Resolution 06-1156RESOLUTION NO.06-1156
A RESOLUTION OF THE CITY OF LONGWOOD,
FLORIDA REQUESTING THE FLORIDA HOUSE
AND STATE SENATE TO ADDRESS THE
EMERGING CRISIS OF THE HIGH COST OF
INSURANCE PREMIUMS FACING PROPERTY
OWNERS OF LONGWOOD, SEMINOLE COUNTY
AND THE STATE OF FLORIDA.
WHEREAS, the City of Longwood 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;
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 employees 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.
NOW, THEREFORE, BE IT RESOLVED that the City Commission of the
City of Longwood implores our Florida State Legislators to take immediate actions to
resolve this urgent and devastating insurance crisis.
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PASSED AND ADOPTED by the City of Longwood, this 2 day of
natobe-i-- , 2006.
ATTEST:
Sarah M. N rus, City Clerk
Approved as to form and legality for the use and reliance of the City of Longwood,
Florida only.