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HomeMy WebLinkAboutPR 21575: TML FOR FLOOD RELATED DAMAGES TO THE WATER METER TRANSMITTERS AND COMPONENTS City of • P urt rthur texas INTEROFFICE MEMORANDUM Office of Safety & Risk Management Date: September 14, 2020 To: Ronald Burton, City Manager From: Trameka A. Williams, Director of Human Resourc cji RE: A Resolution Approving a Settlement in the Amount of $36,977.91 Against Texas Municipal League (TML) for Flood related Damages to the Water Meter Transmitters and Components Nature of the request: On August 30, 2017, the water meter transmitters and components sustained damages during the flooding from Hurricane Harvey. Staff Analysis, Considerations: The City has Flood insurance coverage through Texas Municipal League (TML). Texas Municipal League (TML) has offered the City a settlement of $36,377.91, less the 1% deductible of the value of the equipment in the amount of $9,679.00, making the final settlement offer $26,698.91. This amount is sufficient to cover all current property damages for the water meter transmitters and components. If additional damages are discovered, Texas Municipal League (TML) may issue a supplemental payment. Recommendation: I recommend approval of Proposed Resolution No. 21575 authorizing the property damage settlement against Texas Municipal League (TML) for damage sustained to water meter transmitters and components. Texas Municipal League (TML) has offered to settle the claim for $36,377.91, less the 1% deductible of the value of the building in the amount of $9,679.00, making the final settlement offer $26,698.91. 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. 21575 09/14/20 TAW RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE THE SETTLEMENT OF A CLAIM IN THE AMOUNT OF $36,377.91 MADE AGAINST TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL RISK POOL (TML-IRP) AS A RESULT OF THE FLOOD DAMAGE TO THE WATER METER TRANSMITTERS AND COMPONENTS WHEREAS, on August 29, 2017, Hurricane Harvey struck the City of Port Arthur, resulting in flood damage to the water meter transmitters and components used by meter readers; and, WHEREAS, as a result of the damage, a claim was filed with Texas Municipal League Intergovernmental Risk Pool (TML-IRP); and, WHEREAS, Texas Municipal League Intergovernmental Risk Pool (TML-IRP) has offered to settle the claim for $36,377.91 , less the 1 % deductible in the amount of $9,679.00, making the final settlement offer $26,698.91 , 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 the settlement for flood damage to water meter transmitters and components in the amount of $36,977.91 , less the 1 % deductible in the amount of $9,679.00. This amount is based on an estimated cost for flood-related repairs; therefore, if additional flood-related costs are incurred, Texas Municipal League Intergovernmental Risk Pool (TML-IRP) may issue a supplemental payment. P.R. No. 21575 09/14/20 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: , , / / j, / Val Tizen., City Attorney APPROVED FOR ADMINISTRATION: Ronald Burton, City Manager Exhibit " A " TML INTERGOVERNMENTAL RISK POOL WORKERS' COMPENSATION • PROPERTY • LIABILITY August 10, 2020 Port Arthur Attn: Trameka Williams, HR Director PO Box 1089 Port Arthur, TX 77641-1089 RE: TMLIRP Fund Member: Port Arthur Date of Loss: August 30, 2017 TMLIRP Claim No: PR0000000065172 Flood damage to water meter transmitters/components-Sched ID 584 Dear Trameka: Please find enclosed payment for replacement cost repairs less the 1% deductible ($9679) for repairs to the water meter transmitters and components in the amount of $26,698.91. Please don't hesitate to give me a call should you have any questions. Sincerely, Lisa Kutch Senior Claims Specialist Texas Municipal League Intergovernmental Risk Pool (800) 537 6655, ext. 2412 CITY OF PORT ARTHUR Enols: TMLIRP Check AUG 13 2020 HUMAN RESOURCES TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL RISK POOL P.O. Box 149194 • Austin, Texas 78714-9194 • www.lrnlirp.org