SUBJECT/RECOMMENDATION:
Title
Approve settlement of the physical damage claim of the City of Clearwater for payment not to exceed $60,918.00 and authorize the appropriate officials to execute same. (consent)
Body
SUMMARY:
The City Fire Department pickup truck G4049 was traveling west on East Bay Drive in emergency mode when it was struck in the side by a vehicle traveling south on Missouri Avenue. G4049 was extensively damaged and is a total loss.
The truck chassis is valued at $40,918.00 and additional costs will be necessary to transfer and replace equipment on the replacement Fire Marshall vehicle and that is the basis for this claim.
This claim cost will be an amount not to exceed $60,918.00.
Funding for the payment of this settlement is available in the budget for claims expense in the Central Insurance Fund.
APPROPRIATION CODE AND AMOUNT:
Funds are available in cost code 590-07000-545900-519-000 to fund this settlement.