CdA covered in case of terrorist attack

Would terrorists —yes, terrorists, not tourists — eye Coeur d’Alene as a possible target?

Yes? No?

Would you put money on it one way or the other?

The city of Coeur d’Alene has, opting to include for at least the

second straight year insurance that would cover its assets in the

unlikely event of a Lake City terrorist attack. But the city’s urban

renewal agency, Lake City Development Corp., turned the same

opportunity down last week, declining to pick up the $5,000 premium

that would cover against covert strikes.

It’s the second straight year LCDC said no.

The offer was through LCDC's insurance provider ICRMP, and under the

Federal Terrorism Insurance Act, with up to $20 million in coverage.

But, although the calling card of terrorism attacks is surprise, the

board wasn’t willing to dish out the extra cash on an improbable

attack.

As LCDC Executive Director Tony Berns put it: “I don’t think we have

any concerns of terrorism at this time."

The city though, with its multi-million and counting wastewater

treatment plant loaded with chemicals on the shores of the Spokane River,

picked up the terrorist option in its coverage this year.

That $1,706 option under its provider, One Beacon America Insurance

Co., would pay for 85 percent of losses up to $100 billion, said Troy

Tymesen, finance director. - Tom Hasslinger