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Committee recommends canceling industrial appraisal contract as duplicative of insurer services

3331868 · May 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Members recommended the County Board terminate a longstanding contract with Industrial Appraisal, saying the same appraisal service is now provided through the county's insurance trust (ICRMT) and its vendor Kroll; the committee voted to forward the recommendation to the full board by roll call.

The LaSalle County Insurance and Trust Committee recommended that the full County Board terminate a rolling agreement with Industrial Appraisal, concluding the work is duplicative of appraisal services provided through the county's insurance program.

Committee members said industrial appraisal previously supplied two services: an insurance appraisal and a fixed-asset valuation. County staff and the county's insurer now obtain appraisal services through the Illinois…

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