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HomeMy WebLinkAboutC.054.93009_0431 (2)FEB 151994 414 a five-year period the County would save money, but he could not guarantee that money would be saved every year. All self -funding programs he has helped establish have been successful, he said. Commissioner Boone inquired which counties are self-insured this year and which are just studying the program. Mr. Arnold said most all of the large counties are self-insured. Chairman Haire inquired what happens if a county has quite a few large claims the first year. Mr. Arnold said unless they are medical, they won't be paid. He said in the reinsurance they had put a $90,000 cap that could be paid on any one accident in the first year. The reinsurance is designed so that shouldn't happen, Arnold said. Mr. Pope asked questions of Mr. Arnold regarding the excess funds and the maximum amounts that can be paid out in one year. Mr. Arnold responded to the questions. Mr. Arnold said he could guarantee the County could save money over a five-year period, but not over a one-year period. Commissioner Stewart asked Mr. Arnold to give the negative side of the picture of what could happen. Mr. Arnold said the other side is the County could have a lot of claims, a lot of big medical expenses the first year. Mr. Pope inquired if Mr. Arnold could give data that would quantify the maximum exposure the County would have under the self- insurance plan. Mr. Arnold said he could tell within 95 to 98 percent that it won't happen. Mr. Pope asked if he was saying he had a 95 per cent confidence factor that the worse case scenario is less than the $250,000 premium. After further discussion Mr. Mashburn recommended since the board had other options to explore that the board delay making a decision at least until March. The County needs to give a 90 -day advance notice if they wish to withdraw from the current insurance pool. Mr. Pope inquired about a contract with the administration, if it is a basic cost or a percentage. Mr. Arnold said it could be done either way, that there is a contract. Chairman Haire said with the board's consent, this would be received as information and look into other options that might be available. REQUEST FOR A SEWER LINE EXTENSION TO PLETCHER INDUSTRIES, SALISBURY ROAD, MR. EDWARD TAWS, JR.: Chairman Haire recognized Mr. Edward Taws, Jr., president of Fletcher Industries. Their request is for a sewer line to be run to their property because their nitrification system was no longer functional. He has three other companies located on their property who also have employees. The estimated cost of the sewer line is $180,000 for a 3,665 l.f. vc pipe with 15 manholes and other items as required. Fletcher says if they can have this sewer line extension, they could double the present $1.6 million value of the property. However, they cannot do any of this unless they get onto the sewer system. Fletcher proposes to pay a $60,000 of the $180,000 cost, and ask the City of Statesville for $30,000 and Iredell County for $90,000. Mr. Mashburn stressed that the present system will not support the current industry. He inquired what their options are. Mr. Taw said they cannot do anything on their property. They do not have the land to put in a nitrification system. The only choice they have is to get into a sewer system, Taw said. Gerald Grant was present to discuss the proposed sewer line. He said the proposed line would open up 150 to 200 acres on the north side of U.S. 70, currently owned by J. C. Steele & Sons, Joy Acres Farms, Merchant Metals, Accuma Corporation, Iredell Fibers,