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Laredo downtown BID approves liability insurance, $5,000 legal retainer and $3,000 website contract
Summary
The Downtown Business Improvement District board on Jan. 14 voted unanimously to buy board liability insurance, authorize a legal retainer and contract for a website as leaders move to address lighting, safety and outreach in downtown Laredo.
The Downtown Business Improvement District board in Laredo approved three contracts on Jan. 14: board liability insurance not to exceed $3,000 annually, a legal-services retainer not to exceed $5,000, and a website design-and-maintenance contract not to exceed $3,000 annually. The votes passed with four members voting in favor and three members absent.
The decisions come amid ongoing conversations about downtown safety, lighting and public outreach that board members said surfaced during a Dec. 19 public meeting. Board Chair (name not specified) and board members Lawrence Friedman, Julian Ratnovsky, Yvette Torres and Justin Heather discussed next steps for clarifying responsibilities for lighting, increasing outreach and ensuring the BID has basic liability and legal protections before it begins delivering services.
Board Chair (name not specified) said the insurance would cover general liability and errors-and-omissions exposures and that the policy later would be expanded to require contractors or anyone the BID hires to carry…
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