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Port Authority authorizes payment of two bill runs totaling roughly $72,000; insurance decision deferred
Summary
The board approved two sets of bills — about $37,007 and $35,005 — and deferred a decision about additional insurance coverage until the next meeting, asking staff to gather more information.
Mr. Cypress, who oversees budget and financial matters, presented two sets of bills the board needed to approve after a missed meeting due to weather: $37,007.29 (carryover) and $35,004.97 (current meeting). The board moved and seconded to pay both sets of bills and voted to approve payment.
Board members discussed an outstanding partial insurance payment and noted there remains another portion of the policy to address. Separately, Mr. Haines asked whether the board had decided to purchase additional 'terrorism' coverage; the board agreed to gather more information and defer a final decision to the next meeting so that members could make a fully informed choice.
The board recorded votes by voice and did not take a roll-call vote naming individual yea or nay votes in the transcript.
