Help identifying a ground wire - J60TLERS

IDFISHER

Petty Officer 2nd Class
Joined
May 11, 2017
Messages
158
I have a '94 60 HP Johnson and while doing my de-winterizing check up I noticed that the wire that is grounded to the block by the starter solenoid's upper mounting bracket screw is missing about 2" of insulation and beginning to corrode. Can someone identify what this wire is for and the best way to replace it or re-insulate it?
 
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