Obion reduces insurance premium about $7,000 for upcoming year

Obion reduces insurance premium about $7,000 for upcoming year
Staff Reporter
Negotiations between Obion city officials and insurance agent Peggy Terry have saved the city about $7,000 on its 2012 insurance premiums.
An ad hoc insurance committee has been working with Ms. Terry for the past few days and was able to reduce the city’s annual premium by making adjustments to its policy. On Monday night, the Obion city council approved a $64,494 insurance premium that will cover general liability, building and personal property and workman’s compensation.
The ad hoc committee consisted of Mayor Glen Parnell, councilman Mike Miller and public works director Randy Evans.
“I think we’ve got it where it needs to be,” Miller said at Monday night’s meeting.
Also during the 50-minute meeting, the council approved a recommendation from Evans to spend $20,400 to repair one of the city’s water wells.
He informed the council he has already spent $11,000 with Campbell Well Drilling Co. and he recommended spending an additional $9,400 to install a stainless steel submersible pump in the well.
Evans’ recommendation follows recent reports from the public works director on the deteriorating condition of the city’s water system.
The council also ap-proved another recommendation from Evans to enter into a maintenance contract with Greg Roberts Fire Hydrant Repair which will cover maintenance and repair of the city’s 81 fire plugs.
The fire hydrant repair company will repair three inoperable fire plugs in the next few weeks. The city will pay $40 per fire plug for maintenance and $600 per fire plug for repair work.
In other action, the council:
• Approved spending $500 to cover the remaining cost of a new ice machine at the Obion Community Center and agreed to spend $2,410 for a 200-pound ice machine for the public works department. The council will buy the new ice machine from Jackson Restaurant Supply, with a $100 discount.
• Approved the second and final reading of a new utility policy ordinance and approved a debt management resolution. Approval was also granted to a request from the U.S. Department of Agriculture to use electronic payments.
• Agreed to close City Hall on Jan. 2 and rescheduled its two January meetings to Jan. 3 and 17.
Monday night’s meeting was opened in prayer by councilman James Depriest and the Pledge of Allegiance was led by Parnell.
Prior to Monday’s council meeting, a 15-minute public hearing was held on a proposed new hazard mitigation plan.
Published in The Messenger 12.20.11

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