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Home My Public Portal About2006-50 Supporting the Adoption of House Bills 4366 and 4836RESOLUTION NO. 2006-50 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, ADVISING THE UNITED STATES CONGRESS THAT THE VILLAGE COUNCIL SUPPORTS THE ADOPTION OF HOUSE BILLS 4366 AND 4836, AND TO THE EXTENT CONSISTENT THEREWITH, RELATED SENATE BILLS 3117 AND 3115 WHICH ESTABLISH A PROGRAM TO PROVIDE REINSURANCE FOR STATE NATURAL CATASTROPHE INSURANCE PROGRAMS AND AMEND THE INTERNAL REVENUE CODE TO CREATE CATASTROPHE SAVINGS ACCOUNTS; PROVIDING FOR DISTRIBUTION OF RESOLUTION; PROVIDING FOR EFFECTIVE DATE. WHEREAS, the Village Council of the Village of Key Biscayne (the "Village") has learned that a measure co -sponsored by Representative Ileana Ros-Lehtinen, House of Representatives Bill ("H.R.") 4366 and related Senate Bill ("S.") 3117, is currently pending before the United States Congress, which seeks to help the United States better prepare for and protect its citizens against the ravages of natural catastrophes, and encourage and promote mitigation and prevention for, and recovery and rebuilding from such catastrophes, and to better assist in the financial recovery from such catastrophes; and WHEREAS, H.R.4366 and S.3117 seek to establish a program to provide reinsurance for state natural catastrophe insurance programs to accomplish the aforementioned purposes; and WHEREAS, the Village has learned that a measure co -sponsored by Representative Ileana Ros-Lehtinen, H.R.4836 and related S.3115, is currently pending before the United States Congress, which seeks to amend the Internal Revenue Code to create tax-exempt catastrophe savings accounts (CSAs); and WHEREAS, H.R.4836 and S.3115, would allow tax-free distributions from CSAs to pay expenses resulting from a presidentially declared major disaster; and WHEREAS, the establishment of a federal reinsurance program for eligible State natural catastrophe insurance programs provides necessary steps to better prepare the United States, and its citizens, from insured losses caused by qualifying catastrophes; and WHEREAS, the creation of CSAs will provide a benefit to taxpayers by allowing, and encouraging, contribution of funds into a CSA account, which account allows for tax-free distributions to pay expenses resulting from certain major disasters. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, AS FOLLOWS: Section 1. That the above recitals are hereby incorporated by reference and confirmed. Section 2. That the Village Council hereby expresses its support for the proposed establishment of a federal reinsurance program and the creation of tax-free CSA accounts, as proposed by H.R.4366 and H.R.4836, respectively, and S.3117 and S.3115, to the extent they are not in conflict with their respective House Bills, and requests that the United States Congress take all necessary action to adopt said legislation. Section 3. That the Village Clerk shall cause a copy of this Resolution to be distributed to all relevant parties, as determined by the Village Manager. Section 4. That this Resolution shall be effective immediately upon adoption hereof. PASSED AND ADOPTED on this 14th day of November , 2006. 2 MAYOR ROBERT L. VERNON CONCHITA H. ALVAREZ, CMC, VILLAGE CLERK APPROVED AS TO F O RM AND LEGAL SUFFICIENCY VILLAGE ATTORNEY F:\100\103001\Resolutions\Supporitng the Adoption of House Bills 4366 and 4836.doc 3 OF KF1,8 f4,C, VILLAGE OF KEY BISCAYNE Office of the Village Clerk Village Council Robert Oldakowski, Mayor Robert L. Vernon, Vice Mayor Enrique Garcia Steve Liedman Jorge E. Mendia Thomas Thornton Patricia Weinman Village Clerk Conchita H. Alvarez, CMC November 16, 2006 The Honorable Lincoln Diaz-Balart 8525 Northwest 53rd Terrace, Suite 102 Miami, Florida 33166 Dear Congressman Diaz-Balart: Attached please find a copy of Resolution No. 2006-50 from the Village of Key Biscayne, Florida expressing its support for the proposed establishment of a federal reinsurance program and the creation of tax-free CSA accounts, as proposed by H.R. 4366 and H.R. 4368, respectively, and S. 3117 and S. 3115, to the extent they are not in conflict with their respective House Bills, and requests that the United States Congress take all necessary action to adopt said legislation. The Village of Key Biscayne would appreciate any assistance you can provide with respect to this matter. Y, hita H. Alvarez, CMC Village Clerk \cha 1431 c.let 88 West McIntyre Street • Suite 220 • Key Biscayne, Florida 33149 • (305) 365-5506 • Fax (305) 365-8914 MISSION STATEMENT "TO PROVIDE. A SAFE, QUALITY COMMUNITY ENVIRONMENT FOR ALL ISLANDERS THROUGH RESPONSIBLE GOVERNMENT " www.keybiscaynell.gov VILLAGE OF KEY BISCAYNE Office of the Village Clerk Village Council Robert Oldakowski, Mayor Robert L. Vernon, Vice Mayor Enrique Garcia Steve Liedman Jorge