Finance Committee OKs land sale

By Bob Peryea

Correspondent

The Finance and Judicial Committee voted last week to recommend that the City sell .4 of an acre to Holton Manor in order to accommodate an expansion of the facility.

The selling price will be approximately $15,000 per acre, which will make the entire transaction approximately $6,000.

“This will go be for the Planning Commission at their next meeting,” City Manager Sam Tapson said. That is another necessary step to the approval of the Holton Manor expansion.

In other business, the committee voted to recommend that the City Water Department purchase a 2013 Ford F-150 from Kunes Country Auto Group. The purchase price will be $21,763.

The new truck will replace a vehicle that was manufactured in 1975.

Other matters

Liability insurance. The committee voted to recommend action on the City’s liability insurance. The committee recommended that the city continue to use Cities and Villages Mutual Insurance Company (CVMIC) for the City’s liability insurance for two more years.

Tapson had recommended that the city stay with CVMIC, the company that the city has used for 10 years.

Alderman Jim D’Alessandro asked Tapson for some justifications for remaining with the company.

Tapson explained that, because Elkhorn is considered a part owner of the organization, is has received a dividend that is equal to $15,560. The committee voted to keep those funds invested with CVMIC.

Tapson also explained not only did he expect that the company could offer the best rates, but that the city has received over $100,000 in trainings from the company. The trainings are designed to teach city staff and management how to reduce risk.

The committee decided to continue the contract for an additional two years, 2015 and 2016.

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