HomeMy WebLinkAbout24-2526ORDINANCE NO. 24-2526
AN ORDINANCE APPROVING AN INSURANCE CLAIM PAYMENT FROM FM
AFFILIATED INSURANCE COMPANY FOR DAMAGE TO PROPERTY LOCATED AT 1 100
SOUTH MAYHILL ROAD, AND AUTHORIZING THE CITY MANAGER, OR HER
DESIGNEE, TO EXECUTE THE SAME; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, on July 17,2024, a power screen (model Phoenix 3300) covered by the city’s
property insurance policy in operation for beneficial reuse at the Pecan Creek Water Reclamation
Plant was deemed a total loss when the equipment caught fire; and
WHEREAS the parties have negotiated a payment in the amount of $492.609.17 to fully
settle and satisfy all disputes related to City’s claim and insurance payment; and
NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDA[NS:
SECTION 1. The recitations contained in the preamble of this ordinance are incorporated
herein by reference.
SECTION 2. The City Council approves and authorizes an insurance claim payment in
the amount of $492,609.17 for fire damage caused to the power screen (model Phoenix 3300) and
authorizes the City Manager, or her designee, and the City’s attorneys, to act on the City’s behalf
in approving and executing any and all documents necessary or appropriate to effectuate the terms
for receipt of the insurance payment, and to take other actions necessary to complete related claim.
SECTION 3. This Ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this Ordinance was made by Brian Beck and seconded by
Brandon Chase McGee. This Ordinance was passed and approved by the following vote [ 7 - 0 ]:
Aye
X
X
X
X
X
X
X
Nay Abstain Absent
Mayor Gerard Hudspeth:
Vicki Byrd, District 1 :
Brian Beck, District 2:
Paul Meltzer, District 3 :
Joe Holland, District 4:
Brandon Chase McGee, At Large Place 5:
Jill Jester, At Large Place 6:
PASSED AND APPROVED this the 7th day of January, 2025 .
SPETH. MAYOR
ATTEST:
LAUREN THODEN, CITY SECRETARY
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BY:
APPROVED AS TO LEGAL FORM:
MACK REINW AND, CITY ATTORNEY
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