concierge-level support to our clients. We have built our reputation by empowering our governmental clients to outperform their industry peers, lower their cost of risk, and enhance their employee benefits programs - all while staying within their annual budgetary constraints. Our team is committed to serve those who serve the public – and provide superior service to our clients, their staff, and their employees.

An Introduction to Your Service Team

Account Executives	
Matt Montgomery
Executive Vice President	(386) 239-7245	mmontgomery@bbpria.com	
Robin Russell, ARM-P, CISR, CSRM
Director of Operations	(386) 239-4044	rrussell@bbpria.com	
Paul Dawson, ARM-P
Senior Vice President / Public Risk Advisor	(386) 239-4045	pdawson@bbpria.com	
Michelle Martin, CIC
Senior Vice President / Public Risk Advisor	(386) 239-4047	mmartin@bbpria.com	
Brian Cottrell, CIC, CRM
Vice President / Public Risk Advisor	(386) 239-4060	bcottrell@bbpria.com	
Kyle Stoekel, ARM-P, CIC
Public Risk Advisor	(386) 944-5805	kstoekel@bbpria.com	
Victoria “Tori” Reedy
Executive Coordinator	(386) 239-4043	vreedy@bbpria.com	
Service Representatives	
Melody Blake, ACSR
Public Risk Specialist	(386) 239-4050	mblake@bbpria.com	
Patricia “Trish” Jenkins, CPSR
Public Risk Specialist	(386) 239-4042	pjenkins@bbpria.com	
Danielle Coggon, CISR
Public Risk Specialist	(386) 239-4048	dcoggon@bbpria.com	
Christina Carter, CIC, CRM
Public Risk Specialist	(386) 333-6069	ccarter@bbpria.com	
Schylar Howard
Public Risk Specialist	(386) 265-6117	showard@bbpria.com	
Emily Bailey
Public Risk Specialist	(386) 333-6085	ebailey@bbpria.com	
Alexa Gray
Assistant Public Risk Specialist	(386) 333-6068	agray@bbpria.com	
Certificate Requests: certificates@bbpria.com	Claim Reporting: claims@bbpria.com	

Our Service Team philosophy focuses on accountability at all levels of account management. Our goal is not simply to meet your service needs, but to exceed them. All the employees at PRIA are dedicated to achieving this goal and distinguishing ourselves from the competition.

Preferred Governmental Insurance Trust (Preferred) Overview
Several hundred members and millions in premiums prove that the Preferred Governmental Insurance Trust® fulfills what Florida needs: an insurance program exclusively customized and dedicated to the public sector. Preferred stays on the forefront of specialized insurance for property, casualty and workers’ compensation because it is non-profit and self-governed with a membership comprised solely of Florida public entities.

Preferred’s history dates back to 1999. Its robust membership and financial strength, including consistent growth of surplus, stem from its conservative platform of managed risk. Preferred is just that: preferred for unmatched public entity experience, innovation, stability and personalized service.

Preferred’s Member Types	
Municipalities	Counties	Special Districts	
Public Schools	Charter Schools	Sheriff Departments	
Housing Authorities	Aviation Authorities	Transit, Port & Utility Authorities	

Preferred’s Comprehensive Coverages	
Property	Workers’ Compensation	General Liability	
Automobile Liability	Automobile Physical Damage	Law Enforcement Liability	
Public Officials Liability	Employment Practices Liability	Educators’ Legal Liability	

The Power of Groups and People
What does a specialized insurance trust do for you? In the case of Preferred, it gives you the purchasing power of a very large trust with billions of covered property values—far more financial negotiating power than a single public entity can muster. As a Preferred member, you are part of a formidable Florida insurance trust.

The trust also transfers risks from any one public entity to the larger group. This provides all members of the trust better rating structures with less volatility. Preferred’s sole focus on government ensures that members’ unique needs are met.

Underwriting and Administration
Behind Preferred’s underwriting platform are decades of success built on integrity and market relationships. Our team of underwriters’ vast insurance expertise enhances the actuarial and scientific data used to underwrite individual risks within the trust. Services delivered are both broad and precise. Reliability is assured. The administrator for Preferred is Public Risk Underwriters of Florida, Inc.® (PRU), Florida’s premier public entity specialist of its kind. Preferred’s claims administrator is PGCS Claim Services. With more than 25 years in claims experience, PGCS is Florida’s foremost governmental third-party administration company.

Underwriting Highlights
Diverse risk financing options: guaranteed cost, deductible, self-insured retention, all lines aggregate
Competitive premium discounts based on favorable experience and sound safety practices
Flexibility of coverage design, including mono-line or package basis
Dynamic financial analysis conducted periodically to validate the trust’s superior financial standing

Administration
General counsel, defense counsel and litigation services by specialists in governmental law
Membership relations for networking and professional development
Legislative Pulse newsletter from Tallahassee-based law firm
Professional marketing that guarantees local agent support, governmental knowledge and an ever- growing group of members
Preferred News—a quarterly publication covering the spectrum of government insurance issues
State filing, accounting and independent CPA audited financials as needed

Preferred’s Expert Boards Know Your Business
Preferred is governed and guided by people working daily in all segments of Florida’s public sector – from municipalities to counties to schools to special taxing districts.

The Board of Trustees is comprised of elected public officials who work wisely and diligently to set policy, keeping Preferred as the premier public entity insurer of its kind.

Preferred Claims Administration
Preferred Governmental Claim Solutions, Inc. ® (PGCS) is the premier governmental third-party claims administrator in the state of Florida and administers the claims for Preferred Governmental Insurance Trust (Preferred). Since its founding in 1956, PGCS has provided claims administration services exclusively to over 450 governmental entities including schools, cities, towns, counties, community development districts, and fire districts. Therefore, PGCS’s adjusters are extremely qualified to handle governmental tort liability and public sector workers’ compensation claims. They are experts at investigating and handling police and firefighters presumption claims. PGCS is sensitive to the politics involved in the handling of public entity claims.

PGCS’s claims administration program consists of workers’ compensation, general liability, bodily injury, personal injury, property, auto liability, auto physical damage, employment practices liability, school leaders/educators liability and public officials liability. Their claims staff has over 630 years of combined insurance experience and each has been with PGCS an average of 8 years. Claims are handled under strict supervision in accordance with the PGCS workers’ compensation and liability claim handling procedure manuals and the PGCS claim best practices manual. A random sampling of each adjuster’s claim files are audited on a monthly basis by a Quality Assurance Manager to ensure compliance.

PGCS provides their clients with a dedicated Subrogation Unit to pursue reimbursements from at- fault third parties. Their current recovery rate is fifty-nine (59) percent of the claim costs expended. PGCS also has a dedicated excess reporting and recovery unit for communication to and securing reimbursement from the excess and/or reinsurance carriers. In addition, PGCS provides a state- approved Special Investigation Unit (SIU) to prevent and pursue fraudulent claims. PGCS offers rewards up to $10,000.00 for the arrest and conviction of persons committing workers’ compensation fraud. This service is provided via a twenty-four hour seven day a week hotline.

