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HomeMy WebLinkAboutPR 21989: PROPERTY DAMAGE SETTLEMENT IN THE AMOUNT OF $24,436.24 FOR DAMAGES TO THE PLEASURE ISLAND WELCOME SIGNAGE City of nrt rtht[r INTEROFFICE MEMORANDUM Office of Safety & Risk Management Date: June 15, 2021 To: Ronald Burton, City Manager From: Trameka A. Williams, Director of HumanLcsf(0 RE: A Resolution Approving a Property Damage Settlement in the Amount of$24,436.24 for Damages to the Pleasure Island Welcome Signage Nature of the request: On November 22, 2020, the Pleasure Island welcome signage was damaged by a citizen involved in a motor vehicle accident. Staff Analysis, Considerations: The City has Physical Damage insurance coverage through Texas Municipal League Intergovernmental Risk Pool (TMLIRP) with a $5,000.00 deductible. TML has offered the City a settlement of$24,436.24, less the $5,000.00 deductible, making the final settlement offer $19,436.24 (Exhibit "A" attached). This amount is sufficient to cover all estimated property damages for the signage. If additional damages are discovered, TMLIRP may issue a supplemental payment. Recommendation: I recommend approval of Proposed Resolution No. 21989 authorizing the property damage settlement against TMLIRP for damage sustained to the Pleasure Island welcome signage. TMLIRP has offered to settle the claim for $24,436.24, less the $5,000.00 deductible, making the final settlement offer $19,436.24. This is considered a fair and reasonable settlement. Budget Considerations: The funds received will be deposited in the General Fund Insurance Proceeds Account#625-00-000-4744-00-00-000, HR—Ins Proceeds General FD 001. "Remember we are here to serve the Citizens of Port Arthur" P.R. No. 21989 06/15/21 TAW RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE SETTLEMENT OF A PHYSICAL DAMAGE CLAIM IN THE AMOUNT OF $24,436.24 MADE AGAINST TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL RISK POOL (TMLIRP) AS A RESULT OF PROPERTY DAMAGE TO THE PLEASURE ISLAND WELCOME SIGNAGE WHEREAS, on November 22, 2020, the Pleasure Island welcome signage was damaged by a citizen involved in a motor vehicle accident; and, WHEREAS, as a result of the damage, a claim was filed with Texas Municipal League Intergovernmental Risk Pool (TMLIRP); and, WHEREAS, TMLIRP has offered to settle the claim for $24,436.24, less the Physical Damage deductible amount of $5,000.00, making the final settlement offer $19,436.24, 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 $24,436.24, less the Physical Damage deductible amount of $5,000.00, making the final settlement offer $19,436.24, for the claim against TMLIRP in substantially the same form as delineated in Exhibit "A". P.R. No. 21989 06/15/21 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, 2021, 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: )?A-Lt-Val Tizeno, CityAttorney Y APPROVED FOR ADMINISTRATION: Ronald Burton, City Manager EXHIBIT " A " u.-..1�;+i���-.nY7!:��.e_•t.'-T�',-4��- , _,. .C�- .,.! a.•Jii•1n 1•11,1YuC11ill R it-T own.7ninNorre.4. Texas Municipal League Frost Bank TML Intergovernmental Risk Pool Parkdale Date Number Joint Self Insurance Fund 68-2322H149 1821 Rutherford Lane Austin,TX78754 59 05/26/21 09042241 (512)491-2300 PR0000000136922 Amount Pay NINETEEN Thousand FOUR Hundred THIRTY SIX Dollars and TWENTY $*****19,436.24 FOUR Cents To City of Port Arthur 0,44 ,At.7 .473S.. - - PO Box 1089 Port Arthur, TX 77641-1089 0•-(200-' ev Void After 90 Days SIGNATURE HAS A COLORED BACKGROUND•BORDER CONTAINS MICROPRINTING J CLAIM NUMBER PAYMENT FOR FOR THE PERIOD AMOUNT ADJUSTER INVOICE NUMBER LINE CATEGORY PR0000000136922 Port Arthur -5, 000.00 jkaltman Deductible PR0000000136922 Port Arthur 24,436.24 jkaltman • Equipment Damage City of Port Arthur 09042241 19,436 .24 05/26/21 L370323