Resolution accepting renewal proposals submitted by Wright National Flood Insurance Company, P.O. Box 33003, St. Petersburg, FL  33733, for an annual premium in the amount of $52,027 for flood insurance coverage for various City properties in flood zones for the period of July 25, 2017 to July 25, 2018; authorizing payment for any additional flood premium, not to exceed $20,000, for additional properties determined to be in flood zones and for adjustments in property values that may cause a need for an increase of coverage during the period of July 25, 2017 to July 25, 2018.  Funds are available in Consolidated Insurance Fund.

Recommendation:  Human Resources Director recommends adoption of the Resolution.