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2021 21 RESOLUTION
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2021 21 RESOLUTION
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Last modified
3/3/2023 1:26:51 PM
Creation date
3/3/2023 11:16:03 AM
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Legislation-Meeting Minutes
Document Type
Resolution
Number
2021 21
Date
6/21/2021
Year
2021
Title
WICHERT
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Village of Mayfield <br />A. <br />Blanket Buildings, PIO, and Business Personal Property ................$29,352,346 <br />B. <br />Coverage for Underground Fiber Optic Cables -all locations ...........Included <br />C. <br />Historical House — Building/Contents (not incl. in blanket) ..............$1,255,650 <br />D. <br />Special <br />Form Perils Including <br />Theft and Earthquake (10%/15% Deductible).................................Included <br />E. <br />Replacement <br />Cost Coverage..........................................................Included <br />F. <br />Coinsurance...................................................................................Agreed <br />Amount <br />G. <br />Deductible <br />(disappearing)...............................................................$1,000 <br />H. <br />Extensions: <br />1. <br />Accounts Receivable........................................................... <br />$250,000 <br />Fire DepartmentActual Loss Sustained <br />2. <br />Arson, Theft and Vandalism Rewards ..................................$25,000 <br />3. <br />Automated External Defibrillators ..........................................$10,000 <br />4. <br />Back Up of Sewer, Drain or Sump Direct Damage ................$100,000 <br />5. <br />Building Owner —Tenant Move Back Expenses .....................$25,000 <br />6. <br />Business Income/Extra Expense.....................................Actual <br />Loss Sustained <br />7. <br />Business Income at Newly Acquired Location .......................$250,000 <br />8. <br />Canine Coverage...................................................................$10,000/$25,000 <br />9. <br />Claim Expenses.....................................................................$50,000 <br />10. <br />Commandeered Property..............................................Actual <br />Loss Sustained <br />11. <br />Communication Equipment ....................................................$100,000 <br />Fire Department..........................................................Actual <br />Loss Sustained <br />12. <br />Computer Equipment and Electronic Data........................$100,000 <br />Fire Department..........................................................Actual <br />Loss Sustained <br />12. <br />Computer — Virus or Harmful Code .......................................$25,000/$75,000 <br />13. <br />Confiscated Property — Any One Year...................................$100,000 <br />14. <br />Debris Removal.....................................................................$50,000 <br />Fire Department..........................................................Actual <br />Loss Sustained <br />15. <br />Fine Arts..................................................................$25,000 <br />Fire Department..........................................................Actual <br />Loss Sustained <br />16. <br />Fire Extinguisher Equipment .........................................Actual <br />Loss Sustained <br />17. <br />Grave Markers & Headstones ..............................................$25,000/$50,000 <br />18. <br />Installation Property...............................................................$25,000 <br />19. <br />Lock Replacement if keys are stolen ....................................$10,000 <br />20. <br />Loss Reduction Rewards <br />10% of loss or maximum .......................................................$25,000 <br />21. <br />Mobile Equipment..................................................................$25,000 <br />22. <br />Money and Securities Off Premises/On Premises .................$25,000 <br />23. <br />Newly Acquired or Constructed Buildings..............................$2,000,000 <br />(if reported within 180 days) <br />24. <br />Ordinance or Law (A) —Undamaged Parts of Building ..........Included <br />in Bldg Limit <br />(B) — Demolition Costs..............................$500,000 <br />(C) — Increased Cost of Construction <br />.......$500,000 <br />Ordinance or Law for Fire Dept ( B & C)........................Actual <br />Loss Sustained <br />
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