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Village approves three-year insurance commitment with LARM via Resolution 25-1
Summary
The Beaver Crossing Village Board voted 5–0 on July 9 to approve Resolution 25-1, renewing coverage with LARM and committing to a notice-and-term schedule that extends no sooner than Sept. 30, 2028, reflecting a 180-day termination notice and an estimated 5% discount.
The Beaver Crossing Village Board unanimously approved Resolution 25-1 on July 9, 2025, committing the village to the terms of renewal with LARM, the village’s insurance carrier.
Trustee Kaely Eberspacher moved to approve the resolution, which she summarized as requiring the village to "provide written notice of termination at least 180 days prior to the desired termination dated, which shall be no sooner than Sept. 30, 2028," a commitment the board tied to an estimated 5% discount. Trustee Ray Foreman seconded the motion; the board approved it by roll call vote, 5–0.
The board discussed LARM renewal under unfinished business but took no separate amendments. No alternative carriers or cost figures beyond the referenced discount were presented at the meeting. The resolution was recorded in the meeting minutes and will govern the village’s insurance termination notice and timing going forward.
