HomeMy WebLinkAboutPR 20037: DETTLEMENT MUNICIPAL GARAGE 103 H.O. MILLS City of ,ac`
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Texas
INTEROFFICE MEMORANDUM
Office of Safety & Risk Management
Date: December 6, 2017
To: Harvey Robinson, Interim City Manager
From: Trameka A. Williams, Safety Management Risk Mana ement Coordinatcl,
RE: A Resolution Approving a Settlement in the Amount of $463,855.19 Against Wright
National Flood Insurance Company for Flood related Damages to the Municipal Garage
(103 H.O. Mills Blvd.)
Nature of the request: On August 30, 2017, the Municipal Garage(103 H.O. Mills Blvd.),
sustained damages during the flooding from Hurricane Harvey.
Staff Analysis, 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 $463,855.19. This amount is sufficient to cover all estimated property
damages for the Municipal Garage (103 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. 20037 authorizing the
property damage settlement against Wright National Flood Insurance Company for damage
sustained to the Municipal Garage (103 H.O. Mills Blvd.). Wright National Flood Insurance
Company has offered to settle the claim for $463,855.19. 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. 20037
12/06/17 TAW
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO EXECUTE THE SETTLEMENT OF A CLAIM IN THE AMOUNT OF $463,855.19 MADE
AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY AS A RESULT OF THE
FLOOD DAMAGE TO THE MUNICIPAL GARAGE (103 H.O. MILLS BLVD.)
WHEREAS, on August 29, 2017, Hurricane Harvey struck the City of Port Arthur,
resulting in flood damage to the Municipal Garage; 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 $463,855.19, 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 $463,855.19 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. 20037
12/06/17 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
APPROVED AS TO FORM:
\Co& • ,
Val Tizeno, ity A rney
APPROVED FOR ADMINISTRATION:
Harvey Robinson, Interim City Manager
Wright National Flood Insurance Company
A Stock Company
P.O.Box 33003
St.Petersburg, FL 33733-8003
Claims: 1-800-725-9472
November 30, 2017
CITY OF PORT ARTHUR
444 4TH ST
PORT ARTHUR, TX 77640-6450
RE: Insured: CITY OF PORT ARTHUR
Claim Number: 17-0020323
Policy Number: 42 1150318640 07
Date of Loss: 8/29/17
Location of Loss: 103 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 $463,855.19 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
06055844211503186401733401 00001 00257
Wright National Flood Insurance Company FCL 99.002 0311
A Stock Company 1392265
P.O. Box 33003
WRIGHT St. Petersburg, FL 33733-8003 11/29/17
Claims: 1-800-725-9472
2000 11523 FLD RGLR
42 1150318640 07
November 29, 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 #: 17-0020323
Date/Loss: 08/29/2017
Policy #: 42 1150318640 07
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) 342557.71 202367.02
Less Depreciation 35630.44 42939.10
Covered Damage (ACV) 306927.27 159427. 92
Less Deductible 1250 1250
CLAIM .PAYABLE (ACV) 305677.27 158177. 92
TOTAL SETTLEMENT: 305677.27 158177. 92
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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06055844211503186401733301 00000 03559