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HomeMy WebLinkAboutCover MemoCITY OF MIAMI OFFICE OF THE CITY ATTORNEY MEM ORANDUM TO: Honorable Mayond Members of the City Commission FROM: Jorge L. Fernandity Attorney ; r DATE: January 28, 2008� RE: Proposed Resolution for City Commission Meeting — February 14, 2008 Lawrence Krantz vs. City of Miami (File No. 08-00123) The attached proposed Resolution seeks authorization for settlement of all claims against the City of Miami by the above claimant, in the amount of $116,245, excluding permanent total disability benefits. In addition, the City will transfer the responsibility of permanent total disability to a third party payor by purchasing an annuity to cover this benefit. The cost of the annuity to cover lifetime permanent total benefits is approximately $47,000. These workers' compensation actions were brought by Lawrence Krantz, a former City of Miami police officer, for injuries Mr. Krantz sustained in the course and scope of his employment with the City of Miami. The Office of the City Attorney has investigated and evaluated his claim and dates of accident and has approved the recommendation of this settlement. Funds in the amount of $116,245 are available from the Self -Insurance and Insurance Trust Fund, Index Code No. 05002.301001.524000.0000.00000. Attachment(s) cc: Pedro G. Hernandez, City Manager Elvi Gallastegui, Agenda Coordinator 105871