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HomeMy WebLinkAboutEx 13_Building Valuations.pdfMEMO 800 Fifth Ave Suite 2400 ~ Seattle, WA 98104 www.bbseattle.com January 13, 2022 MEMO TO: Stewart L. Shusterman, Renton School District FROM: Phil Crocker RE: Lindbergh High School Building Valuations Stewart, Each year our risk management and insurance team, in partnership with district employees, reviews the valuations for all buildings in the district to ensure appropriate insurance coverage levels. We take into consideration anticipated rebuild and replacements costs (building and contents only, not land). In addition, the insurance carrier recently hired CBIZ consultants to do a third-party review of the valuations which we incorporated into our most recent review. The most recent valuations for Lindbergh High School from summer 2021, including building and contents, are included below. Please feel free to reach out if you have additional questions about these valuations or if we can assist further. Regards, Phil Crocker Education Risk Manager & Account Executive