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Committee approves boiler/machinery coverage; optional terrorism coverage tabled for further review
Summary
The committee approved boiler and machinery coverage and voted to table a separate terrorism‑coverage quote of about $24,116 so members could review the option further; staff noted terrorism coverage can be purchased anytime but quoted premiums were time‑sensitive.
The committee approved staff’s recommendation to renew boiler and machinery coverage and tabled a separate optional terrorism coverage quote for further review.
Staff presented the boiler policy (covering boilers, piping and related equipment) and said a past small claim demonstrated the value of maintaining that line. A committee member noted replacement of a large high‑school boiler could cost several hundred thousand dollars. The boiler premium…
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