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Resolution 81-16631 RESOLUTION NO. 81-16631 A RESOLUTION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING AN OFFER OF SETTLEMENT FOR ONE HUNDRED THOUSAND DOLLARS ($100 ,000. 00) AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT, RELEASE, PROOF OF LOSS STATEMENT, SUBROGATION RECEIPT OR ANY OTHER LIKE DOCUMENT NECESSARY TO CONCLUDE SAID SETTLEMENT OF ALL CLAIMS AGAINST ST. PAUL FIRE AND MARINE INSUR- ANCE COMPANY FOR WATER DAMAGE TO THE CITY' S SERIES 2700 COMPUTER. WHEREAS, on March 30 , 1981, the City of Miami Beach discovered water damage to its series 2700 computer , and WHEREAS, St. Paul Fire and Marine Insurance Company insured said computer for loss or damage under Policy No. 309JC2487 , and WHEREAS, said insurance company has offered the City One Hundred Thousand Dollars ($100 ,000 . 00) in complete settlement of all claims under said policy for the loss incurred by the City for the damage to its computer , and WHEREAS, the City Manager and City Attorney recommend the acceptance of the above offer of One Hundred Thousand Dollars ($100 ,000. 00) , for the reason that such would be a reasonable, just and equitable settlement of all claims arising from the damage of said computer. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the City Commission accepts the One Hundred Thousand Dollar ($100 ,000. 00) offer of set- tlement of all claims resulting from the March 30 , 1981, discovery of water damage to the City ' s series 2700 computer and authorizes the Mayor and City Clerk to execute an agreement, release, proof of loss statement, subrogation receipt, and any other documents neces- sary in furtherance of this settlement. PASSED and ADOPTED this 15th day of April , 1981. \\\_\N„._ Mayor ATTEST: City Clerk FORM APPROVED E D �t By Date t � ___�.__ c �. rf LTA/mp OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH,FLORIDA 33139 . . eetv 4 7/4.e eead . . P „:x'1,0, FLORIDA 33139 ' . y �, VACA TIONLAND U. S. A. -�-- - - .% OFFICE OF THE CITY MANAGER CITY HALL HAROLD T.TOAL 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. ..6 141 5 DATE: . x.81 TO: Mayor Murray Meyerson and leZers of the City Commission ti -\\h ,) d,�`'L''1.,FROM• / �_ City Manager SUBJECT: CLAIM SETTLEMENT FOR WATER DAMAGED COMPUTER EQUIPMENT AND MEDIA As a result of water damage suffered on March 30, 1981 throughout the southern portion of City Hall, the City of Miami Beach's series 2700 Burroughs computer and media received severe damage. The equipment was insured by Policy No. 309JC2487 by the St. Paul Fire and Marine Insurance Company. St. Paul Fire and Marine Insurance adjusters and specialists, Burroughs representatives, members of the City Administrative and City Attorney's Office staff met to assess the damage, damage reports, and to review the offer of settlement of all claims rising from the damage to the said computer. The amount of the offer was $100,000. After all alternatives were explored, the representatives of the City again reviewed the matter and considered that the offer represented fair terms of settlement. ADMINISTRATION RECOMMENDATION The Administration recommends that the City Commission adopt the attached Resolution to accept the offer of $100,000 as settlement for all claims relating to the water damage sustained by the series 2700 City-owned Burroughs computer. FDC:lb AGENDA ITEM R.....7... D 1 DATE 6" j9/ DE D OR DECEIVE ANY INSURANCE COMPANY FILES A ST 4;: ENT OF CLAIM CONTAINING ANY FALSE, INCOMPLETE Flit NO. OR SLEADING INFORMATION IS GUILTY OF A FELONY OF c:,..:.�. (..\ � - ()LACY �. - ,(r{ ''r-7 . ` 4.1 '"� '. 1Kf SNIRD DEGREE'." �..-- _ 41 3_CA AAA MI OF ►OSI Y A T ME Of to SWORN STATEMENT COMPANY CLAIM N3. IN _. ,r .... DATE' ED 0 Ak.A. `s., tV1,eLS AGENT �,..-- _______:-LAialia_____ PROOF OF Loss L„A uz),v5k (‘ , , i \, , . 1 ---/., _4\42. - DATE "pow AGENCY AT ? 7.7 ( � _______ ______.. ....4....aucififil.... ...