HomeMy WebLinkAboutPR 19981: SETTLEMENT IN THE AMOUNT OF $7,024.41 AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY, SABINE PASS COMMUNITY CENTER City of Ch
ort
Texas
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INTEROFFICE MEMORANDUM
Office of Safety & Risk Management
Date: November 9, 2017
To: Brian McDougal, City Manager
From: Safety Management A. Williams, & Risk Management Coordinator
RE: A Resolution Approving a Settlement in the Amount of$7,024.41 Against Wright National
Flood Insurance Company for Flood related Damages to the Sabine Pass Community Center
(5262 S Gulfway Drive)
Nature of the request: On August 30, 2017, the Sabine Pass Community Center (5262 S
Gulfway Drive), 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 $7,024.41, less the deductible of $1,250.00, making the final settlement
$5,774.41. This amount is sufficient to cover all estimated property damages for the Sabine Pass
Community Center (5262 S Gulfway Drive). If additional damages are discovered, Wright
National Flood Insurance Company may issue a supplemental payment.
Recommendation: I recommend approval of Proposed Resolution No. 19981 authorizing the
property damage settlement against Wright National Flood Insurance Company for damage
sustained to the Sabine Pass Community Center (5262 S Gulfway Drive). Wright National
Flood Insurance Company has offered to settle the claim for $7,024.41, less the deductible of
$1,250.00, making final settlement $5,744.41. 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. 19981
11/08/17 TAW
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO EXECUTE THE SETTLEMENT OF A CLAIM IN THE AMOUNT OF $7,024.41 MADE
AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY AS A RESULT OF THE
FLOOD DAMAGE TO THE SABINE PASS COMMUNITY CENTER
WHEREAS, on August 29, 2017, Hurricane Harvey struck the City of Port Arthur,
resulting in flood damage to the Sabine Pass Community Center; 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 $7,024.41; however, the City has a building deductible of $1,250.00, making the final
settlement $5,774.41, 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 do all things necessary to
execute settlement in the amount of $7,024.41 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. 19981
11/08/17 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
APPROVES AS TO FORM:
a 1 V V )
l
Val Tizen:, City At rney
APPROVED FOR ADMINISTRATION:
Brian McDougal, City Manager
Wright National Flood Insurance Company FCL 99.002 0311
A Stock Company 2960967
P.O. Box 33003
St. Petersburg, FL 33733-8003 11/01/17
Claims: 1-800-725-9472
2000 11523 FLD RGLR
42 1150675873 06
November 01, 2017
CITY OF PORT ARTHUR cc: (713) 787-2431
444 4TH ST VICTOR 0 SCHINNERER & CO INC
PORT ARTHUR TX 77640-6450 3100 WILCREST DR STE 200
HOUSTON TX 77042-3530
RE: Insured: CITY OF PORT ARTHUR
Claim #: 17-0020332
Date/Loss: 08/29/2017
Policy #: 42 1150675873 06
Dear CITY OF PORT ARTHUR
It has been a pleasure to assist you with your recent flood loss. For
your convenience, we are providing the payment breakdown:
BUILDING CONTENTS
Gross Loss (RCV) 7024. 41
Less Depreciation
Covered Damage (ACV) 7024. 41
Less Deductible 1250 1250
CLAIM PAYABLE (ACV) 5774.41
TOTAL SETTLEMENT: 5774.41
The check (s) will be mailed separately from our office within the
next few working days.
If I can be of further assistance, please contact me at the toll-free
number listed below, ext. 5450.
Very truly yours,
Catastrophe Claims Office
POLICY INFORMATION: P.O.BOX 33003/ST. PETERSBURG,FL 33733-8003 1-800-820-3242
CLAIMS: P.O.BOX 33064/ST. PETERSBURG, FL 33733-8064 1-800-725-9472
CLAIMS FAX 1-877-270-4329
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