Contact Justin Schneider: (765) 640-4809, justin.schneider@heraldbulletin.com

C.P. Morgan leaves fire coverage legacy

Before beginning construction the 823-unit Summerlake housing development, C.P. Morgan agreed to pay $1,000 per developed acre to offset the cost of fire coverage in Green Township. Account history:

u Deposit (Dec. 17, 2002): $81,079

u Deposit (June 17, 2003): $23,940

u Deposit (Sept. 17, 2004): $46,370

u Deposit (Sept. 29, 2004): $4,338

u Deposit (Nov. 12, 2004): $16,993

u Deposit (Dec. 15, 2005): $11,980

u Interest (total): $24,480

u Withdrawal (Aug. 15, 2006): $75,000

Current balance: $134,180

— Source: Madison County auditor’s office