Unidentified speaker introduces Resolution 58 to join Mid Jersey Municipal Joint Insurance Fund
An unidentified staff member presented Resolution 58 to move the borough into the Mid Jersey Municipal Joint Insurance Fund, citing an expected 20% premium increase with the Middlesex County fund and estimated annual costs of about $200,000; the transcript does not record a vote.
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Unidentified speaker, a staff member, introduced Resolution 58 to join the Mid Jersey Municipal Joint Insurance Fund, saying the move would avoid an expected 20% increase in insurance premiums that had been projected to add roughly $200,000 to annual costs.
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