Council to authorize $50M school building bond
If approved, would authorize $50 million in general obligation bonds to fund public school building projects. Bonds must be repaid by taxpayers over time.
Item #37
Regular City Council Meeting
Workers' comp insurance renewed with Midwest Employers for $427,737
Legal & Settlements
$427,737
, Orange tier ($250,000 to $1 million)
City commits $427,737 for one year of excess workers' compensation coverage starting July 1, 2025. This protects municipal operations and ensures employee injury claims are covered beyond standard limits.
Counterparty:
Midwest Employers Casualty Company
Funding source:
General Fund
Action type:
Contract amendment
passed
7–0