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Risk manager to provide city property inventory after council asks about insurance coverage
Summary
Council members asked whether city-held and foreclosed properties are included on the city's insurance schedule. Risk manager Cap Preston Holden said the schedule was reviewed at renewal, some properties were removed as no longer owned, and she will email the council a complete inventory the next day.
Council members pressed the city’s risk manager on Aug. 4 about whether all city‑owned properties — including foreclosed properties — are accounted for on the city’s liability insurance schedule. Cap Preston Holden, risk manager, said property and vehicle schedules were reviewed during the insurer renewal and that the office works closely with the city attorney on property matters.
"I can send you an email tomorrow and let you know the properties," Holden said when asked for a full inventory. She confirmed the forthcoming list will include properties the city currently owns and that it will also note Board of Education properties that the city is responsible for.
Holden said that during the recent renewal with the insurer (identified in the discussion as Kerma) the risk office removed a few properties the city no longer owned and reviewed vehicle and small-property schedules. She described routine coordination with the attorney handling foreclosed properties and said the office becomes involved as soon as issues arise.
Council members pressed whether the risk manager works with the tax assessor; Holden said she typically coordinates with the city attorney, who handles property matters, rather than directly with the assessor.
Holden’s commitment to email the inventory the next day provides a clear follow-up action for council oversight; no formal policy or vote was recorded during the workshop segment.
