Thursday, December 30, 2010

Storm Repair Costs Creep to Estamate of 1 Million

The Grand Terrace City News reported that the cost of the recient storms may reach up to 1,000,000.00 that's 1 Million dollars.

We have often heard the number of 1.6 million in "reserve" well folks here is the reason for float if in fact we have that much. With those funds we will have to pay for the upfront costs of all the repairs and then ask for refunding or reimbursement of those costs via federal and state and insurance underwriter.

We need to provide City Manager Betsy Adams with the best City Council possible in order to be sure that the funds are spent properly, accounted for and claims for reimbursement made and accounted for when they do arrive.