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HomeMy WebLinkAbout2006-151S \Our I CUu nes\O dinauccs\Wkalvm mlea a doc ORDINANCE NO. ,Z006-16 1 AN ORDINANCE AUTHORIZING THE RISK MANAGER TO EXECUTE A RELEASE OF CLAIMS ON BEHALF OF THE CITY OF DENTON, TEXAS REGARDING A CLAIM AGAINST CALVERT PAVING FOR DAMAGE CAUSED TO CITY OF DENTON PROP- ERTY; AND PROVIDING AN EFFECTIVE DATE. THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS: SECTION 1. The Risk Manager is hereby authorized to execute a release of claims on behalf of the City of Denton regarding a claim against Calvert Paving for damage to City owned property. SECTION 2. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the day of dwz& 2006. PERK . McNEILL, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: lkto'( ¢� APPR VED A O LEGAL FORM: Property Claims Services, Inc. 9 13612 Midway Road, Suite 220 • Dallas, Texas 75244 (972) 661-1535 • Fax (972) 458-1762 E-mails pa@pcsarxas.nec scoff. oayneftityofdenton. com May 18, 2006 Dear Mr. Payne: il As discussed, I am forwarding a Release of All Claims which needs to be signed, notarized, and returned to me by fax or email. If you prefer fax, my fax number is 972.458.1762. Upon receipt of the executed Release, it will be forwarded to EMC Insurance Companies, and payment will promptly be sent to the address provided in your email of May 16, 2006. If you have any questions, please do not hesitate to contact me; otherwise, I appreciate your assistance in this matter. Sincerely, Joel Dahivig, Adjuster cc: EMC Insurance Companies JD/mh s:lcalvert.wpd Property Loss Specialists RELEASE Me City of Denton in consideratlon of the payment of Fifty -One Thousand, Six Hundred Ninety -Six and 76/100 --- — ----- — Dollars ($ 51,696.76 ) hereby release and forever discharge Calvert Paving Corporation, Ed Calvert, Albert Roberson, and EMC Insurance Companies from any and all claims whatsoever arising from an accident, occurrence or loss on or about February 22, 2006 at or near 1800 Fort Worth Drive Q Daniels Street It Is expressly agreed that this release and payment of said sum Is not to be construed as an admission of liability. This is a full and final release and satisfaction of all claims. Signed this day of 20 X 1 Witness: State of SS County of On this day of 20 _personally appeared to me personally known to be the signer(s) of the above release and acknowledged that voluntarily executed this release for the uses and purposes therein set forth. SEAL Notary Public INSURED: Calvert Paving Construction CLAIMANT: City of Denton LOSS DATE: 02-22-2006 PCS FILE NO.: 51621 LOSS SUMMARY Replace Signals/Equipment at Fort Worth Ave. & Daniel St In Denton, TX Loss as Determined: Material Cost/Emergency Clean Up City of Denton $32.635.26 Miscellaneous Materials/Labor to Install Durable Specialty 21,311 50 Cost of Repairs $53,946.76 Nonrecoverable Depreciation: Cabinet Assembly/Controller 2f2. 50.00) Actual Cash Value Claim Loss & Claim JD/mh s:lcalvert.xls Loss $53,946.76 Claim $51,696.76 $53,946.76 $511696.76 PROPERTY CLAIMS SERVICES, INC. Joel Dahlvig, Adjuster