HomeMy WebLinkAboutAGENDA REPORT 1986 0519 CC REG ITEM 11E MOORPARK ITEM
JAMES 0. WEAK STEVEN KUENY
Mayor �.' ` City Manager
- THOMAS C. FERGUSON /`.. • CHERYLJ. KANE
Mayor Pro TernCity Attorney
•
ALBERT PRIETOA
Councilmember RICHARD MORTON
�v'�DANNY A. WOOLARD � Director ofCommunit
Community
Councilmember Development
LETA YANCY-SUTTON R. DENNIS OELZEIT
Councilmember City Engineer
DORIS D. BANKUS JOHN V. GILLESPIE
City Clerk MEMORANDUM Chief of Police
THOMAS P. GENOVESE
City Treasurer
T O : The Honorable City Council
FROM : Steven Kueny, City Manager ) t_
DATE : May 16, 1986
SUBJECT : FIRE INSURANCE FOR COMMUNITY CENTER
The City at the request of the insurance company recently
had the Community Center building appraised. The replacement
cost and insurable replacement costs were determined to be
$710, 889 and $632 , 691 , respectively. The policy limits have
been changed to incorporate this figure. The fire insurance
policy had previously used a value of $954, 000 . This will
result in an annual policy savings of about $400 for this
coverage.
RECOMMENDATION
Receive and file.
SK: igb
cc: Parks & Recreation Commission
799 Moorpark Avenue Moorpark,California 93021 (805)529-6864