PGCS utilizes the RiskMaster system for claims processing. This system captures a wide variety of data and allows the adjuster to enter an unlimited number of claim notes, process reserve changes, and issue claim payments. Customized reports can be obtained from PGCS’s on-line system containing a multitude of data parameters that a client may choose to analyze. The system can be accessed by clients via their website at www.pgcs-tpa.com.

Communication with PGCS’s clients is the cornerstone of their claims administration program. Professional adjusters, nurses, management, quarterly in-depth claim review meetings, 24/7 claim reporting, utilization of attorneys specializing in public entity defense, litigation management, and return to work programs are just a sample of how PGCS has set the standard for the industry.

PGCS is committed to partnering with their clients to provide professional and aggressive claim management programs. While they are recognized as the leader in the industry, PGCS is always striving to improve the quality of their programs and expand the services that they offer.

Preferred Safety and Risk Management Services
The success of any public sector community is tied to its ability to protect and preserve its human physical assets. This basic premise serves as the cornerstone of an effective Safety Management program and underscores the importance of Safety and Risk Control to the community. Preferred’s Safety and Risk Management Department is very aware of the valuable contribution a comprehensive safety and risk control program makes to the bottom-line of any organization.

At Preferred, Safety consultations originate with one basic thought—to recommend specific measures to minimize or eliminate the exposures that cause accidents. This does not mean that the workplace become no-risk utopias, but we expect our consultants to recommend measures to control and minimize all types of accidents, injuries and illnesses to our Preferred members’ operations and premises.

Preferred is dedicated to meeting the challenge of the complex issues facing public sector organizations Disarming these issues and converting them into solutions which work to the advantage of our goal. Preferred’s approach to risk control incorporates the following elements:

Exposure Identification – Assist management in determining areas where a chance of loss might exist through cause trend analysis, work site evaluations, and facility inspections.

Exposure Measurement and Loss Analysis – Loss analysis and a review of the consequences of the exposures will be considered to develop alternative methods of control.

Determination and Selection of Appropriate Risk Control Methods – Based on measurement and analysis, specific recommendations and/or custom designed risk control plan will be formulated. OSHA, as well as other Agency Standards will be applied and/or used as a “Best Practice” measure when designing and formulating safety and risk control plans.

Training and Safety Management Consulting – After considering client needs specific services and/or training will be formulated and initiated to fit the client’s need. Key Personnel or specialty consulting services with the knowledge and skills needed to meet those identified needs will be provided.

Additional Consulting Services Available – Preferred’s Safety & Risk Management has other services available that may benefit our clients. These services include security evaluations and review of existing safety and risk programs.

Preferred’s Safety and Risk Management Department evaluates the unique needs to each client, ultimately designing a program that is capable of being integrated into the overall safety and risk control efforts of each client. Preferred’s dedication to the problem-solving approach is the foundation of their Safety and Risk Management Service.

Property – Inland Marine
Term:	October 1, 2021 to October 1, 2022

Company:	Preferred Governmental Insurance Trust (Preferred)

Covered Property (Per Schedule Provided)	
$2,249,600	Blanket Buildings and Contents	
	
Special Property Coverages	
$1,000,000	Flood	
	
Inland Marine (Per Schedule Provided)	
$50,000	Blanket Unscheduled Inland Marine***	
Included in Blanket	Communication Equipment***	
Included in Blanket	Contractor’s / Mobile Equipment***	
Included in Blanket	Electronic Data Processing Equipment***	
Included in Blanket	Emergency Portable Service Equipment***	
Included in Blanket	Fine Arts***	
Included in Blanket	Other Inland Marine	
Not Included	Rented, Leased or Borrowed Equipment♦♦	
Included in Blanket	Valuable Papers	
Not Included	Watercraft, Not Including Hull Coverage**	

Deductibles:	$1,000 per Occurrence – Buildings and Contents

3% of TIV per Occurrence / Per Location for “Named Storm” subject to minimum of $15,000 Per Occurrence. Location is defined by each itemized listing on the applicable schedule. Also applies to Inland Marine

$1,000 any one occurrence for Flood, except:
Excess of maximum NFIP available whether purchased or not or 5% of the TIV at each affected location whichever is greater for Zones A & V

$1,000 per Occurrence – Inland Marine

***Unscheduled items are subject to a maximum value of $25,000 or less per item. Items valued above this amount must be scheduled.

**Watercraft, not exceeding 25 feet, coverage is not hull coverage. Limited to Specified Perils only, excluding collision with another object.

♦♦Unscheduled items are subject to a maximum value of $250,000 or less per item, subject to the maximum per occurrence loss limit shown on the Inland Marine Schedule. Items valued above $250,000 must be schedule.

Property – Inland Marine
“Named Storm” Definition: “…the direct action of wind, including wind driven water and storm surge when associated with or occurring in conjunction with a storm or weather disturbance which is named…” Wind driven water and storm surge loss are NOT subject to Flood Sublimit and are included to the blanket limits.

Flood coverage in zones A or V, or within a 100 Year Flood Plain as designated by the United States Army Corps of Engineers, will have a special flood deductible equal to all flood insurance available for such property under the NFIP, whether purchased or not or 5% of the Total Insured Value at each affected location whichever is greater. If such property is not eligible for the National Flood Insurance Program because the community in which the property is located does not participate in the NFIP, the Special Flood Deductible will be $1,000,000 per insured location damaged in the flood occurrence or 5% of the Total Insured Value at each affected location whichever is greater.

Flood zones A will include, but not be limited to all the sub-classifications of AO, AH, AE, AR, A1 through A99, or any other sub-classification with the A prefix or designation. Flood zones V will include, but not be limited to all the sub- classifications of VO, VH, VE, VR V1 through V99, or any other sub-classification with the V prefix or designation. See policy form for special deductible restrictions.

Coverage:
Special form (formerly “All Risk”), subject to policy exclusions.
Replacement Cost applies to Buildings, Contents and EDP is subject to all terms and conditions of the coverage agreement the most we will pay for all loss, damage or costs in any one occurrence is the applicable limits of liability shown in the property declaration. The blanket limit of coverage shown in the property declaration applies to all covered property unless a separate limit, lower limit or reduced amount of coverage is indicated elsewhere in the coverage agreement or in the property declaration.
Inland Marine coverage paid at “Agreed Value” if the valuation type on the Inland Marine schedule is shown as agreed value; or the lesser of Actual Cash Value or 110% of the value reported on the schedule. See policy for complete details.
Preferred will pay for covered loss to your real property, inland marine or personal property:
At the location shown on the Schedule of the Declarations,
Property in the open within 1,000 feet of locations described in a. above,
With respects to Inland Marine, at or away from your covered location.
No Coinsurance Clause.
Certain coverages subject to sub-limits stated in policy.
During the current coverage agreement period, there will be no charge for any new locations acquired after the inception date of the agreement. If the newly added location was owned or acquired prior to the inception date of the coverage agreement, then premium is due at the time the location is added.
The Preferred Property Program is a shared limit. The limits purchased are a per occurrence limit and in the event an occurrence exhaust the limit purchased by Preferred on behalf of the members, payment to you for a covered loss will be reduced pro-rata based on the amounts of covered loss by all members affected by the occurrence.
Preferred will be appraising all property currently scheduled. At time of finalization of appraisal, building values are to be adjusted accordingly or Stated Value endorsement will be applied with immediate effect.

