"Would it be sacrilege to suggest that, ...perhaps..., ...
just perhaps ..., they might ... might ... be better off
with 20 million$$ rather than 150,000 boxes of old records..."

My thoughts exactly.  I wondered how they attached value to each record 
and what the process was.  Does anyone know? 


John Annunziello
Manager, Records and Information 
Toronto and Region Conservation Authority
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"Information is a corporate, strategic asset that needs to be managed"




Steven Whitaker <[log in to unmask]> 
Sent by: Records Management Program <[log in to unmask]>
04/27/2007 01:16 PM
Please respond to
Records Management Program <[log in to unmask]>


To
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cc

Subject
Re: [RM] Court Award re: fire at offsite storage






Given that the fire was most likely an accident or incident, and not
arson...      Would it be sacrilege to suggest that, ...perhaps..., ...
just perhaps ..., they might ... might ... be better off
with 20 million$$ rather than 150,000 boxes of old records...

Tossed that in JUST to stimulate thought..., no agendae



Best regards, Steve
Steven D. Whitaker, CRM
Records Systems Manager; City of Reno

>>> [log in to unmask] 4/27/2007 7:02 AM >>>
Found this update, but no ARMA case information:

Though rare, such fires can be extremely costly, both for users and
storage facility providers. Damages from two lawsuits related to a May
1997 fire at a Pennsylvania facility owned by Diversified Records
Services Inc. are now up to $65 million. The claimants in that fire,
First Union Corp. and Mobil Oil Corp., were awarded more than $20
million each almost four years ago after losing 156,000 and 68,000
boxes
of documents, respectively. But the amount of damages rose after the
state Supreme Court earlier this month refused an appeal filed by
Grinnell Corp., the sprinkler systems manufacturer involved in the
case.

At 
http://www.techworld.com/ 


[log in to unmask] 
Design-Information Systems Manager

<snip>

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