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Orrville council approves returning fire-insurance escrow after repair at 427 W Oak
Summary
Council adopted Resolution 21-24 to return an insurer escrow deposit made after a house fire at 427 W Oak; the property has been repaired and inspected, and appropriations were adjusted for the escrow fund.
The Orrville City Council on Aug. 19 adopted Resolution 21-24 to return an insurance escrow deposit connected to a house fire at 427 W Oak after repairs and inspection.
Council discussion explained that under the Ohio Revised Code insurers may deposit funds with a municipality when a damaged property may be demolished; in this case the insurer deposited an escrow while the house was restored. Officials said repairs were completed and the property inspected, and the council moved to return the deposit and adjust appropriations in the deposit escrow fund accordingly. The measure was advanced on first reading, the council suspended the three-reading rule and adopted the resolution unanimously.
Why it matters: the action restores funds to an insurer or property owner once repairs are confirmed and adjusts municipal appropriations to reflect the return. The minutes identify the address and the procedural steps but do not list the depositor by name or the exact dollar amount returned.