Property – Inland Marine

Sublimits of Coverage
Sublimits apply as part of, and not in addition to, the overall Total Insured Values coverage limit.	
$500,000	Accounts Receivable, per occurrence	
$1,000,000	Additional Expense	
$5,000	Animals, annual aggregate	
$500,000	Business Income	
$250,000, or 25% of loss whichever is greater	Debris Removal, per occurrence	
$500,000	Demolition Cost, Ordinance & Increased Cost of Construction, per occurrence	
$250,000	Errors and Omissions, per occurrence	
$5,000	Expediting Expense, per occurrence	
$25,000	Fire Department Charges, per occurrence	
$50,000	Fungus Cleanup Expense, annual aggregate	
$25,000 Per Occurrence
$1,000 Max per Tree	Lawns, Plants, Trees and Shrubs, Excludes Wind (see policy form for additional restrictions)	
$2,000,000	New Locations, per occurrence – 60 days from the date new location(s) is first purchased, rented or occupied, whichever is earlier. See policy for details.	
$50,000	Personal Property of Employees, per occurrence	
$50,000	Pollution Cleanup Expense, annual aggregate	
$250,000	Preservation of Property, per occurrence	
$20,000	Professional Fees, per occurrence	
$150,000	Property at Miscellaneous Unnamed Locations	
$10,000	Recertification, per occurrence	
$100,000	Service Interruption Coverage, per occurrence	
$250,000	Transit, per occurrence	

Property – Inland Marine Major Exclusions
Property Not Covered includes but not limited to:
Animals, water, land including land on which the property is located, shrubs, trees, lawns, growing crops, or standing timber, except under conditions described in the “Extensions of Coverage” section of the policy.
Aircraft.
Property you sold under conditional sale, trust agreement, installment payment, or other deferred payment plan after such property has been delivered to the customer.
Caves, caverns, mines or any type, or any property contained within them.
Currency, money, notes or securities.
Dams, dikes or levees.
Contraband or property in the course of illegal transportation or trade.
Property covered under import or export ocean cargo policies.
Property you transport as a common carrier.
Property shipped by mail, unless sent registered or certified.
Watercraft unless loss is from a specified peril and scheduled on the inland marine schedule.
Vehicles licensed or designed for highway use, unless shown on the Property Declaration, Extensions of Coverage item U, and then no coverage for any over the road coverage, or collision with another vehicle or object. The AOP deductible applies per occurrence and in the event of a Named Storm the Named Storm deductible applies per vehicle rather than per location. This coverage is paid at actual cash value at time of loss.
Bulkheads, docks, piers, wharves, retaining walls, boardwalks or underwater conduits from: freezing and thawing; impact of watercraft; waves, or debris driven by waves; pressure or weight of ice or water, whether driven by wind or not; or sinking or settling.
Electrical or communication lines, towers, and poles you own that are not located on a “covered location” insured under this policy.
Personal property of volunteers.
Underground pipes, unless loss is from a specified peril.

Excluded Risks of Direct Physical Loss include but not limited to:
War, invasion, acts of foreign enemies, hostilities or war like operations, civil war, rebellion, revolution, insurrection, civil commotion, military, usurped power, or any act of terrorism
Biological or Chemical Materials
Electronic Data or Electronic Date Recognition Exclusion
Asbestos
Damage caused by electronic currents artificially generated.
Pollution, except as provided under “Extensions of Coverage”
Building ordinance enforcement or Government action
Nuclear reaction
Utility failure
Fungus, except as provided under “Extensions of Coverage”
Any offshore oil well or oil shipping/tanker incident and the ensuing oil spill
Earth movement, whether sudden or gradual

Equipment Breakdown
Term:	October 1, 2021 to October 1, 2022

Company:	Preferred Governmental Insurance Trust (Preferred)

Covered Equipment:	Covered Property built to operate under vacuum or pressure, other
than weight of contents, or used for the generation, transmission or utilization of energy.

Coverage	Limit	
Property Damage / Loss of Business Income / Additional Expense per accident	$2,249,600	
Water Damage	$1,000,000	
Ammonia Contamination	$1,000,000	
Hazardous Substance Coverage	$1,000,000	
Utility Interruption (24 Hour Waiting Period)	$2,000,000	
Spoilage Damage	$250,000	
Ordinance or Law	$1,000,000	
Expediting Expenses	$1,000,000	
Data or Media	$250,000	
Fungus, Wet Rot, Dry Rot	$15,000	

Deductibles:	Same as Property – Building and Contents 24 Hours – Utility Interruption

General Liability
Term:	October 1, 2021 to October 1, 2022
Company:	Preferred Governmental Insurance Trust (Preferred)
Form:	Occurrence

Coverage	Limit	Deductible	
General Liability	
Bodily Injury and Property Damage, per Occurrence	$1,000,000	

$0
Per Occurrence	
Personal Injury and Advertising Injury, per Person/Occurrence	Included		
Products/Completed Operations, Aggregate	Included		
Fire Damage, per Occurrence	Included		
Employee Benefits Liability, per Occurrence	$1,000,000		
Sublimits	
Vicarious Law Enforcement Liability, per Occurrence	$1,000,000	

Same as General Liability	
Principle of Eminent Domain Including Inverse Condemnation,
“Bert J. Harris, Jr., Private Property Rights Protection Act” per Occurrence / Annual Aggregate.	
$100,000		
Sewer Backup and Water Damage: Non-Negligent Claims Negligent Claims.	
$10,000/$200,000
$200,000/$200,000		
Herbicide and Pesticide, per Occurrence	$1,000,000		

Additional Coverages Included:
EMT/Paramedic Professional Services
Premises Operations
“Insured” Contracts
Host Liquor Liability
Broad Form Property Damage Subject to $2,500 Personal Property of Others Sublimit
Watercraft Liability (under 52 feet). See policy form for limitations
Limited Worldwide Coverage
Failure to Supply Water
Communicable Disease (Correctional Facilities and Health Care Facilities - $300,000 Limit)

Notes of Importance:
Premium is not audited.
Defense Costs are paid in addition to policy limits.
In the event an occurrence, accident or offense continues beyond the policy period, the applicable deductible would apply separately to each policy period in which the occurrence, accident or offense was committed or was alleged to have been committed.
Limits of Liability are subject to Florida Statute 768.28.
Deductible does not apply to claims expense

