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HomeMy WebLinkAboutPR 20017: SETTLEMENT WATER SERVICE CENTER City of nri r•thrtr Texas INTEROFFICE MEMORANDUM Office of Safety & Risk Management Date: November 27, 2017 To: Harvey Robinson, Interim City Manager From: Trameka A. Williams, Safety& Risk Management Coordinates RE: A Resolution Approving a Settlement in the Amount of $283,400.79 Against Wright National Flood Insurance Company for Flood related Damages to the Water Service Center (111 H.O. Mills Blvd.) Nature of the request: On August 30, 2017, the Foster Estates Pumphouse (6000 Lewis Drive), 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 $283,400.79. This amount is sufficient to cover all estimated property damages for the Water Service Center (111 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. 20017 authorizing the property damage settlement against Wright National Flood Insurance Company for damage sustained to the Water Service Center (111 H.O. Mills Blvd.). Wright National Flood Insurance Company has offered to settle the claim for $283,400.79. 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. 20017 11/27/17 TAW RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE THE SETTLEMENT OF A CLAIM IN THE AMOUNT OF $283,400.79 MADE AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY AS A RESULT OF THE FLOOD DAMAGE TO THE WATER SERVICE CENTER (111 H.O. MILLS BLVD.) WHEREAS, on August 29, 2017, Hurricane Harvey struck the City of Port Arthur, resulting in flood damage to the Water Service 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 $283,400.79, 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 $283,400.79 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. 20017 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 APPROVED AS TO FORM: (0 D Val Tizeno, y rney APPROVED FOR ADMINISTRATION: Harvey Robinson, Interim City Manager Wright National Flood Insurance Company A Stock Company P.O.Box 33003 1Z T St.Petersburg,FL 33733-8003 Claims: 1-800-725-9472 November 20, 2017 CITY OF PORT ARTHUR 444 4TH ST PORT ARTHUR, TX 77640-6450 RE: Insured: CITY OF PORT ARTHUR Claim Number: 17-0020318 Policy Number: 42 1150318637 07 Date of Loss: 8/29/17 Location of Loss: 111 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 $283,400.79 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 • • 06055844211503186371732401 00006 00137