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HomeMy WebLinkAboutR-14-0379City of Miami Legislation Resolution: R-14-0379 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00906 Final Action Date: 9/29/2014 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE DIRECTOR OF FINANCE TO PAY FIRST NATIONAL INSURANCE COMPANY OF AMERICA, WITHOUT ADMISSION OF LIABILITY, THE TOTAL SUM OF $364,518.15 IN FULL AND COMPLETE SETTLEMENT OF ANY AND ALL CLAIMS AND DEMANDS AGAINST THE CITY OF MIAMI, ITS OFFICERS, AGENTS AND SERVANTS, IN THE CASE OF FIRST NATIONAL INSURANCE COMPANY OF AMERICA V. CITY OF MIAMI, FLORIDA, UNITED STATES DISTRICT COURT IN THE SOUTHERN DISTRICT OF FLORIDA, CASE NO. 14-20606-CIV-WILLIAMS, UPON EXECUTION OF A SETTLEMENT AGREEMENT INCLUDING MUTUAL RELEASES FIRST NATIONAL COMPANY AND OF THE CITY OF MIAMI, ITS PRESENT AND FORMER OFFICERS, AGENTS, AND EMPLOYEES FROM ANY AND ALL CLAIMS AND DEMANDS; ALLOCATING FUNDS FROM ACCOUNT NO. 38000.401000.670000.0000.00000.40-B50672.1431.02.CONSTRUCTION.401000; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE A MUTUAL SETTLEMENT AGREEMENT AND RELEASE, IN SUBSTANTIALLY THE ATTACHED FORM, TO EFFECTUATE THE SETTLEMENT. WHEREAS, APAC Group, Inc. ("APAC") and the City of Miami ("City") entered into the Project Contract, for APAC to construct a project known as the Belle Meade Storm Sewer Phase II/Horizontal Construction "A" project in Miami, Florida ("Project"); and WHEREAS, APAC requested from First National Insurance Company of America ("First National") a payment and performance bond for its work on the Project; and WHEREAS, First National required APAC and Faustin Denis, Jr. ("Indemnitors"), as a condition precedent to issuing any bonds, to execute an Indemnity Agreement in favor of First National; and WHEREAS, on or around January 18, 2008, the Indemnitors executed the Indemnity Agreement in favor of First National, and therein assigned to First National, in the event of APAC default, its rights to all contracts and monies due or to become due to APAC pursuant to any contract, including the Project Contract; and WHEREAS, First National issued Payment/Performance Bond No. 6425623, naming APAC as principal and the City as Obligee ("Bond"); and WHEREAS, APAC defaulted under the Indemnity Agreement because (1) APAC failed to pay subcontractors on the Project and (2) failed to perform under the Indemnity Agreement by failing to indemnify First National for the debts it incurred due to issuing the Bond; and WHEREAS, on or around December 3, 2010, in a First National indemnity lawsuit against the Indemnitors (First National Insurance Company of America v. APAC Group, Inc., Case No. 10- City of Miami Page 1 of 3 File Id: 14-00906 (Version: 1) Printed On: 1/12/2018 File Number: 14-00906 Enactment Number: R-14-0379 23258-CIV-UNGARO (S.D. Fla. 2010)), the United States District Court for the Southern District of Florida entered Final Judgment in favor of First National and against the Indemnitors, jointly and severally, in the amount of $540,805.28; and WHEREAS, to date, the Indemnitors have not paid First National any portion of the Final Judgment; and WHEREAS, on or around February 18, 2014, First National sued the City seeking $398,037.28 in contract balances ("Contract Balances") it alleged the City was retaining, that were due and owing to First National (First National Insurance Company of America v. City of Miami, Florida, Case No. 14- 20606-CIV-WILLIAMS (S.D. Fla. 2014)("Federal Litigation"); and WHEREAS, the City alleged entitlement to certain backcharges for work not completed or improperly completed by APAC; and WHEREAS, the parties agree that any unpaid Project contract balances, up to $540,805.28, are due and owing to First National, not APAC, under the assignment provision of the Indemnity Agreement, and the Final Judgment; and WHEREAS, the parties agree that Project construction is complete; and WHEREAS, the parties agree that after credit for all backcharges, the amount due under the contract with APAC to First National is $364,518.15; and WHEREAS, without any admission of liability, the parties wish to resolve the Federal Litigation; and WHEREAS, the Office of the City Attorney has investigated this claim and lawsuit pursuant to Sections 18-221 through 18-232 of the Code of the City of Miami, Florida, as amended, and recommends that said claim and lawsuit be settled for the sum of $364,518.15; 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 fully set forth in this Section. Section 2. The Director of Finance is authorized to pay First National without admission of liability, the sum of $364,518.15 in full and complete settlement of any and all claims and demands against the City, its officers, agents and servants, in the case of First National Insurance Company of America v. City of Miami, Florida, United States District Court in the Southern District of Florida, Case No. 14- 20606-CIV-WILLIAMS, upon executing a settlement including mutual releases of First National and of the City, its present and former officers, agents, and employees from any and all claims and demands, with funds allocated from Account No. 38000.401000.670000.0000.00000.40-B50672.1431.02.Construction.401000. Section 3. The City Manager is further authorized{1} to execute a Mutual Settlement Agreement and Release, in substantially the attached form, to effectuate the settlement. City ofMiami Page 2 of 3 File Id: 14-00906 (Version: 1) Printed On: 1/12/2018 File Number: 14-00906 Enactment Number: R-14-0379 Section 4. This Resolution shall become effective immediately upon its adoption and signature of 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 (10) 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 3 of 3 File Id: 14-00906 (Version: 1) Printed On: 1/12/2018