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HomeMy WebLinkAboutR-11-0408City of Miami Legislation Resolution: R-11-0408 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00858 Final Action Date: 10/13/2011 A RESOLUTION OF THE MIAMI CITY COMMISSION ACCEPTING A PAYMENT TO THE CITY OF MIAMI, IN THE AMOUNT OF $55,000, IN SETTLEMENT OF ALL CLAIMS AND DEMANDS AGAINST NAVIGATORS MANAGEMENT COMPANY, INC., D/B/A NAVIGATORS INSURANCE CO., AS SURETY FOR ONE CROW, INC., AND DIRECTING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO EFFECTUATE THE SETTLEMENT. WHEREAS, in 2004 the City of Miami ("City") accepted the bid of One Crow, Inc., as the general contractor for the Overtown Storm Sewer Pump Station Rehabilitation Project, No. B-5650D; and WHEREAS, Navigators Management Co., Inc., d/b/a Navigators Insurance Co., provided the payment and performance bond for One Crow, Inc., as required for Project, No. B-5650D; and WHEREAS, in 2008 One Crow, Inc., defaulted under the contract for Project, No. B-5650; and WHEREAS, One Crow, Inc., is a dissolved Florida corporation; and WHEREAS, the City's construction management consultant certified that Project, No. B-5650D was 96% complete; and WHEREAS, Navigators Management Company, Inc., d/b/a Navigators Insurance Co., has offered to settle the City's claim against the payment and performance bond for $55,000 dollars; and WHEREAS payment in the amount of $55,000 to the City, in settlement of all claims and demands against Navigators Management Company, Inc., d/b/a Navigators Insurance Co., has been evaluated by the City Attorney and is recommended for approval by the City Attorney; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. Payment to the City, in the amount of Fifty Thousand Dollars ($55,000), in full settlement of the claims and demands against Navigators Management Company, Inc., d/b/a Navigators Insurance Co., as surety for One Crow, Inc., for Project No. B-5650D, is accepted. Section 3. The City Manager is authorized{1} to execute all necessary documents, in a form acceptable to the City Attorney, to effectuate the Settlement. Section 4. This Resolution shall become effective immediately upon its adoption and signature of City of Miami Page 1 of 2 File Id: 11-00858 (Version: 1) Printed On: 10/19/2017 File Number: 11-00858 Enactment Number: R-11-0408 the Mayor.{2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 11-00858 (Version: 1) Printed On: 10/19/2017