HomeMy WebLinkAboutPR 20011: SETTLEMENT $192,147.47 AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY FOR FLOOD DAMAGES TO MUNICIPAL SERVICE STATION 1
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INTEROFFICE MEMORANDUM
Office of Safety & Risk Management
Date: November 27, 2017
To: Dr. Jimmie Johnson,Acting City Manager t'
From: Trameka A. Williams, Safety &Risk Management Coordinator �"�
RF: A Resolution Approving a Settlement in the Amount of $192,147.47 Against Wright
National Flood Insurance Company for Flood related Damages to the Municipal Service
Station(101 H.O. Mills Blvd.)
Nature of the request: On August 30, 2017, the Municipal Service Station (101 H.O.
Mills Blvd.), sustained damages during the flooding from Hurricane Harvey.
StaffAnalysis, Considerations: The City has Flood insurance coverage through Wright
National Flood Insurance Company. Wright National Flood Insurance Company has offered the
City a settlement of $192,147.47. This amount is sufficient to cover all estimated property
damages for the Municipal Service Station (101 H.O. Mills Blvd.). If additional damages are
discovered, Wright National Flood Insurance Company may issue a supplemental payment.
Recommendation: I recommend approval of Proposed Resolution No. 20011 authorizing the
property damage settlement against Wright National Flood Insurance Company for damage
sustained to the Municipal Service Station (101 H.O. Mills Blvd.). Wright National Flood
Insurance Company has offered to settle the claim for$192,147.47. This is considered a fair and.
reasonable settlement.
Budget Considerations: The funds received will be deposited in the Insurance Proceeds
Account#147-0000-369.85-00, Project#082617.
"Remember we are here to serve the Citizens of Port Arthur"
P.R. No. 20011
11/27/17 TAW
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO EXECUTE THE SETTLEMENT OF A CLAIM IN THE AMOUNT OF $192,147.47 MADE
AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY AS A RESULT OF THE
FLOOD DAMAGE TO THE MUNICIPAL SERVICE STATION (101 H.O. MILLS BLVD.)
WHEREAS, on August 29, 2017, Hurricane Harvey struck the City of Port Arthur,
resulting in flood damage to the Municipal Service Station; and,
WHEREAS, as a result of the damage, a claim was filed with Wright National Flood
Insurance Company; and,
WHEREAS, Wight National Flood Insurance Company has offered to settle the claim
for $192,147.47, which has been determined to be a fair and reasonable settlement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PORT ARTHUR, TEXAS:
Section 1. That, the facts and opinions in the preamble are true and correct.
Section 2. That, the City Manager is hereby authorized to execute settlement in the
amount of $192,147.47 for the claim against Wright National Flood Insurance Company. This
amount is based on an estimated cost for flood-related repairs; therefore, if additional flood-
related costs are incurred, Wright National Flood Insurance Company may issue a
supplemental payment.
P.R. No. 20011
11/27/17 TAW
Section 3. That, a copy of this Resolution be spread upon the minutes of the City
Council.
READ, ADOPTED, AND APPROVED this day of , AD, 2017, at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following vote:
AYES: Mayor , Councilmembers
NOES:
Derrick Ford Freeman, Mayor
ATTEST:
Sherri Bellard, City Secretary
7ROV D AS TO FORM:
Val Tizeno, City t) orney
APPROVED FOR ADMINISTRATION:
Dr. Jimmie Johnson, Acting City Manager
Wright National Flood Insurance Company
A Stock Company
P.O. Box 33003
WRIGIIT St.
Claims: 1(800 725g, FL 794 2003
November 15, 2017
CITY OF PORT ARTHUR
444 4TH ST
PORT ARTHUR, TX 77640-6450
RE: Insured: CITY OF PORT ARTHUR
Claim Number: 17-0020315
Policy Number: 42 1150318635 07
Date of Loss: 8/29/17
Location of Loss: 101 H 0 MILLS BLVD PORT ARTHUR TX, 77640-2434
Dear policyholder:
We are sorry for your flood loss due to the catastrophic event and hope that your flood insurance policy
through the National Flood Insurance Program will help you recover as quickly as possible.
At this time, we have determined that you are owed $192,147.47 under your flood insurance policy. By
accepting this payment(s), you agree that the information in the adjuster's report is true and correct to the
best of your knowledge and belief. If you have not received your estimate(s), please contact your adjuster
or Wright Flood.
Accepting this payment does not waive any of your rights to seek further payments under your flood
insurance policy. You may request additional payments by submitting a Proof of Loss within one year
following the date of loss. We will help you complete and submit a Proof of Loss if you believe you are
owed more under your flood insurance policy. You can learn more about requesting payments under your
policy by visiting https://www.fema.gov!nfip-file-your-claim
Claims Department
Wright National Flood Insurance Co.
P.O. Box 33064
St. Petersburg, FL 33733
800-725-9472
06055844211503186351,731901 00008 00133 s� F