Title
Special Event Insurance - Taste of Orland 2014
History
The Horton Group provides insurance brokerage services to the Village of Orland Park. As part of this service they offer coverage for the Taste of Orland. General Liability and Terrorism coverage will be provided by Scottsdale Insurance Company for the period August 1, 2014 - August 4, 2014 for a total cost of $5,265.00.
On July 7th, 2014, this item was reviewed by the Finance and Information Technology Committee, recommended for approval and referred to the Village Board of Trustees for consideration.
Financial Impact
Funds in the amount of $5,085 have been budgeted in the 2014 Taste of Orland Special Event Premium account 010-9400-452850. This amount covers the General Liability cost of $5,085. There are funds available in the overall Taste of Orland event budget to cover the $180 shortage.
Recommended Action/Motion
I move to approve the quote from The Horton Group for General Liability and Terrorism insurance coverage for the Taste of Orland 2014 in the amount of $5,265.00.