Storm Protection Fund Minutes April 20, 2026 Trustee Meeting
Meeting was held at 611 5th Avenue, Suite 150, Des Moines, IA and called to order at 2:02pm. Motion to approve agenda: Subra, seconded: Elmore, motion passed unanimously. Present: Hansel, Swartzentruber, Fonley, Newbold, Elmore, DeZeuww, Subra. Absent: Kalvig, Reinert. Approve minutes from February 5, 2026 meeting. Motion to approve: Subra, seconded: Newbold, motion passed unanimously.
Notification to Board of Claim Payments < $100,000. Howard Winneshiek $3,238 on March 10. Keystone AEA $17,200 on March 10. Maquoketa Valley $43,746 on March 15. Motion to approve all: Fonley, seconded: Newbold, motion passed unanimously.
Approve Claim Payments > $100,000. Hampton Dumont CSD $170,650, West Branch CSD $258,221, Clarinda CSD up to $315,295 subject to settlement regarding building code. Motion to approve all three: Elmore, seconded: Newbold, motion passed unanimously. Mid-Prairie $184,192, Swartzentruber recused. Motion to approve: Newbold, seconded: Subra, motion passed unanimously (Swartzentruber abstained).
Approve D&O and Crime Insurance for 7-1-26/27. D&O $9,034.65, SPF Crime $1,735, TrustPoint Crime $1,625. Motion to approve: Newbold, seconded: Swartzentruber, motion passed unanimously.
Motion to Adjourn at 2:15 - Subra, seconded: Elmore, motion passed unanimously
April 29 2026
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