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Council reviews $3.4M–$3.9M rebuild estimates and limited insurance offer for fairgrounds barn

Ferron City Council · December 4, 2024
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Summary

Council members and staff reviewed Jones & Mill structural estimates of about $3.9 million and two contractor bids near $3.4M and $3.7M to replace a damaged fairgrounds barn; insurance (Travelers) returned a significantly lower payment that staff are contesting and have resubmitted contractor estimates for reconsideration.

Ferron City Council heard a detailed briefing about plans to replace a damaged fairgrounds barn and about negotiations with the property insurer. Consultants from Jones and Mill produced a structural engineer’s estimate of roughly $3,900,000 to bring a replacement facility to code. Two general-contractor bids were reported in the $3.4 million to $3.7 million range.

Staff said the insurer, Travelers, initially returned a substantially lower estimate and issued an offer that, after depreciation and adjustments, resulted in a payment staff described as about $1,014,000. Council members and staff said they have resubmitted the general-contractor estimates and the engineers’ calculations to the insurer for reconsideration.

Design plans discussed at the meeting are conceptual: a new indoor arena with an approximate seating target of 2,200, RV hookups to support event draw, and a 50-foot commemorative entrance featuring salvaged barn wood. The council intends to hold a public town-hall meeting in January to present conceptual designs and gather public feedback before firming plans.

Council also discussed short-term operational options, including salvaging material, temporary uses of Connex containers for storage, and possible county assistance with equipment in initial years. No final construction contract or funding appropriation was approved in the provided segments; staff said they will continue to negotiate with the insurer and pursue grant and funding options.