HomeMy WebLinkAboutResolution 2006-53 InsuranceRESOLUTION NUMBER 2006-53
A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, IN
COOPERATION WITH THE PRIVATE BUSINESS ASSOCIATION OF
SEMINOLE REQUESTING THE FLORIDA HOUSE AND STATE
SENATE TO ADDRESS THE EMERGING CRISIS OF THE HIGH COST
OF INSURANCE PREMIUMS FACING PROPERTY OWNERS OF
SEMINOLE COUNTY AND THE STATE OF FLORIDA AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Private Business Association of Seminole, Incorporated, is greatly alarmed
at the extraordinarily high property insurance premiums; and
WHEREAS, the current actions of insurance companies is at risk of forcing senior citizens,
low income and young families out of their homes; and inhibiting home ownership for others; and
WHEREAS, insurance companies are pulling out of Florida leaving property owners
unable to find coverage and taxpayers to bear the burden of those uninsured liabilities; and
WHEREAS, counties, cities, school districts, airports and other governmental agencies
will be at financial risk for the expense of repair or replacement of buildings and property
destroyed or damaged due to severe windstorm and associated climatic activity; and
WHEREAS, counties, cities, school districts, airports, and other governmental agencies
have been compelled to divert operating or capital revenue to fund the shortfall experienced by
Citizens Property Insurance Corporation that diverts tax dollars from the primary mission of the
agency without any corresponding benefit; and
WHEREAS, major employers could flee the state and new companies choose not to move into
Florida which will negatively affect our state's economy and lead to an economic slowdown or
recession; and
WHEREAS, the City of Winter Springs and the Private Business Association of Seminole,
Incorporated, implores our Florida State Legislators to take immediate actions to resolve this
immediate and devastating insurance crisis.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF WINTER SPRINGS, FLORIDA, that we the City of Winter Springs is in support of
the Private Business Association of Seminole, Incorporated requesting the Florida House and State
Senate to address the emerging crisis of the high cost of insurance premiums facing property owners
of Seminole County and the State of Florida.
PASSED AND ADOPTED THIS 9TH DAY OF
OCTOBER, 2006.
In witness whereof I have hereunto set my hand and
caused this seal to be affixed.
JOHN F. BUSH, MAYOR
ATTEST:
CITY CLERK
DATE: October 9, 2006
City of Winter Springs, Florida
Resolution Number 2006-53
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