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Committee approves flood insurance renewal for River Market; staff previews multiple upcoming policy renewals and aviation timeline
Summary
The insurance and litigation committee approved a resolution to pay this year’s flood insurance premium covering the Corpus Christi River Market building and contents.
The insurance and litigation committee approved a resolution to pay this year’s flood insurance premium covering the Corpus Christi River Market building and contents.
Staff told the committee the National Flood Insurance Program quote rose to $11,423 from $9,653 last year — an increase of $1,770, roughly 15–16%. “This is our flood insurance renewal for both building and contents of Corpus Christi River Market. The premium in last year was, $9,653. The quote this year is $11,423,” the staff member said.
The committee’s decision carried after a motion and a second; the meeting record states the motion was carried but does not record a numerical roll‑call tally.
Why it matters: the River Market policy is part of limited flood coverage available at that location through the National Flood Insurance…
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