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PNGISD approves one-year property insurance proposal beginning April 1, 2025
Summary
Trustees voted 5-0 to approve a one-year property insurance proposal covering April 1, 2025–April 1, 2026. Trustee Scott Bartlett moved for approval and Jake Lefort seconded; the minutes do not record premium or carrier details beyond the proposal approval.
The board approved a property coverage insurance proposal for a one-year period beginning April 1, 2025, through April 1, 2026, after a motion by Trustee Scott Bartlett and a second from Trustee Jake Lefort. The motion passed 5-0.
The minutes do not list premium amounts, the insurance carrier name beyond the description 'property insurance proposal,' or policy limits. Administration is expected to finalize the contract consistent with the board's authorization and report any significant fiscal details in financial statements or subsequent board materials.
