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Board approves $101,421 operations manifest including $66,650 insurance payment
Summary
The board approved an operations manifest totaling $101,421.35 that includes a $66,650 insurance payment covering liability for district and water system property; Black Dog Hardscapes FEMA work also accounted for a large portion of expenses.
At the Aug. 5 meeting the Village District approved the operations manifest totaling $101,421.35. Chair Greg explained that roughly $66,650 of the total is a one-time or annual liability insurance payment that covers both property and the water system; he also noted that Black Dog Hardscapes' work on roads accounted for another major portion of the charges.
The board discussed line-item presentation on the manifest (including dollar-sign formatting corrections requested earlier) and then approved the manifest on a voice vote. Greg emphasized the two large items, listing the insurance payment and contractor work as drivers of the total. "However, well over 0.5 that or $66,650 is our 1 time payment or annual payment to our insurance company, liability insurance," he said during the discussion.
