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Tipton County officials report insurance negotiation progress and continued construction at damaged school site
Summary
District staff told the board that insurance discussions yielded a short-term extension and potential additional payments for contents and actual cash value (ACV), while construction contractors continue to advance the new school build.
Tipton County Schools staff and the district's construction manager updated the board on insurance negotiations and on-site construction progress related to the school damaged by the recent tornado.
Superintendent and the district's project team reported a six-month extension was granted by the insurer (through September) but that no further extensions will be granted, and that additional ACV and contents payments are expected within roughly 30 days. The district's construction…
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