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HomeMy WebLinkAboutMemo - Office of the City AttorneyCITY OF MIAMI OFFICE OF THE CITY ATTORNEY MEMORANDUM TO: Honorable Mayor and Memb f t e Cityfof nission FROM: Victoria Mendez, City Attorne DATE: September 12, 2014 RE: Proposed Settlement for City Commission Meeting — September 29, 2014 First National Insurance Company of America v. City of Miami United States District Court, Case No. 14-20606-CIV-WILLIAMS File ID No. 14-00906 The attached proposed Resolution seeks authorization for settlement of all claims against the City of Miami in the above -referenced case, in the amount of $364,518.15. This action was brought by First National Insurance Company of America as surety for a defaulting contractor for contract proceeds due after completion of the project. The Office of the City Attorney has investigated and evaluated this case and has approved the recommendation of this settlement. Funds, in the amount of $364,518.15 are available from Account No. 38000.401000.670000.0000.00000.40- B 5 0672.1431.02. Construction.401000. VM/HJ I/tpr r►t'b° Attachment(s) cc: Daniel J. Alfonso, City Manager Julia D. Hernandez, Agenda Coordinator 483592