General Liability
Exclusions, include but not limited to:
Expected or intended injury
Contractual Liability
Liquor Liability
Workers’ Compensation and similar laws
Employer’s Liability
Pollution
Aircraft, Auto or Watercraft
Mobile Equipment
War
Damage to Your Property, Product or Work
Damage to Impaired Property or Property Not Physically Injured
Recall of Products, Work or Impaired Property
Racketeering
Law Enforcement, except for vicarious liability arising out of an act or omission by a law enforcement agency that is not owned, operated or controlled by the “Covered party” if there is a contract with an outside agency to provide law enforcement for your entity.
Asbestos, Mold, Fungi, or Bacteria
Liability arising out of or caused or contributed to by any ownership, maintenance, operation, use, loading, unloading or control of or responsibility for any airfield, airport, aircraft, runway, hangar, building or other property or facility designed for, used, connected, associated or affiliated with or in any way related to aviation or aviation activities; this exclusion does not apply to premises exposure for those common areas open to the public including but not limited to parking areas, sidewalks, and terminal buildings.
Failure or inability to supply or any interruption of any adequate quantity of power, steam, pressure, or fuel
Subsidence, erosion or earth movement.
Hospital / Clinic Medical Malpractice or Health Care Facilities
Professional Health Care Services, but not including emergency medical services for first aid performed by emergency medical technicians, paramedics or Medical Director while in the course and scope of their duties.
ERISA
Actual or alleged illegal discrimination
Injunctive, declaratory or equitable relief
Actual or alleged deterioration, bursting breaking, leaking, inadequacy, design of, control of, maintenance of, or any other alleged responsibility for any structure device, or water course, natural or man-made, including, but not limited to: dams, reservoirs, levees, banks, embankments, gates, canals, ditches, gutters, sewers, aqueducts, channels, culvert, retaining walls, drains, tanks, watershed, or drains, a purpose of which is the containing, carrying, impeding, channeling, diverting, or draining of water or other liquid. Does not apply only as to the bursting or failure of man-made sewer, storm water, grey water or potable water supply pipes owned and maintained by Covered Party.
Sexual abuse after initial discover

Deadly Weapon Protection
Term:	October 1, 2021 to October 1, 2022
Company:	Preferred Governmental Insurance Trust (Preferred)
Form:	Claims Made

Deadly Weapon Protection – Claims Made
Retroactive Date: 10/1/2019	
Coverage	Limit	Deductible	
Deadly Weapon Event (Including Claims Expenses), per event	$1,000,000	$0
Per Event	
Deadly Weapon Protection – Sublimits	
Business Interruption	Included	

$0
Per Event	
Demolition, Clearance, and Memorialization, per event	$250,000		
Extra Expense, per event	$250,000		
Crisis Management	Included		
Property Damage Extension, per event	$250,000		
Counseling Services, per event	$250,000		
Funeral Expenses, per event	$250,000		
Claims Expenses	Included		

Notes of Importance:
Coverage limited to scheduled locations only.
Premium is not audited.
Defense Costs are paid within the policy limits.
Deductible does not apply to claims expense.

Any Event that occurs at a Location which has been specifically leased or loaned by the CDD to any other entity or individual to host a permitted event planned and ticketed for more than 15,000 attendees over the duration of the event, MUST BE reported to AND APPROVED by Preferred PRIOR to event. The Trust may, at their discretion, charge an additional premium and/or impose additional conditions specifically for that event.

Deadly Weapon Protection
Exclusions include but are not limited to:
Loss of market, income or use at the property physically lost or physically damaged.
Confiscation, nationalization, requisition, destruction or damage to property by any authority.
Criminal, dishonest, fraudulent or malicious conduct by the Covered Party.
Negligent act, error, omission, misstatement, misleading statement, neglect or breach of duty by the Directors or Officers
Euthanasia.
Explosive devices unless used in conjunction with a Deadly Weapon Event.
Vehicle not defined as a Road Vehicle;
Weapon mounted (or designed to be mounted) on a vehicle;
Weapon, device or substance delivered by an airborne weapon delivery system including, but not limited to, fixed wing aircraft, helicopter or drone.
Injury or death to employees of the Covered Party, except for Crisis Management Services, Counselling Services, and Funeral Expenses endorsed by Extension to this Coverage Agreement.
Claim or Claims made by, or on behalf of, any Assailant(s).
Use or operation, as a means for inflicting harm, of any computer, computer system, computer software program, malicious code, computer virus or process or any other electronic system.
Nuclear, Chemical, Biological, Bio-Chemical, Electromagnetic or Radioactive Weapons.
Mental injury or mental anguish related claim where no actual Bodily Injury has occurred to the claimant.
Covered Party's recklessness or deliberate misconduct.
Mercy Killing(s).
Covered Party except for employee while they are a recipient of Business Services being provided by the Covered Party.
Pollutant or Contaminant.
Goods or products designed, manufactured, constructed, altered, repaired, serviced, treated, sold, supplied or distributed by the Covered Party.
Property Damage in respect of property:
owned, leased, rented or occupied by the Covered Party.
in the care, custody or control of the Covered Party or the care, custody or control of any person under contract with the Covered Party.
Punitive or exemplary damages, sanctions or any additional damages resulting from the multiplication of compensatory damages.
Strikes, labor unrest, riots or civil commotion.
Suicide.
War, invasion, acts of foreign enemies, hostilities or warlike operations, civil war, rebellion, revolution, insurrection, civil commotion assuming the proportions of, or amounting to, an uprising, military power.

Deadly Weapon Protection

Claims Made Policy:
When a policy is on a claims-made basis, coverage triggers based on the actual filing date or receipt of the claim, in addition to the date of loss or injury. It handles any insured loss or claim filed during the policy period, regardless of when the actual loss or injury occurred, subject to the retroactive date on the declarations. Claims-made coverage applies only to covered losses that occur after the retroactive date.

Extended Reporting Periods:
Preferred provides the following Extended Reporting Periods options in the event coverage is cancelled or non-renewed:

Automatic Extended Reporting Period – continued coverage granted for a period of 90 days following the effective date of termination or nonrenewal, but only for Claims first made during the 90 days and arising from Wrongful Acts taking place prior to the effective date of the termination or nonrenewal.

