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f <br /> k <br /> Committee Report <br /> Personnel and Finance Committee <br /> September 11, 1996 <br /> Page 6 <br /> The Sewer Repair Insurance Fund was then reviewed which is the same amount as 1996 <br /> projected to be $454,362 in 1997. The program requires the homeowner to pay the first <br /> $500 with the insurance kicking in thereafter. Seventy-one cents per month is collected per <br /> residence for the program. The average repair cost is $1,500 with a roaimatcl ZQQ <br /> sewer repairs being done annually. John Lykj eSC�ins rity;Meeting. Ile noted that the sewer repair insuranc ,'pro � 4 r,Jolned t�e 6ommittee <br /> with long term plans and goals being reevaluated. p 5 cunuy being revamped <br /> Mr. Sam Hensley,Street Department Superintendent and his staff then joined his staff then <br /> joined Committee to review the Street Department Budget. The Personnel and Finance <br /> Committee continued discussion until approximately 6:15 p.m. <br /> Respectfully submitted, <br /> Council Member Steve Luecke,Chairperson <br /> Personnel and Finance Committee <br /> Attachments <br />