HomeMy WebLinkAboutFollowUpFrom:Kari Roller
To:ORG_CITY_COUNCIL
Cc:Jan Hawn; Robert Harrison; Denis Law
Subject:Finance Committee Follow Up 8/5/2019
Date:Monday, August 19, 2019 1:05:13 PM
Good Afternoon,
The following costs were questioned at the Finance Committee dated 8/5/2019. Additional
information was obtained to further explain the purpose behind the expenditures.
Alliant Insurance Services - $427,319.95
This invoice is for insurance coverages for property, crime and a newly added insurance
coverage called “ADWRP” for $5,516.46. This stands for Alliant Deadly Weapon Response
Program and is active shooter insurance. This coverage is new to the market. Risk
Management does have available a presentation on the added insurance coverages if you
would like to hear more about the program.
Sound Food - $199,841.26
This was for a refund of transportation impact fees on a permit pulled for tenant
improvements and to change the existing use of the building on the new Sound Ford
property. Our code allows permit applicants to opt not to have the impact fees determined
according to the City’s fee schedule and instead submit an independent fee calculation for
consideration. The amount returned was the difference between the impact fees paid and
the adjusted impact fees per the independent fee calculation.
WA Cities Insurance Authority - $11,886.70
This is the City’s final settlement payment on a case which relates to an accident that
occurred due an alleged malfunction in a traffic signal. Per Risk Management, an emergency
vehicle had gone through a light and triggered the change light, which then caused 2 cars to
collide. A lawsuit was brought forward against the City. This should be the City’s final
payment on this lawsuit; however, there could potentially be one more payment to cover
legal costs.
Western Display – $6,250.00
Current cost relates to the deposit for the fireworks display for the 4th of July. At this time,
there has been no formal request to Western Display for a discount as staff feels this was an
unforeseen incident that could not have been prevented.
Thank you,
Kari
Kari Roller
Financial Services Manager
City of Renton
(425) 430 6931
kroller@rentonwa.gov