Members of the Marshall County Reginal Sewer District Board met Wednesday in the Commissioner’s meeting room of the County Building at 6.
During the meeting, the county sewer board received a recommendation from their Insurance Committee, whose members include Chairman Tom McFadden, Don Ecker from the City of Plymouth, and Brenda Meyers. The committee interviewed and reviewed presentations from Gibson Insurance and Hylant to obtain a broker for the bond and DNO coverage.
President McFadden said Hylant represented a sewer district in Munroe County. He spoke to the director of that sewer district and said they’ve worked with Highland since 2003 and they are top-notch and brought added value to the sewer district they own an insurance company that writes for sewer districts.
The board felt the wise recommendation was to use Hylant as their insurance broker since they have experience. The Marshall County Regional Sewer Board unanimously approved the recommendation.
The Regional Sewer Board also created a Finance Committee with Chairman Tom McFadden, Secretary Brenda Meyers, and Diann Parsons and an Engineering Committee with Jay Stone as the Chairman, Don Ecker, and Chris Spier.
Regional Sewer Board members received an Engineering Update from Ken Jones from Jones Petrie Rafinski (JPR) Engineering. He told members in October they compared the Archeological, Historical, and Environmental consultant proposals and the recommendation was to move forward with the SWCA proposal based on cost and familiarity of their work. Jones noted that they were already engaged in a limited capacity already but would like to move forward but he wants to give them a timeline for being paid.
The Regional Sewer Board will make an official engagement with SWCA at their January meeting.
With no funding coming from Marshall County, the Regional Sewer Board will have to acquire a Bond Anticipation Note to pay expenses. The Bond Anticipation Note is a promissory note in anticipation of bond financing on the district’s revenue going forward. The district will have to engage a local lending institution to provide that note. That cash will be available to the district to pay the bills needed to get the first project underway.
The Regional Sewer Board also set their monthly meetings for the second Wednesday of each month at 6 p.m. in the second-floor meeting room of the County Building.