Public Officials Liability/Employment Practices Liability Cyber Liability
Term:	October 1, 2021 to October 1, 2022

Company:	Preferred Governmental Insurance Trust (Preferred)

Form:	POL/EPLI: Claims Made – Duty to Defend
Cyber Liability: Claims Made – Duty to Defend

Coverage	Limit	Deductible	
Public Officials Liability
Retroactive Date: Full Prior Acts	
Per Claim	$1,000,000	$0
Per Claim	
Employment Practices Liability
Retroactive Date: Full Prior Acts	
Per Claim	$1,000,000	$0
Per Claim	
Sublimits	
Employee Pre-Termination Legal Consultation Services Per Employee
Aggregate	
$2,500
$5,000		
Non-Monetary Claims Defense Costs, Aggregate	$100,000		
	
Cyber Liability
Retroactive Date: 10/1/2018	
Each Claim	$2,000,000	$25,000
Per Claim	
Aggregate for all Notification Costs	$2,000,000		
Aggregate for all Regulatory Fines & Expenses	$2,000,000		
Sublimits	
Cyber Crime, Aggregate for all Sublimits below: Social Engineering Financial Fraud, per claim Funds Transfer Fraud, per claim
Invoice Manipulation, per claim	$250,000
$250,000
$100,000
$100,000		
Utility Fraud, Aggregate for all Sublimits below: Crypto-Jacking, per claim Telecommunications Fraud, per claim	$100,000
$100,000
$100,000		
Bricking Incident, per claim	$250,000		
Voluntary Shutdown, per claim	$250,000		
PCI DSS, per claim	$1,000,000		
*Coverages included in Cyber Liability include the following:
Media Content Services	First Party Business Interruption	Privacy	
First Party Crisis Management	First Party Extortion Threat	Network Security	

Public Officials Liability/Employment Practices Liability Cyber Liability
Notes of Importance:
Defense Costs are paid in addition to policy limits.
Deductible does not apply to claims expense
Broadened definition of “Who is an Insured.”
Limits of Liability are subject to Florida Statute 768.28.

Exclusions, include but not limited to:
Criminal Acts
Non-Monetary relief except as provided in the Supplementary Payments
Bodily Injury, Personal Injury, Property Damage, Advertising Injury
Damages arising out of Inverse Condemnation, Eminent Domain, Temporary or Permanent taking, Adverse Possession, Dedication by adverse Use, Condemnation Proceedings, or claims brought under Florida Statute 70.001 the “Bert J. Harris Jr., Private Property Rights Protection Act” or any similar claim by whatever named called.
War, Invasion, Acts of foreign enemies, hostiles or warlike operations, strike, lock-out, riot, civil war, rebellion, revolution, insurrection or civil commotion
Failure to effect and maintain insurance
Fiduciary Liability
Pollution
Workers’ Compensation, Employers Liability and similar laws
Nuclear
ERISA of 1974, any similar state or local laws, and any rules and regulations promulgated thereunder and amendments thereto.
Infringement of copyright, trademark, plagiarism, piracy or misappropriation of any ideas or other intellectual property
Contractual Liability
Health Care Professional or Health Care Facilities
Prior and Pending claims
Workers’ Adjustment and Retraining Notification Act, OSHA, RICO, or ADA
Law Enforcement Activities
Insured vs. Insured
Bonds, Taxes or Construction contracts
Collective Bargaining Agreements
Capital Improvement to make property more accessible or accommodating to disabled persons
Punitive Damages
Return or improper assessment of taxes, assessments, penalties, fines, fees
Activities of any attorney-at-law, medical personnel, architect, engineer or accountant, in the scope of their professional duties, except for claims made against them as Public Officials or Employees
Media Wrongful Act
Access or Disclosure of Confidential or Personal Information and Data-related Liability

Public Officials Liability/Employment Practices Liability Cyber Liability
Claims Made Policy:

When a policy is on a claims-made basis, coverage triggers based on the actual filing date or receipt of the claim, in addition to the date of loss or injury. It handles any insured loss or claim filed during the policy period, regardless of when the actual loss or injury occurred, subject to the retroactive date on the declarations. Claims-made coverage applies only to covered losses that occur after the retroactive date.

Extended Reporting Periods:

Preferred provides the following Extended Reporting Periods options in the event coverage is cancelled or non-renewed:

Automatic Extended Reporting Period – continued coverage granted for a period of 60 days following the effective date of termination or nonrenewal, but only for Claims first made during the 60 days and arising from Wrongful Acts taking place prior to the effective date of the termination or nonrenewal.

Optional Extended Reporting Period – The Public Entity shall have the right, upon payment of up to 200% of the expiring premium, to purchase an Optional Extended Reporting Period, for the period of 12 months following the effective date of the cancellation or nonrenewal, but only for Claims first made during the Optional Extended Reporting Period and arising from Wrongful Acts taking place prior to the effective date of the termination or nonrenewal.

Automobile Liability – Hired & Non-Owned
Term:	October 1, 2021 to October 1, 2022

Company:	Preferred Governmental Insurance Trust (Preferred)

Coverage	Limit	Symbol	Deductible	
Automobile Liability (Based on 00 Vehicles)	
Hired & Non Owned Automobile Liability	$1,000,000	8, 9	$0
Each Accident	
Personal Injury Protection	Statutory	5	$0
Per Person	
Medical Payments	Not Included	2	N/A	
Uninsured Motorist	Rejected	2	N/A	

Coverage and Notes of Importance:

Defense Costs are paid in addition to policy limits.
Hired and non-owned liability is included.
Premium is based on number of vehicles and subject to adjustment if schedule is changed.
Limits of Liability are subject to Florida Statute 768.28.

Automobile Liability and Physical Damage
Description of Covered Auto Designation Symbols:

SYMBOL		DESCRIPTION	
1	=	ANY “AUTO”	
2	=	ALL OWNED “AUTOS” ONLY. Only those “autos” you own and or lease (and for Liability Coverage any “trailers” you don’t own while attached to power units you own). This also includes all those “autos” you acquire ownership of after the coverage agreement begins.	
3	=	OWNED PRIVATE PASSENGER “AUTOS” ONLY. Only the private passenger “autos” you won. This includes those private passenger “autos” you acquire ownership of after the
coverage agreement begins.	
4	=	OWNED “AUTOS” OTHER THAN PRIVATE PASSENGER “AUTOS” ONLY. Only those “autos”
you won that are not of the private passenger type (and for Liability Coverage any “trailers” you don’t own while attached to power units you own). This includes those “autos” not of the private passenger type you acquire ownership of after the coverage
agreement begins.	
5	=	OWNED “AUTOS” SUBJECT TO NO-FAULT. Only those “autos” you own and or lease that are required to have No-Fault benefits in the state where they are licensed or principally garaged. This includes those “autos” you acquire ownership of after the coverage agreement begins provided they are required to have No-Fault benefits in the state where
they are licensed or principally garaged.	
6	=	OWNED “AUTOS” SUBJECT TO A COMPULSORY UNINSURED MOTORIST LAW. Only those
“autos” you own and or lease that because of the law in the state where they are licensed or principally garaged are required to have and cannot reject Uninsured Motorists Coverage. This includes those “autos” you acquire ownership of after the coverage
agreement begins provided they are subject to the same state uninsured motorists requirement.	
7	=	SPECIFICALLY DESCRIBED “AUTOS”. Only those “autos” described in ITEM THREE of the
Declarations for which a premium charge is shown (and for Liability Coverage any “trailers” you don’t own while attached to any power unit described in ITEM THREE).	
8	=	HIRED “AUTOS” ONLY. Only those “autos” you hire rent or borrow. This does not include any “auto” you lease, hire, rent, or borrow from any of your employees or partners or members of their households.	
9	=	NONOWNED “AUTOS” ONLY. Only those “autos” you do not own, hire, rent or borrow that are used in connection with your business. This includes “autos” owned by your employees or partners or members of their households but only while used in your business.	

