Agenda Highlights 2/13/24

The Fort Smith Board of Directors study session meeting scheduled for 2-13-24 will begin with discussion about the upcoming renewal for the City’s auto and property insurance policy. Coverage is currently purchased through Arkansas Municipal League. The premiums for auto coverage through AML this year are expected to increase from $419,679 last year to $77,293 for the renewal. The premiums for property coverage through AML are expected to increase from $1,026,298 last year to $1,173,665 for the renewal. First Western Insurance that is contracted to consult on insurance matters will present their findings and recommendations regarding insurance options.

The Board will hear a presentation from Hawkins-Weir Engineers regarding the Chaffee Crossing water study and discuss the results of the study, challenges to the water supply, and possible solutions.