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Finance Committee Meeting

Regular Meeting

Augusta, GA · March 11, 2025

AgendaPacket

Agenda

FINANCE COMMITTEE MEETING AGENDA Commission Chamber Tuesday, March 11, 2025 1:20 PM FINANCE 1. Motion to approve renewal of Augusta POL/EPL Insurance with Premium Quote for 2025 – 2026 POL/EPL coverage with MarshMcLennan Agency, current broker, through insurance carrier RSUI for a premium of $70,760 (premium remained flat). 2. Request to approve Augusta Commercial Property Insurance coverage for 2025 offered through Affiliated FM, current carrier, for a premium of $1,054,424 for full blanket coverage and limited flood coverage in flood prone areas. 3. Adopt updated funding timeline for Coliseum Authority Debt Service. 4. Motion to approve the minutes of the February 25, 2025 Finance Committee Meeting.

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