At Monday’s regular meeting, the Paintsville City Council opted for an insurance policy for city employees that would save the city approximately $37,000.
The city received two bids for insurance and workers’ compensation, including Maverick Insurance, totaling $297,665.44 and the Kentucky League of Cities, which bid $334,511.68. A third company, Brick Street, submitted a bid for workers’ compensation alone, for more than $212,000.
The council opted to take the lowest bid, but KLC representatives recommended the city take a look at perhaps breaking the insurance up and seeking the lowest bid for each. However, Maverick’s bid listed workers’ compensation premiums as being only $129,682.93 of that total, making their bid the cheapest for both parts of the package.
The city also approved the second reading of a budget for the upcoming fiscal year, and approved a resolution closing the books on the current fiscal year.
Mayor Bill Mike Runyon also took time at the meeting to recognize Anita Watts and the Paintsville Main Street program for their work on the city’s hanging flower baskets, and to recognize community development coordinator Regina Hall McClure, whom Runyon said currently had 11 different grants pending with different agencies for both the city and for Johnson County.