Title
Authorization to execute an agreement with Centurisk for property valuation services related to our on-site property appraisals. Physical evaluations of our insurable properties (buildings) are necessary every 5 years to accurately market the commercial insurance coverage for LFUCG’s property, fire, and casualty insurance policy. The cost of this agreement is $39,990. Funds are budgeted. (L0867-25) (George/Hamilton)
Summary
Authorization to execute an agreement with Centurisk for property valuation services related to our on-site property appraisals. Physical evaluations of our insurable properties (buildings) are necessary every 5 years to accurately market the commercial insurance coverage for LFUCG’s property, fire, and casualty insurance policy. The cost of this agreement is $39,990. Funds are budgeted. (L0867-25) (George/Hamilton)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Gabriel Thatcher, September 5, 2025
Risk Management: Yes, Completed by Mike Skidmore, September 8, 2025
Fully Budgeted [select]: Yes
Account Number: 1101-160904-1901-71299
This Fiscal Year Impact: $39,990
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: $51,679.80
Body
{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}