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Committee forwards $100,000 appropriation to reimburse property owners for fire-claim repairs; funds from insurance escrows

September 15, 2025 | Newark City Council, Newark, Licking County, Ohio


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Committee forwards $100,000 appropriation to reimburse property owners for fire-claim repairs; funds from insurance escrows
The finance committee voted 5-0 to forward to the full council a $100,000 appropriation tied to property-management fire claims. City staff said the funds are held from insurance companies, not from the general fund, and are released to property owners once properties are brought back up to code.

A staff presenter explained the process: insurance funds are collected and held by the city; when required repairs are completed and the property meets code, the city releases those funds back to property owners to pay for repairs or claims.

The committee did not change the city’s general-fund budget; the appropriation reflects insurance-held money that the city manages as part of property-claim settlements.

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