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LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />a] <br />ITEM ABSTRACT <br />Meeting Date: May 19, 2008 <br />ITEM NO. II. F. <br />_ Information <br />Action Item <br />_XX Consent Agenda <br />SUBJECT: Property and Liability Insurance Coverage <br />DEPARTMENT: Administration <br />CONTACT PERSON: John Crumpton, County Manager <br />REQUEST: Consider Property and Liability renewal quote from the North <br />Carolina Association of County Commissioners Liability and <br />Property Pool. <br />SUMMARY: Lee County currently carries its property and liability insurance <br />coverage with the North Carolina Association of County <br />Commissioners Liability and Property Pool. A renewal has been <br />received from the Pool for FY 2008-2009. This year's renewal is in <br />the amount of $396,652.00. <br />BUDGET IMPACT: Current FY 2007-2008: $485,084.00 <br />Renewal FY 2008-2009: $396.652.00 <br />Cost Difference: $ 88,432.00 <br />ATTACHMENT(S): (1) NCACC Liability and Property Pool Renewal Estimate <br />(2) NCACC Annual Participation Agreement <br />(3) Resolution for Property and Liability Insurance Coverage <br />PUBLIC HEARING: No <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Approve property and liability insurance renewal as presented. <br />a1s <br />11 <br />