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Homestead council approves ordinances, contracts and insurance renewals; staff reports multi‑item premium reductions
Summary
Council voted unanimously on a series of second readings, contract awards and budget items on March 18, including property, City Hall and power plant insurance renewals (staff reported a 25.7% reduction from 2025 on one premium), stormwater budget increases, procurement approvals and other routine items.
At its March 18 meeting, the Homestead City Council approved a series of ordinances, contracts and budget measures during the formal business session, recording roll call votes on multiple items and noting insurance premium reductions obtained by broker Brown & Brown.
Insurance renewals and premium reductions: The council considered three insurance resolutions (tabs 12–15) authorizing purchases for city property (excluding some facilities), City Hall/police station/Cybrarium coverage, power plant/substation insurance and terrorism insurance. Michelle Wilson of Brown & Brown told the council that, after additional negotiation, the city saw a reduction from the 2025 premium of 25.7% on the City Hall/police/Cybrarium coverage (the broker explained the initial quote was reduced further from an earlier 10%…
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