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another long-distance consultation with Mr. Thornton to report to the board that “(He) told me that the way it’s set up it is unlikely that there will be a reassessment because of the large amount of money available — it’s not impossible but it is improbable.”
“I want a binder — a letter of agreement. I don’t like the idea of not knowing the facts and the limitations (of coverage),” Supervisor Estes interjected.
“It’s a standard liability form,” Mr. Miller replied. “The consultant has problems with it — but he said ‘it’s the only game in town’.”
“I concur with the consultant,” Mr. McCarthy said. “The member agreement is standard. It’s a small comfort — but we’re one among 90 jurisdictions about to be taken — if we are being taken. ”
“I don’t see where we have any choice,” Mr. Estes concluded. “Markel Service Inc. (which will provide public officials’ liability coverage) stipulates membership in VML (the liability pool) as a condition of coverage.”
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