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HomeMy WebLinkAboutPO 6710: PROPERTY DAMAGE SETTLEMENT IN THE AMOUNT OF $9,930.00FOR DAMAGE TO CITY OF PORT ARHTUR CECIL REYNOLDS PARK STORAGE BUILDING (4100 36TH STREET) City of ''..,_:„. hl nrt r/{rrrr /eXCIs INTEROFFICE MEMORANDUM Office of Safety & Risk Management Date: June 25, 2018 To: Harvey L. Robinson, Interim City Manager From: Trameka A. Williams, Safety&Risk Manager RE: An Ordinance Approving a Property Damage Settlement in the Amount of$9,930.00 for Damages to City of Port Arthur Cecil Reynolds Park Storage Building(4100 36th Street) Nature of the request: On April 14, 2018, Cecil Reynolds Park storage building sustained fire damages from an unknown source and was deemed a total loss. Staff Analysis, Considerations: The City has Physical Damage insurance coverage through Texas Municipal League Intergovernmental Risk Pool (TML) with a $5,000.00 deductible. TML has offered the City a settlement of$9,930.00, waiving the $5,000.00 deductible, making the final settlement offer $9,930.00 (Exhibit "A" attached). The storage building was grossly underinsured at $6,620.96. This amount is not sufficient to cover all estimated property damages to the storage building as the adjuster's report states the cost to repair will be approximately $67,000.00. Recommendation: I recommend approval of Proposed Ordinance No. 6710 authorizing the property damage settlement against TML for damage sustained to Cecil Reynolds Park storage building (4100 36th Street). TML has offered to settle the claim for $9,930.00, waiving the $5,000.00 deductible, making the final settlement offer $9,930.00. This is considered a fair and reasonable settlement. Budget Considerations: The funds received will be deposited in the General Fund Insurance Proceeds Account#001-0000-369.85-00. "Remember we are here to serve the Citizens of Port Arthur" P.O. No. 6710 06/25/18 TAW ORDINANCE NO. AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE SETTLEMENT OF A PHYSICAL DAMAGE CLAIM IN THE AMOUNT OF $9,930.00 MADE AGAINST TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL RISK POOL (TML) AS A RESULT OF PROPERTY DAMAGE TO CECIL REYNOLDS PARK STORAGE BUILDING (4100 36TH STREET) WHEREAS, on April 14, 2018, Cecil Reynolds Park storage building sustained fire damages from an unknown source and was deemed a total loss; and, WHEREAS, as a result of the damage, a claim was filed with Texas Municipal League Intergovernmental Risk Pool (TML); and, WHEREAS, TML has offered to settle the claim for $9,930.00, waiving the Physical damage deductible amount of $5,000.00, making the final settlement offer $9,930.00, which is considered 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 $9,930.00, waiving the Physical Damage deductible amount of $5,000.00, making the final settlement offer $9,930.00, for the claim against TML in substantially the same form as delineated in Exhibit "A". P.O. No. 6710 06/25/18 TAW Page 2 of 2 Section 3. That, a copy of this Ordinance be spread upon the minutes of the City Council. READ, ADOPTED, AND APPROVED this day of , AD, 2018, 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: ) - �i�Q J Val Tizeno, Cit ttorney APPROVED FOR ADMINISTRATION: Harvey L. Robinson, Interim City Manager EXHIBIT "A" TML INTERGOVERNMENTAL RISK POOL Workers' Compensation • Property • Liability June 19, 2018 City of Port Arthur Attn: Monique LeFlore PO Box 1089 Port Arthur, TX 77641 RE: TMLIRP Fund Member: City of Port Arthur Date of Loss: April 14, 2018 TMLIRP Claim No: PR0000000078667 Loss Location: 4100 36th Street Dear Monique LeFlore: Attached please find TMLIRP's checks in the amount of $9,930.00 for the total loss storage building and $750.00 for the port-a-john. This amount represents the final payment under the Replacement Cost Coverage on this loss. Should you have any questions or concerns, please feel free to contact me. Sincerely, VOIIAL Melanie Friske Claims Specialist Texas Municipal League Intergovernmental Risk Pool Enclosure: TMLIRP Checks Texas Municipal League Intergovernmental Risk Pool 1821 Rutherford Lane, First Floor • Austin, Texas 78754 • (512)491-2300 • (800)537-6655 Texas Only P.O. Box 149194 • Austin, Texas 78714-9194