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Township ratifies insurance agreement Township council recently approved some minor revisions in its reciprocal insurance agreement with the Ontario Municipal Insurance Exchange (OMEX). King has been part of this program for a little more than a year. Township Treasurer Don Young reported the OMEX Advisory Board recently approved changes to the agreement, mainly representation and other governance issues. They require ratification by the member municipalities. "No detrimental amendments have been noted," Young stated. He also told Councillor Bill Cober the agreement has cut the insurance costs roughly in half. "I'm very pleased we've made the transition," Cober remarked, also suggesting King should take more of a role in the governance. He thought the Township should take part in the governance structure of OMEX, adding small municipalities should be represented. Township Clerk Chris Somerville wasn't sure what kind of time demands that would involve. Cober asked her to find out. |
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