Workers’ Compensation
Term:	October 1, 2021 to October 1, 2022

Insurer:	Preferred Governmental Insurance Trust (Preferred)

Class Code	Description of Class Code	Estimated Payroll	
8810	Clerical Office Employees NOC	$6,000	
Total Payroll	$6,000	
Experience Modification	1.00	
Estimated Annual Premium	$2,000	

Notes of Importance:

1. The “Estimated Annual Premium” does not include safety program and drug-free workplace credits as per Florida Statute 440.
2. Employer’s Limit of Liability is $1,000,000/$1,000,000/$1,000,000.
Experience modification factor is subject to verification. This final amount of credit is dependent upon compliance with program requirements.
Final premium subject to payroll audit.
The expense constant charge has been included.
Payment terms are 25% down and 9 installments.

Crime
Term:	October 1, 2021 to October 1, 2024

Company:	Travelers Casualty and Surety Company of America (Rated A++ XV by A.M. Best)

Limits of Liability and Coverage:

Coverage	Limit	Deductible	

A – Fidelity: Employee Theft	
$500,000	
$5,000	
B - Forgery or Alteration Coverage	$500,000	$5,000	
C - On Premises	$500,000	$5,000	
D - In Transit	$500,000	$5,000	
E – Money Orders and Counterfeit Money	$500,000	$5,000	
F – Computer Crime
Computer Fraud
Computer Program and Electronic Data Restoration Expense	
$500,000
Not Covered	
$5,000	
G – Funds Transfer Fraud	$500,000	$5,000	
H – Personal Accounts Protection
Personal Accounts Forgery or Alteration
Identity Fraud Expense Reimbursement	Not Covered Not Covered	
N/A	
I – Claim Expense	$5,000	$0	

Notes of Importance:

1. Employee dishonesty coverage is excluded for those employees required by law to be individually bonded.

Crime
Policy and Endorsement forms include but are not limited to:

Form	Form Number	
Removal of Short-Rate Cancellation Endorsement	ACF-7006-0511	
Table of Contents Florida	CRI-4031-0109	
Crime Policy Form	CRI-3001-0109	
Government Entity Crime Endorsement	CRI-7125-0109	
Global Coverage Compliance Endorsement – Adding Financial Interest Coverage and Sanctions Condition and Amending Territory Condition	CRI-19072-0315	
Social Engineering Fraud Insuring Agreement Endorsement	CRI-19085-0919	
Amendatory Endorsement for Certain ERISA Consideration	CRI-19101-1117	
Telecommunication Fraud Insuring Agreement Endorsement	CRI-19115-0519	
Florida Changes Endorsement	CRI-4029-0210	
Florida Cancellation of Termination Endorsement	CRI-5010-0613	
Replace Exclusion BB Endorsement/Identity Fraud	CRI-19097-0517	
Crime Declarations Page	CRI-2001-0109	

Premium Recapitulation Page 1 of 2

	Accept	Reject	
Preferred Package
Property including Equipment Breakdown	
$18,919.00	
		
Inland Marine	$100.00			
General Liability	$2,500.00			
Deadly Weapon Protection*	Included		
Public Officials / Employment Practices Liability	$2,991.00			
Cyber Liability	$1,300.00			
Automobile Liability	$500.00			

Annual Premium	Check Option

	

Package Payment Plan:	CONFIRM CURRENT: Annual

*Deadly Weapon Protection Coverage: Any Event that occurs at a Location which has been specifically leased or loaned by the CDD to any other entity or individual to host a permitted event planned and ticketed for more than 15,000 attendees over the duration of the event, MUST BE reported to AND APPROVED by Preferred PRIOR to event. The Trust may, at their discretion, charge an additional premium and/or impose additional conditions specifically for that event.

Workers’ Compensation	$2,000.00	      
Workers’ Compensation Payment Plan:	CONFIRM CURRENT:
25% Down,		
9 Installments

All lines of coverage must be accepted in order to bind coverage with Preferred.

Premium Recapitulation Page 2 of 2

Accept	Reject

Annual Premium	Check Option

Crime – 3 year policy with Annual installments of
$544

$1,632.00		

I authorize PRIA to request the underwriters to bind coverage on the items indicated above and acknowledge receipt of the Compensation and Financial Condition Disclosure(s) provided in this proposal.

(Signature)

(Name & Title)

(Date)

Notes of Importance:

Quotes provided in the proposal are valid until 10/01/2021. After this date terms and conditions are subject to change by the underwriters.

Preferred is not subject to the Florida Insurance Guaranty Act, in the event it becomes unable to meet its claims payment obligations. However, insured is named on excess of loss policies.

Some of the Carriers of the Preferred excess of loss policies are issued pursuant to the FL Surplus Lines laws. Entities insured by surplus lines carriers do not have the protection of the FL Insurance Guaranty Act to the extent of any right of recovery for the obligation of an insolvent, unlicensed insurer.

Quote is subject to review and acceptance by Preferred Board of Trustees.

Premiums are subject to change if all lines of coverage quoted are not bound. Premiums are subject to 25% minimum premium upon binding.

Not all coverages requested may be provided in this quotation.

Flood quotes from NFIP may be available. Please advise your agent if you have property located in zones A or V and would like to have separate NFIP quotes.

Property values are based on information supplied by you. You should have reviewed your property schedule and as you deem necessary have appraisals done to verify your reported values are accurate based on current market conditions.

The Trust requires all Members to maintain valid and current certificates of workers’ compensation insurance for all work performed by persons other than its employees.

With the exception of Workers’ Compensation, the total premium is due within 30 days of inception. Premium financing can be arranged if needed.

Quote is not bound until written orders to bind are received from the insured and the Trust and Company subsequently accepts the risk.

Should signed application reveal differing details/data than original application received, the entire quote/binder is subject to revision and possible retraction.

Higher limits of liability may be available. Please consult with your agent.

This proposal is based upon exposures to loss made known to the Public Risk Insurance Advisors. Any changes in exposures (i.e. new operations, new acquisitions of property or change in liability exposure) need to be promptly reported to us in order that proper coverage may be put into place.

This proposal is intended to give a brief overview. Please refer to coverage agreements for complete information regarding definition of terms, deductibles, sub-limits, restrictions and exclusions that may apply. In the event of any differences, the policy will prevail.

