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Board approves LARM renewal with multi-year commitment and discount
Summary
Trustees adopted Resolution 24-2 renewing LARM insurance with a three-year commitment, a 180-day termination notice and a 5% discount; the motion passed unanimously July 10.
The board adopted Resolution 24-2 to renew coverage through LARM for 2024–2027 on a motion by Trustee Lance Breitkreutz, seconded by Trustee Jere Leif. The motion included selecting the 180-day termination notice option, a three-year commitment and applying a 5% discount; the roll call vote was all aye, 4-0, and the motion carried.
The resolution was described as the LARM renewal for 2024/2024 (transcript language). Trustees did not list alternate insurers on the record during the meeting; Clerk Pankoke will complete the paperwork associated with the renewal.
