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Village staff seek builder's-risk insurance for new Public Safety facility; quote about $12,000 reported
Summary
Administrator Charity Mitchell reported a builder's risk insurance quote of approximately $12,000 with a $25,000 deductible for the new Public Safety facility and said a construction schedule from JMA is required to bind the policy.
Administrator Charity Mitchell told the board she had received a builder's risk insurance quote for the new Public Safety facility of approximately $12,000 with a $25,000 deductible. Mitchell said a construction schedule from JMA is required to bind the policy and that she is obtaining more information on coverages and deductibles to present to the board at a later meeting.
No decision was made at the Dec. 9 meeting; Mitchell characterized the information as preliminary and described next steps as assembling the construction schedule and additional policy details for future board consideration.