Retail Compensation Disclosure

In addition to the commissions or fees received by us for assistance with the placement, servicing, claims handling, or renewal of your insurance coverages, other parties, such as excess and surplus lines brokers, wholesale brokers, reinsurance intermediaries, underwriting managers and similar parties, some of which may be owned in whole or in part by Brown & Brown, Inc., may also receive compensation for their role in providing insurance products or services to you pursuant to their separate contracts with insurance or reinsurance carriers. That compensation is derived from your premium payments. Additionally, it is possible that we, or our corporate parents or affiliates, may receive contingent payments or allowances from insurers based on factors which are not client-specific, such as the performance and/or size of an overall book of business produced with an insurer. We generally do not know if such a contingent payment will be made by a particular insurer, or the amount of any such contingent payments, until the underwriting year is closed. That compensation is partially derived from your premium dollars, after being combined (or “pooled”) with the premium dollars of other insureds that have purchased similar types of coverage. We may also receive invitations to programs sponsored and paid for by insurance carriers to inform brokers regarding their products and services, including possible participation in company-sponsored events such as trips, seminars, and advisory council meetings, based upon the total volume of business placed with the carrier you select. We may, on occasion, receive loans or credit from insurance companies. Additionally, in the ordinary course of our business, we may receive and retain interest on premiums you pay from the date we receive them until the date of premiums are remitted to the insurance company or intermediary. In the event that we assist with placement and other details of arranging for the financing of your insurance premium, we may also receive a fee from the premium finance company.

If an intermediary is utilized in the placement of coverage, the intermediary may or may not be owned in whole or part by Brown & Brown, Inc. or its subsidiaries. Brown & Brown entities operate independently and are not required to utilize other companies owned by Brown & Brown, Inc., but routinely do so. In addition to providing access to the insurance company, the Wholesale Insurance Broker/Managing General Agent may provide additional services including, but not limited to: underwriting; loss control; risk placement; coverage review; claims coordination with insurance company; and policy issuance. Compensation paid for those services is derived from your premium payment, which may on average be 15% of the premium you pay for coverage, and may include additional fees charged by the intermediary.

Questions and Information Requests. Should you have any questions, or require additional information, please contact this office at (386) 252-6176 or, if you prefer, submit your question or request online at http://www.bbinsurance.com/customerinquiry/.

Notice of Carrier Financial Status

Risk Management Associates, Inc. dba Public Risk Insurance Advisors, and its parent company, Brown & Brown, Inc. (collectively “Brown & Brown”) do not certify, warrant or guarantee the financial soundness or stability of any insurance carrier or alternative risk transfer or pooling entity. We endeavored to place your coverage with an insurance carrier with an AM Best Company financial rating of “A-” or better.* While Brown & Brown cannot certify, warrant or guarantee the financial soundness or stability of any insurance carrier or alternative risk transfer or pooling entity or otherwise predict whether the financial condition of any such entity might improve or deteriorate, we are hereby providing you with notice and disclosure of financial condition so that you can make an informed decision regarding the placement of coverage. Accordingly, with receipt of this notice you acknowledge the following with regard to the placement and any subsequent renewal of the coverage indicated below:

Brown & Brown may have other options for your insurance placement, including quotations with insurance carriers holding an “A-” or better rating from AM Best Company. Alternative quotes may be available with an A- or better rated carrier upon your request.

Coverage is being renewed through Preferred Governmental Insurance Trust (“Preferred”), which is as a Florida local government self-insurance fund established pursuant to Section 624.4622, Florida Statutes, as such Preferred is not rated by the AM Best Company.

Preferred is not subject to the protections afforded by any state guaranty fund or association.

The financial condition of insurance companies and other coverage providers including local government self-insurance funds like Preferred may change rapidly and that such changes are beyond the control of Brown & Brown.

You should review the financial and membership information from Preferred and agree to abide by the conditions of membership established by Preferred.

You should consider the information provided, including the Preferred coverage quote and coverage placement and review it with your accountants, legal counsel and advisors.

Named Insured:	Key Marco Community Development District	
Line of Coverage(s):	Property/Inland Marine/General Liability/Deadly Weapon/Public Officials & Employment Practices Liability & Cyber Liability/Workers’ Compensation/Deadly Weapon Protection Liability	
Policy Number(s):	PK FL1 0114302 21-12/WC FL1 0114302 20-10	
Policy Period(s):	10/1/21 – 22	
Date of Notice:	8/4/21	

* AM Best Rating Guide:	Rating for Stability: A++ to F = Highest to lowest rating
Financial Size Category: XV to I - Largest to smallest rating

Guide to Bests Ratings	
Best Category	Rating	Description	
Secure	A++	Superior	
Secure	A+	Superior	
Secure	A	Excellent	
Secure	A-	Excellent	
Secure	B++	Very Good	
Secure	B+	Very Good	
Vulnerable	B	Fair	
Vulnerable	B-	Fair	
Vulnerable	C++	Marginal	
Vulnerable	C+	Marginal	
Vulnerable	C	Weak	
Vulnerable	C-	Weak	
Vulnerable	D	Poor	
Vulnerable	E	Under Regulatory Supervision	
Vulnerable	F	In Liquidation	
Vulnerable	S	Rating Suspended	
Not Rated	NR-1	Insufficient Data	
Not Rated	NR-2	Insufficient Size and/or operating experience	
Not Rated	NR-3	Rating Procedure Inapplicable	
Not Rated	NR-4	Company Request	
Not Rated	NR-5	Not Formally Followed	
Rating Modifier	u	Under Review	
Rating Modifier	q	Qualified	
Affiliation Code	g	Group	
Affiliation Code	p	Pooled	
Affiliation Code	r	Reinsured	
Guide to Best’s Financial Size Categories	
Reflects size of	I	Less than $1,000,000	
insurance company	II	$1,000,000 - $2,000,000	
based on their	III	$2,000,000 - $5,000,000	
capital, surplus	IV	$5,000,000 - $10,000,000	
and conditional	V	$10,000,000 - $25,000,000	
reserve funds in	VI	$25,000,000 - $50,000,000	
U.S. dollars.	VII	$50,000,000 - $100,000,000	
	VIII	$100,000,000 - $250,000,000	
	IX	$250,000,000 - $500,000,000	
	X	$500,000,000 - $750,000,000	
	XI	$750,000,000 - $1,000,000,000	
	XII	$1,000,000,000 - $1,250,000,000	
	XIII	$1,250,000,000 - $1,500,000,000	
	XIV	$1,500,000,000 - $2,000,000,000	
	XV	Greater than $2,000,000,000	

Public Risk Insurance Advisors always strives to place your coverage with highly secure insurance companies. We cannot, however, guarantee the financial stability of any carrier.

SIGNATURE PAGE

Policy#: PK FL1 0114302 21-12

Key Marco CDD

Effective: 10/01/2021	Termination: 10/01/2022

I hereby confirm that the limits/coverages as shown here, corresponding with the Coverage Agreement, are correct:
X	Property	
TIV: $2,249,600		
X	Inland Marine
Blanket Unscheduled IM: $50,000
Scheduled Inland Marine: Not Included
Total All Inland Marine: $50,000	
N/A	Property TRIA (Terrorism Risk Insurance Act) coverage	
N/A	Crime	
X	General Liability	

Ratable Payroll: $6,000		
N/A	Law Enforcement Liability
Officers: Not Included	
X	Professional Liability
Employees: 5	
X	Automobile	0
0
0	Units - Auto Liability Units - Comprehensive Units - Collision	
N/A	Stop Loss Aggregate: Not Included
Applies to:	
N/A	Excess Workers' Compensation
Payroll: Not Included	
N/A	I confirm that I have received a copy of Preferred's Current lnterlocal Agreement (last amended October 1, 2004) and Amendment A (effective October 1, 2013).	
N/A	I confirm having read and agreed to the terms as laid out in the attached Preferred Participation Agreement (which also requires a signature).	

