Discussion and possible action to approve payment of Annual Flood insurance for the Head Start Annex building located on 2802 McDonell Ave, Laredo, Texas in the amount of One Thousand Two Hundred Sixty-Eight Dollars $1,268.00. [Account #903-4208-6032 (Property Casualty Premium)]
Issue: Property located in a flood zone area requires the purchase of flood insurance.
Solution: Processing payment of invoice will avoid any lapse in coverage.
Result: Once approved the invoice will be paid.
Background:
Flood Insurance has always been purchased for the Head Start Annex building, this is an annual fee for insurance coverage.