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Board discusses transfer of park property to Gilpin Township and who will insure it
Summary
Members discussed that park property will be transferred into Gilpin Township’s name, debated whether the township should assume insurance, and asked staff to produce quotes and budget numbers; commissioners reportedly approved the transfer 2–1 at the county level.
A committee member said the park property will be recorded in Gilpin Township's name and raised concerns about insurance coverage after transfer, recommending the township consider assuming coverage under its general property/liability policy. “The insurance for the parts have been purchased by the authority in the past. Now with that property, it's going to be put in the Gilpin Township's name,” the committee member said.
Board members discussed the likely cost impact of adding the park to the township policy (one estimate of current spending referenced about $3,578 a year) and suggested increasing limits to $200,000 to match improvements planned under the grant. The committee member said Sharon will gather policy copies and cost figures so the board can decide at the next meeting; the board also noted a $5,000 donation already promised toward insurance and that the county commissioners voted 2–1 to transfer the property. The board agreed to add the park‑insurance item to the next meeting’s agenda so numbers can be reviewed before formal coverage changes.
