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RDC approves $66,603 insurance payment; staff to append covered-parcel list

Bloomington Regional Development Commission · February 3, 2026
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

The commission approved payment of $66,603 for the RDC’s portion of property insurance premiums paid to Highland, and directed staff to append a parcel list identifying which RDC properties are covered by the policy at the next meeting; commissioners noted one demolished address would be credited.

The RDC voted unanimously on Feb. 2 to approve a $66,603 payment to Highland for the RDC’s share of property insurance premiums, to be paid from the 2519 operating fund.

Legal/risk staff said the RDC portion ($66,603) is shown on the invoice and explained the…

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