Brazos County moves closer to taking over Bryan parking garage
In a split vote, commissioners approved contracts for pest control, fire alarm monitoring, fire extinguishers and sprinkler system inspections, elevator maintenance and liability insurance.
Commissioner
The garage was built by the
A
Brown told Peters that he did not like the county using a broker to get the insurance coverage.
"Every time that we hire a broker to place insurance for the county, it cost us additional taxpayer dollars that we shouldn't be having to spend," he said. "A broker is going to make 10%, 15%, 20% depending on what the insurance is. And I just hope that in the future we can quit going to a broker and just start advertising for bids from different insurance companies and not using the broker at all."
Resident
"I'm not completely sure about what all the relationship is between the county and the parking garage, but I see you're spending money here on the garage," he said. "I was unaware that you had any operational duties there. I'm asking for an explanation of what the relationship is and why you have cost over there."
Peters explained the history of the agreement between the county and the BTD regarding the garage. He said the BTD was losing money on garage management and asked the county to take it over sooner than 2044 since the county is the primary user of the facility.
Brown added that the county does get to keep revenues generated from the garage.
"Whatever the revenue is, we get to keep the revenue so there is an offset there," he said.


EUR/USD Analysis: Cautious Stability Ahead of FOMC Minutes – 09 April 2025
County closer to acquiring garage
Advisor News
- The conversation almost no advisor is having yet
- Why advisors should offer retirement-longevity planning
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
More Advisor NewsAnnuity News
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Securian Financial Increases Individual Life Retention to $10 Million, Strengthening Support for High-Net-Worth Life Insurance Market
- Americans without children are less confident about retirement, Allianz finds
- The conversation almost no advisor is having yet
- DELAWARE INSURANCE DEPARTMENT DETAILS REVIEW OF BRIGHTHOUSE ACQUISITION
- Sammons Enterprises & Sammons Financial Group Respond to Reports
More Life Insurance News