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HomeMy WebLinkAboutC.054.93008_0832387 BALANCE SECONDARY ROAD CONSTRUCTION ACCOUNT $ 22,000 1985-86 ALLOCATION 793,816 TOTAL FUNDS AVAILABLE 815,816 LESS PROGRAM 755,449 BALANCE IN RESERVE $ 60,367 VOTING ON MOTION: Ayes - 5; Nays - 0. CHAIRMAN HEDRICK ADJOURNED THE MEETING TO PUBLIC HEARING. ADOPTION OF SCROLL FOR PAVING PARTICIPATION FOR S. R. 1988, LORRAINE DRIVE: The following scroll was presented to the board for its action, having been advertised and the persons listed on the scroll notified: Geraldine B. Harkey Route 11, Box 456A Statesville, NC 28677 200' @ $391.00 Deloris C. Kostron 702 Paul Street Kissimmee, FA 32741 132' @ $375.00 No one present spoke regarding this matter during the public hearing. CHAIRMAN HEDRICK ADJOURNED THE PUBLIC HEARING TO REGULAR SESSION. MOTION from Commissioner Murdock to approve the scroll for S. R. 1988, Lorraine Drive, as presented to the board. VOTING: Ayes - 5; Nays - 0. CHAIRMAN HEDRICK ADJOURNED THE MEETING BACK TO PUBLIC HEARING. CONTINUATION OF HEARING ON WASTEWATER DISPOSAL SYSTEMS ORDINANCE: Miss Lisa Beckham, planner, presented the board, through the agenda mail -out, the following information: (1) Comments from John Roberts, representative from Camp, Dresser & McKee (2) Draft #6 of the proposed Wastewater Disposal Systems Ordinance with comments from Jerry Davenport (3) Letter from David Bailey, Centralina Council of Governments, Risk Management Specialist Miss Beckham then introduced David Bailey to the board who discussed the insurability procedure for the Wastewater Disposal Systems. Mr. Bailey discussed the following types -- of insurance involved in a wastewater treatment plant: (1) Performance Bond. This insures the project will be completed as proposed. The contract would probably be with the county, Mr. Bailey said. This is a very common type of insurance. (2) Efficacy Insurance. Basically this means "It'll do what it's supposed to do." This insurance is protection for the land owners that this plant will operate as proposed. The land owners' association, county, or the developer will be the obligee. This is "tricky" in that the developer must insure that his plan is feasible. It is an expensive policy which runs 1 to 2% of the cost of the project. (3) Environmental Impairment Liability Insurance. To insure the obligee when something goes wrong with the plan. Mr. Bailey said this project would be a tremendous potential for an environmental impairment situation. This would be normally covered by general liability insurance, but because of the news and fears regarding the environmental situations, insurance companies are writing exclusions for environmental impairment. They are saying they will cover a broken leg, auto accident, etc., but they exclude environmental impairment. Mr. Bailey said it is virtually impossible to obtain this insurance at a reasonable cost. In summary Mr. Bailey stated the following: (1) Performance Bond - No problem (2) Efficacy - No problem for a legitimate company with a legitimate project.