- v To the .7-, 1 ` ------ La` J At time of lose,by the above indicated policy of insurance,you insured-- .Alii • c ( i : L .1i L\ _ \,i - ('` � •I / �` against loss by ._._. _. _ __ _..__to the property described according to the terms and conditions of said policy and of all forms, endorsements, trvisfers and assignments attached thereto. &c,C50 '--(4A-- . TIME AND A _ I , _ _ ______.loss eccurre4 about the hour of(' '% o'clock. `..._M., ORIGIN on the 7/1)day of (V`_'' Ver ,. 19(' , the cause an4.origin of tilsaid loss ware• -,. • , c, k�': \v./�ri5►'� '1 -ijr•1..n T ill ,. i A?„ WA,_ ,,,,c) i A , JLIWA '1..� "41'1' -)'62'tV's\CIA4r. C.7 n"‘ rte • -�..-;Y1 "" V" - "i OCCUPANCY The building described, o containing the,property described, was occupied at the time of the loss as follows, and for no other purpose whatever: y. •_ .�:. ..._., __ —. TITLE AND At the time of the loss, the interest of your insured in the property described therein was (Lf INTEREST , , No other person or persons had any interest therein or incumbrance thereon,except• -1 . cp .......... CNAMIEE Since the said policy was issued, there has been not assignment thereof, or change of interest, use, occupancy, psssessiso, lacts- r tion or exposure of the property described,oxcept j.li, ... ._.-------.._._-- TOTAL THE TOTAL AMOUNT OFINSURANCE upon the property described by this policy was, at the time of the loss, INSURANCE $_ 5 ,0 � `, C)C2______, as more particularly specified in the apportionment attached, besides which than, was no policy or other contract of insurance, written or oral, valid or invalid. YALNx THE ACTUAL CASH VALUE of said property at the time of the lass was GO, • LOSS THE WHOLE LOSS AND DAMAGE w s — oQ-- --— - - it\cf.-Y-'ae(-1/,,et,u12-0,:avgj,., THE AMOUNT CLAIMED under the above numbered policy is $ !GO,C 1� `0 ��0 A'> +�IT CLAIMED THE !$T1 The said loss did not originate by any act, design or procurement on the part of your insured, or this affiant; nothing %TAT�M OF INSUREDENThas been done by or with the privity or consent of your insured or this affiant, to violate the conditions of the policy, or render it void; no articles are mentioned herein or in annexed schedules but such as were destroyed or damaged at the time of said loss; no property saved has in any manner been concealed, and no attempt to deceive the said company, as to the extent of said loss, has in any manner been made. Any other information that may be required will be fur- nished and considered a part of this proof. The Iwnl.bing et MIs blank or the preparation et proofs by a representative of the above Insurance company Is net a waiver of any of Its rights. /0P/00 ' Ci r'r 0 F ill?/ 09 771 / 6 C/9 /) 17-z4/e/d4 Stats of i .,-) \J\I Como ty o f_____P_AM.---•-- ________ \\/\ _____Py_ . ' ;,- . .. - n sworn to before me this. -- /. �L _ _- dayof I Ad L 19_.. Se+bscnbed and eh,c4Ki • (111 SUBROGATION RECEA <4.. c) RECEIVED OF THE �, _ �F,,�C_- _ l e-- _ INSURANCE CO., �; �, s ; -t Dollars 0 the sum o t ✓_ # �' _ �$�R_. _ ) in full settlement of all claims and demands of the undersigned for loss and damage by _ f\P-310 ccurring on the ____^ day of_ _ A.D. 19_L-__, to the property described in C 1 =� __–_ Agency of said�o,.,� �' ___ issued through the �,-� � LOCia�_ � �, y Company. In consideration of and to the extent of said payment the undersigned hereby subrogates said Insurance Com- pany, to all of the rights, claims and interest which the undersigned may have against any person or corporation liable for the loss mentioned above, and authorizes the said Insurance Company to sue, compromise or settle in the undersigned's name or otherwise all such claims and to execute and sign releases and acquittances and endorse checks or drafts given in settlement of such claims in the name of the undersigned, with the same force and effect as if the undersigned executed or endorsed them. Warranted no settlement has been made by the undersigned with any person or corporation against whom a claim may lie,and no release has been given to anyone