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HomeMy WebLinkAboutR-74-0118Rt'1SOLtJTION so. _ `' `! owA+ A RESOLUTION AUTHORIZING THE DIRECTOR OP FINANCE TO PAY TO NAT HARRISON ASSOCIATES, INC. WITHOUT THE ADMISSION OF LIABILITY, THE SUM OF $9,188.99 IN FULL SETTLEMENT OF ITS CLAIM AGAINST THE CITY OF MIAMI FOR VANDALISM ON THE MIAMARINA PROJECT, UPON THE EXECU- TION OF A RELEASE AND SATISFACTION OF JUDGMENT RELEASING THE CITY OF MIAMI FROM ALL CLAIMS AND DEMANDS AS TO THE VANDALISM CLAIM HEREIN ONLY. WHEREAS, the Plaintiff, NAT HARRISON ASSOCIATES, INC., filed a claim against the City of Miami in February of 1971, claiming, among other items, vandalism on the project at the Miamarina; and WHEREAS, in the course of this litigation, it became evident.: that the City of Miami had no defense to the vandal- ism claim herein in that the City had failed to provide insurance coverage as to the vandalism on the project, as required by the written contract between the parties; and WHEREAS, subsequently, Trial counsel agreed it would serve the best interests of the City to remove that issue from the cause and to consent to judgment in the principal sum of $7,657.49 together with statutory six percent (6%) interest thereon from October 1, 1970 through February 1, 1974, amount- ing to $1,531.50, totalling $9,188.99; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. That the Director of Finance be and he is hereby directed to pay to NAT HARRISON ASSOCIATES, INC., without the admission of liability, the sum of $9,188.99 in full settlement of its claim against the City of Miami for vandalism on the Miamarina project, upon the execution of a release and satisfaction of judgment releasing the City of Miami from all claims and demands as to the vandalism claim herein only. PASSED AND ADOPTED this day of d Q 71974. PREPARED AND APPROVED BY: Montane Rosenberg, Asst. City Attorney \ APPROVED AS TO FORM AND CORRECTNESS: ohn S. Lloyd, City A ;•rney tLl •p% V Ci k i�� � 1 ti_I LEli. - 2 CITY COMMISSION 4rr' i„ FEB281974 RESOLUTKIN No 7 .112 MAWS: KS: •.....,.