E. Mendia Thomas Thornton Patricia Weinman Village Clerk Conchita H. Alvarez, CMC November 16, 2006 The Honorable Mario Diaz-Balart 12851 SW 42nd Street, Suite 131 Miami, FL 33175 Dear Congressman Diaz-Balart: Attached please find a copy of Resolution No. 2006-50 from the Village of Key Biscayne, Florida expressing its support for the proposed establishment of a federal reinsurance program and the creation of tax-free CSA accounts, as proposed by H.R. 4366 and H.R. 4368, respectively, and S. 3117 and S. 3115, to the extent they are not in conflict with their respective House Bills, and requests that the United States Congress take all necessary action to adopt said legislation. The Village of Key Biscayne would appreciate any assistance you can provide with respect to this matter. Siry ely, aw,e, chita H. Alvarez, CMC Village Clerk \cha1431 c.let 88 West McIntyre Street • Suite 220 • Key Biscayne, Florida 33149 • (305) 365-5506 • Fax (305) 365-8914 MISSION STATEMENT: "TO PROVIDE A SAFE, QUALITY COMMUNITY ENVIRONMENT FOR ALL ISLANDERS THROUGH RESPONSIBLE GOVERNMENT " www.keybiscayne fl.gov VILLAGE OF KEY BISCAYNE Office of the Village Clerk Village Council Robert Oldakowski, Mayor Robert L. Vernon, Vice Mayor Enrique Garcia Steve Liedman Jorge E. Mendia Thomas Thornton Patricia Weinman Village Clerk Conchita H. Alvarez, CMC November 16, 2006 The Honorable Ileana Ros-Lehtinen 9210 Sunset Drive, Suite 100 Miami, Florida 33173 Dear Representative Ros-Lehtinen: Attached please find a copy of Resolution No. 2006-50 from the Village of Key Biscayne, Florida expressing its support for the proposed establishment of a federal reinsurance program and the creation of tax-free CSA accounts, as proposed by H.R. 4366 and H.R. 4368, respectively, and S. 3117 and S. 3115, to the extent they are not in conflict with their respective House Bills, and requests that the United States Congress take all necessary action to adopt said legislation. The Village of Key Biscayne would appreciate any assistance you can provide with respect to this matter. Conchita H. Alvarez, CMC Village Clerk \cha 1431 c.let 88 West McIntyre Street • Suite 220 • Key Biscayne, Florida 33149 • (305) 365-5506 • Fax (305) 365-8914 MISSION STATEMENT "TO PROVIDE A SAFE, QUALITY COMMUNITY ENVIRONMENT FOR ALL ISLANDERS THROUGH RESPONSIBLE GOVERNMENT ' www. keybiscaynefl.gov hEl'Br�C' VILLAGE OF KEY BISCAYNE Office of the Village Clerk Village Council Robert Oldakowski, Mayor Robert L. Vernon, Vice Mayor Enrique Garcia Steve Liedman Jorge E. Mendia Thomas Thornton Patricia Weinman Village Clerk Conchita H. Alvarez, CMC November 16, 2006 The Honorable Bill Nelson 517 Hart Senate Office Building Washington D.C. 20510 Dear Senator Nelson: Attached please find a copy of Resolution No. 2006-50 from the Village of Key Biscayne, Florida expressing its support for the proposed establishment of a federal reinsurance program and the creation of tax-free CSA accounts, as proposed by H.R. 4366 and H.R. 4368, respectively, and S. 3117 and S. 3115, to the extent they are not in conflict with their respective House Bills, and requests that the United States Congress take all necessary action to adopt said legislation. The Village of Key Biscayne would appreciate any assistance you can provide with respect to this matter. Sinc onchita H. Alvarez, CMC Village Clerk \cha1431 c.let 88 West McIntyre Street • Suite 220 • Key Biscayne, Florida 33149 • (305) 365-5506 • Fax (305) 365-8914 MISSION STATEMENT. "TO PROVIDE A SAFE, QUALITY COMMUNITY ENVIRONMENT FOR ALL ISLANDERS THROUGH RESPONSIBLE GOVERNMENT." www.keybiscayne.fl.gov `ii,' KEI J1 rti VILLAGE OF KEY BISCAYNE Office of the Village Clerk Village Council Robert Oldakowski, Mayor Robert L. Vernon, Vice Mayor Enrique Garcia Steve Liedman Jorge E. Mendia Thomas Thornton Patricia Weinman Village Clerk Conchita H. Alvarez, CMC November 16, 2006 The Honorable Mel Martinez 524 Hart Senate Office Building Washington D.C. 20510 Dear Senator Martinez: Attached please find a copy of Resolution No. 2006-50 from the Village of Key Biscayne, Florida expressing its support for the proposed establishment of a federal reinsurance program and the creation of tax-free CSA accounts, as proposed by H.R. 4366 and H.R. 4368, respectively, and S. 3117 and S. 3115, to the extent they are not in conflict with their respective House Bills, and requests that the United States Congress take all necessary action to adopt said legislation. The Village of Key Biscayne would appreciate any assistance you can provide with respect to this matter. Since onchita H. Alvarez, CMC Village Clerk \cha 1431 c.let 88 West McIntyre Street • Suite 220 • Key Biscayne, Florida 33149 • (305) 365-5506 • Fax (305) 365-8914 MISSION STATEMENT "TO PROVIDE A SAFE, QUALITY COMMUNITY ENVIRONMENT FOR ALL ISLANDERS THROUGH RESPONSIBLE GOVERNMENT" www. keyb iscayn e. fl.gov