Southtowns Record

7/14/26 Board Packet

Government
Village of Gowanda
Board
Village Board
Meeting
Jul 14, 2026
Kind
Agenda packet
Topics
Water, sewer and drainage, Public safety, Roads and traffic, Zoning and land use, Budget and taxes, Parks and recreation, Audits and oversight

Original document

Same meeting

Text · page 93 of 123

Read the whole document on one page (all 123 pages, each with its own heading)

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Village of Gowanda

Coverage Highlighis
Package — Renewal  i

 Property Premium  $63,239.00
 NY Fire Insurance Fee  $237.66
 Estimated Cost  $63,476.66
 Exposure / Total Insurable Value  $34,629,822 — Total insured Value
  Building: Replacement Cost*
 Valuation  *Unless Otherwise Specified For Building In Exceptions Table Below
  Personal Property - Replacement Cost
 Coinsurance (Agreed Amount)  Agreed Value - Building, Business Personal Property
 Perils Covered (Special  Special — Including Theft
  feu!
 Blanket Limit @ 90% - Building,
  $31,166,840
 Business Personal Property
 Flood/Earthquake (Real & Personal
 Property)*
 * Locations Listed On A Functional  nor et  ooo
 Replacement Cost endorsement are not  ggregate -  91,000,
 covered by this enhancement
 Equipment Breakdown:
 Equipment Breakdown  $31,166,840
 Loss Of income/Extra Expense  $5,000,000
 Service Interruption  $2,500,000
 Demolition  $10,000,000
 Ordinance Or Law  $10,000,000
 Hazardous Substance  $2,500,000
Data Restoration  $2,500,000
Expediting Expenses  Included
Spoilage  $2,500,000
Errors In Description  Included
Newly-Acquired “Real Property” And  $5,000,000
“Personal Property”
Public Relations  $5,000
“Personal Property” Off Your Premises

“Significant policy exclusions inc

Windstorm or Hail:  $5,000
Flood/Earthquake  See MPR 112
All Other Causes of Loss  $5,000
Spoilage Deductible  $5,000
Loss Of Income/Extra Expense  $5,000
Deductible
Property Damage Deductible  $5,000

 Equipment Breakdown Coverage Premium: $6,511.00