The cost of liability insurance premiums almost brought the parade of floats and bands to a standstill. WCTV was told by the president of Springtime Tallahassee that the insurance costs have gone from around three grand to as high as $50,000.
Board members for the big event had a busy day. It was a close call, but the 36th Annual Springtime Tallahassee is officially on.
For the last nine months, the Springtime Tallahassee board was trying to secure liability insurance at the very last minute. They got it.
"We're going to have a wonderful parade. We have so much planned for Tallahassee," says Joe Parramore, president of Springtime Tallahassee, Inc.
"Springtime Tallahassee is a great amenity to the community economically, culturally and otherwise. I'm sure the whole community will want it to remain," Mayor John Marks says.
Parramore says over the last year, liability insurance for parades and outdoor events have skyrocketed.
"The quotes we've received are about $26,000 to $50,000 and that's just for the weekend festivities. In the past it's been about $3,000," he says.
People around town say they don't want to see the more than 30-year tradition go away.
“We're ecstatic! I've said I don't want to be the last president of Springtime Tallahassee," Parramore says.
President Parramore says they had a meeting with the board and the mayor Friday morning. After that they hit the pavement to find donors to make the 36th Springtime Tallahassee happen.
In the final hours, the board along with city staffers was able to get $13,000 in donations needed for the coverage. That insurance is just in case someone is hurt or an accident occurs.
Some of the donors included public accounting firms and consulting groups, along with Tallahassee Community College and the final donor to guarantee the coverage was WCTV.