Broward County Commission Regular Meeting
Director's Name: George Tablack
Department: Finance and Administrative Services Division: Risk Management
Information
Requested Action
title
MOTION TO APPROVE settlement of Claim No. 0512217337 and authorize County Administration to approve applicable settlement documents.
body
Why Action is Necessary
Pursuant to Broward County Code of Ordinances, §1-51.3, the amount of the proposed settlement requires Board approval.
What Action Accomplishes
The claim will be a final settlement, so no further claims can be advanced on this matter.
Goal Related Icon(s)
☐County Commission
☐Go Green
☐MAP Broward
Previous Action Taken
None.
Summary Explanation/Background
THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE RISK MANAGEMENT DIVISION RECOMMEND APPROVAL ON THE ABOVE MOTION.
At approximately 12:14 p.m. on May 12, 2021, the SW 4th Avenue Bridge partially closed on the Claimant’s 150-foot vessel that was under tow by Cape Ann Towing going under the bridge outbound on the New River.
Through negotiations with the Claimant’s attorney, a settlement was reached in the total amount of $200,000. The County Administrator and the County Attorney are both in agreement with the settlement in order to mitigate future financial exposure to the County.
Source of Additional Information
Wayne Fletcher, Director, Risk Management Division 954-357-7203.
Fiscal Impact
Fiscal Impact/Cost Summary
The settlement amount of $200,000 will be funded by the appropriate self-insurance fund at the time of release.