A signed copy of the following is also required where applicable: First Page of Preferred Application; Professional Liability Application; Uninsured Motorist Rejection/Election Form; SIR Signature Page.

Signature

Name	 	

Title		 Date    	

Coverage is provided by Preferred Governmental Insurance Trust

The brief description of coverage contained in this document is being provided as an accommodation only and is not intended to cover or describe all Coverage Agreement terms. For more complete and detailed information relating to the scope and limits of coverage, please refer directly to the Coverage Agreement documents. Specimen forms are available upon request.

Print Date: 7/29/2021	Submisson Signature Page.rpt

Preferred®

Named Covered Party:

Key Marco CDD

l•K,

d•I I

VERNMENTAL INSURANCE TRUST

Agreement Number:

10/01/2021 to 10/01/2022

Coverage Provided By:	Preferred Governmental Insurance Trust Quote Number:	PK FL1 0114302 21-12

YOU ARE ELECTING NOT TO PURCHASE CERTAIN VALUABLE COVERAGE WHICH PROTECTS YOU AND YOUR FAMILY OR YOU ARE PURCHASING UNINSURED MOTORISTS LIMITS LESS THAN YOUR BODILY INJURY LIABILITY LIMITS WHEN YOU SIGN THIS FORM. PLEASE READ CAREFULLY.
Uninsured Motorist coverage provides for payment of certain benefits for damages caused by owners or operators of uninsured motor vehicles because of bodily injury or death resulting there from. Such benefits may include payments for certain medical expenses, lost wages , and pain and suffering , subject to limitations and conditions contained in the Coverage Agreement. For the purpose of this coverage, an uninsured motor vehicle may include a motor vehicle as to which the bodily injury limits are less than your damages.

Florida law requires that automobile liability coverage agreements include Uninsured Motorist coverage at limits equal to the
Bodily Injury limits in your coverage agreement unless you select a lower limit offered by the Trust, or reject Uninsured Motorist entirely.
Please indicate whether you desire to entirely reject Uninsured Motorist coverage, or, whether you desire this coverage at limits lower than the Bodily Injury Liability limits of your Coverage Agreement:
D√	a.	I hereby reject Uninsured Motorist coverage.

D

b. I hereby select the following Uninsured Motorist limits which are lower than my Bodily Injury Liability Limits: each person (enter limit if applicable)

D

each accident

c. I hereby select Uninsured Motorist coverage limits equal to my Bodily Injury Liability limits. (If you select this option disregard the bold face statement above.)

ELECTION OF NON-STACKED COVERAGE
(Do not complete if you have rejected Uninsured Motorist)
You have the option to purchase, at a reduced rate, non-stacked (limited) type of Uninsured Motorists coverage. Under this form if injury occurs in a vehicle owned or leased by you or any family member who resides with you, this Coverage  Agreement will apply only to the extent of coverage (if any) which applies to that vehicle in this Coverage Agreement. If an injury occurs while occupying someone else's vehicle, or you are struck as a pedestrian, you are entitled to select the highest limits of Uninsured Motorist coverage available on any one vehicle for which you are a Named Covered Party, covered family member, or covered resident of the Named Covered Party's household. This Coverage Agreement  will not apply if you select the coverage  available under any other Coverage  Agreement issued to you or the Coverage Agreement of any other family member who resides with you.

D

If you do not elect to purchase the non-stacked form, your Coverage Agreement limit(s) for each motor vehicle are added together (stacked) for all covered injuries. Thus, your Coverage Agreement limits would automatically change during the Coverage Agreement term if you increase or decrease the number of autos covered under the Coverage Agreement.

I hereby elect the non-stacked form of Uninsured Motorist coverage.

I understand and agree that selection of any of the above options applies to my liability Coverage Agreement and future renewals or replacements of such Coverage Agreement which are issued at the same Bodily Injury Liability limits. If I decide to select another option at some future time, I must let the Trust or my agent know in writing.

Signature

Name	 	

Title		 Date    		

The brief description of coverage contained in this document is being provided as an accommodation only and is not intended to cover or describe all Coverage Agreement terms . For more complete and detailed information relating to the scope and limits of coverage , please refer directly to the Coverage Agreement documents. Specimen forms are available upon request.

Print Date: 7/29/2021

UM Form.rpt

RESOLUTION 2021-07

A RESOLUTION OF THE KEY MARCO COMMUNITY DEVELOPMENT DISTRICT DESIGNATING DATES, TIME, AND LOCATION FOR REGULAR MEETINGS OF THE BOARD OF SUPERVISORS OF THE DISTRICT FOR FISCAL YEAR 2021/2022 AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Key Marco Community Development District (the “District”) is a local unit of special-purpose government created by and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Marco Island in Collier County, Florida; and

WHEREAS, the Board of Supervisors of the District (“Board”) is statutorily authorized to exercise the powers granted to the District; and

WHEREAS, all meetings of the Board shall be open to the public and governed by the provisions of Chapter 286, Florida Statutes; and

WHEREAS, the Board is statutorily required to file annually, with the local governing authority and the Florida Department of Economic Opportunity, a schedule of its regular meetings.

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE KEY MARCO COMMUNITY DEVELOPMENT DISTRICT

Section 1.       ADOPTING REGULAR MEETING SCHEDULE.   Regular meetings of the District’s Board shall be held during the Fiscal Year 2021/2022 as provided on the schedule attached hereto as Exhibit A.

Section 2. FILING REQUIREMENT. In accordance with Section 189.015(1), Florida Statutes, the District’s Secretary is hereby directed to file a schedule of the District’s regular meetings annually with Collier County and the Florida department of Economic Opportunity.

Section 3. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED this 18th day of August, 2021.

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
ATTEST:

Katie Maline, Secretary	Mary Beth Schewitz, Chair

Exhibit “A”

2021-2022 Meeting Schedule

FISCAL YEAR 2021-2022 PROPOSED
KEY MARCO COMMUNITY DEVELOPMENT DISTRICT MEETING SCHEDULE

Meetings are conducted the 3rd Wednesday of the mont h. Time:	8:30 a.m.
Location:	505 Whiskey Creek Drive,
Marco Island, Florida 34145

October 20, 2021

December 15, 2021

February 16, 2022

April 20, 2022

June 15, 2022

August 17, 2022

Regular Meeting Regular Meeting Regular Meeting
Regular Meeting & Preliminary Budget Review Regular Meeting
Budget Hearing & Regular Meeting to follow.