responsible for the loss,and that no such settlement will be made nor release given by the undersigned without the written consent of the said Insurance Company and the under- signed covenants and agrees to cooperate fully with said Insurance Company in the prosecution of such claims, and to procure and furnish all papers and documents necessary in such proceedings and to attend court and testify if the Insurance Company deems such to be necessary but it is understood the undersigned is to be saved harmless from costs in such proceedings. we ha pt, hereto set 0'J ti hand$ and seal this 7 t✓� In Witness Whereof_�.� _r _ _ day of_ — 19gi —_ WITNESS: ` _9_22-1,e_ i caw.,337 .. . . • 8Y • 11111W ..??? •FFIC ER (Notarization to be completed on losses where local law requires it.) FOR INDIVIDUALS FOR CORPORATIONS STATE OF STATE OF SS: SS: COUNTY OF COUNTY OF ON THE _DAY OF__ , 19-�_--. ON THE _---DAY Or BEFORE ME CAME BEFORE ME CAME TO ME KNOWN TO BE THE INDIVIDUAL DESCRIBED IN, TO ME KNOWN, WHO, BEING BY ME DULY SWORN, DID AND WHO EXECUTED, THE FOREGOING INSTRUMENT, AND DEPOSE AND SAY THAT HE RESIDES IN _—_ ; • THAT HE IS THE _____—________ _ OF ACKNOWLEDGED T riA i EXECUTED THE SAME. THE CORPORATION DESCRIBED IN, AND WHICH EXECUTED, THE FOREGOING INSTRUMENT; THAT HE KNOWS THE SEAL Or SAID COR- PORATION;THAT THE SEAL AFFIXED TO SAID INSTRUMENT IS SUCH CORPORATE SEAL; THAT IT WAS SO AFFIXED BY ORDER OF THE BOARD OF DIRECTORS OF SAID CORPORA- TION; AND THAT HE SIGNED H NAME THERETO BY LIKE ORDER. Form 729 1 t GLOBE ADJUSTMENT CO. 12400 WEST DIXIE HIGHWAY NORTH MIAMI, FLORIDA 33161 TELEPHONE 895-1480 895-1481 B R OWAR D 522-1022 April 8 , 1981 CITY OF MIAMI BEACH 1700 Convention Center Miami Beach, Florida 33140 Attention: Ms. Rita Martell RE: Our File No. : 81-26857 Policy No. : 309 JC 2487 --- St. Paul Fire & Marine Ins. Co. Agency : Lon Worth Crow Insurance Agency Water Damage : Discovered March 30 , 1981 Dear Ms . Martell : In reference to the above captioned claim, it is imperative that the one-half inch copper pipe fitting be preserved as evidence for subrogation purposes, in behalf of the St. Paul Fire and Marine Insurance Company. Also, the Burroughs B2800 Processor, Serial No. B29127001 is the property of the Burroughs Corporation and not covered by the above referenced policy. Very truly yours, GLOBE ADJUSTMENT COMPANY Scott P. Imber SPI :j rm cc : St. Paul Fire & Marine Ins . Co. s 0 t v ,. GLOBE ADJUSTMENT CO. 12400 WEST DIXIE HIGHWAY NORTH MIAMI, FLORIDA 33161 TELEPHONE 895-1480 895-1481 BROVWARD 522-1022 April 8, 1981 CITY OF MIAMI BEACH 1700 Convention Center Miami Beach, Florida 33140 Attention: Ms. Rita Martell RE: Our File No. : 81-26857 Policy No. : 309 JC 2487 -- St. Paul Fire & Marine Ins . Co. Agency : Lon Worth Crow Insurance Agency Water Damage : Discovered March 30, 1981 Dear Ms . Martell : Enclosed please find a "Proof of Loss" and "Subrogation Receipt" to be properly executed and returned in the enclosed envelope. Total settlement is in the amount of $100 , 000. 00 based on: 1. ) $6 , 000 . 00 policy limit for data and media coverage. 2 . ) Twenty (20) days business interruption coverage based on $500 . 00 per day for a net amount of $10 , 000. 00 . 3. ) Repair and/or replacement, including extra expense coverage - of the City of Miami Beach' s equipment in the amount of $84 , 000 . 00 . If there are any questions, please do not hesitate to advise. Very truly yours, GLOBE ADJUSTMENT COMPA y ,il. j r Scott P. Imber � ' ,/g- Adz uster ./ / (---7,,s c_,,,,,..,.. ... , Car11�'J. Hail Claim Manager SPI :jrm • Enclosures cc : St. Paul Fire & Marine Ins. Co. ORIGINAL RESOLUTION NO. 81-16631 1111111111111111111 (Accepting offer of $100,000 settlement. and authorizing Mayor/City Clk. to exe- cute an agreement,release,proof of loss statement, subrogation receipt or any like document necessary to conclude said settlement of all claims against St.Paul Fire and Marine Insurance Co. for water damage to City's Series 2700 Computer) • •