HomeMy WebLinkAboutPR 21213: SETTLEMENT IN THE AMOUNT OF $341,822.08 AGAINST WRIGHT NATIONL FLOOD INSURANCE COMPANY FOR DAMGES TO THE MUNICIPAL GARAGE City of
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Texas
INTEROFFICE MEMORANDUM
Office of Safety & Risk Management
Date: December 9, 2019
To: Ronald Burton, City Manager
From: Trameka A. Williams, Director of Human ResourfitiAA)
RE: A Resolution Approving a Settlement in the Amount of $341,822.08 Against Wright
National Flood Insurance Company for Flood related Contents 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$341,822.08. This amount is sufficient to cover all current contents 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. 21213 authorizing the
property damage settlement against Wright National Flood Insurance Company for damage
sustained to the Municipal Garage (103 H.O. Mills Blvd.) contents. Wright National Flood
Insurance Company has offered to settle the claim for $341,822.08. 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 Nye are here to serve the Citizens of Port Arthur"
P.R. No. 21213
12/09/19 TAW
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO EXECUTE THE SETTLEMENT OF A CLAIM IN THE AMOUNT OF $341,822.08 MADE
AGAINST WRIGHT NATIONAL FLOOD INSURANCE COMPANY AS A RESULT OF THE
FLOOD DAMAGE TO THE MUNICIPAL GARAGE CONTENTS (103 H.O. MILLS BLVD.)
WHEREAS, on August 29, 2017, Hurricane Harvey struck the City of Port Arthur,
resulting in flood damage to the contents of the Municipal Garage; and,
WHEREAS, as a result of the damage, a claim was filed with Wright National
Flood Insurance Company; and,
WHEREAS, Wright National Flood Insurance Company has offered to settle the
claim for $341 ,822.08, 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 $341 ,822.08 for the claim against Wright National Flood Insurance Company.
This amount is based on an estimated cost for flood-related contents replacement;
therefore, if additional flood-related costs are incurred, Wright National Flood Insurance
Company may issue a supplemental payment.
P.R. No. 21213
12/09/19 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, 2020, at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following
vote: AYES: Mayor , Councilmembers
NOES:
Thurman "Bill" Bartie, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED AS TO FORM:
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APPROVED FOR ADMINISTRATION:
Ronald Burton, City Manager
•
Wright National Flood Insurance Company Policy Number Claim Number Date Issued Check #
Claim Loss Account 42115031864007 117-0020323 11/14/19 7208233
P.O- Box 33005 St Petersburg, FL 33733-8005 Adjuster # Insured Name Loss date
Ph:1-800-820-3242 616 CITY OF PORT ARTHUR 829117
Wells Fargo Bank, N.A. 63-751
Reason: SUPPLEMENTAL PAYMENT FOR CONTENTS DAMAGE ARISING FROM LOSS ON 08/29/17 . 631
2000027075427 -- - = -
Description: - _
PAY THREE HUNDRED FORTY-ONE THOUSAND, EIGHT HUNDRED TWENTY-TWO DOLLARS AND EIGHT CENTS s f •
PAY CITY OF PORT ARTHUR
TO THE
ORDER - = _ 5 VOID AFTER 180 DAYS
OF l
VAluA
--- --
Please tear off at perforation. The Bank Number line is required to cash check.
Wright National Flood Insurance Company Policy Number Claim Number Date Issued Check#
Claim Loss Account 421150318640 07 117-0020323 11/14/19 7208233
P.O. Box 33005 St Petersburg, FL 33733-8005 Adjuster# Insured Name Loss date
PH: 1-800-820-3242 616 CITY OF PORT ARTHUR 8/29/17
Reason: SUPPLEMENTAL PAYMENT FOR CONTENTS DAMAGE ARISING FROM LOSS ON 08/29/17.
Description:
NON - NEGOTIABLE
Amount Paid: $"*341,822.08
PAY CITY OF PORT ARTHUR THIS IS NOT
TO THE A CHECK
ORDER
OF
NON—NEGOTIABLE
Your feedback is important to us.
Please complete a short survey that will let us know how we are doing by
going to www.wrightflood.com/claims or by calling us toll-free at 866-235-6633.
IF YOU HAVE A QUESTION REGARDING YOUR CLAIM PLEASE CONTACT US AT 1-800-725-9472
REFERENCE: 117-0020323
F
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