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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING A SETTLEMENT AGREEMENT AND AUTHORIZING COUNSEL TO EXECUTE ANY ADDITIONAL DOCUMENTS RELATING TO THE SETTLEMENT OF THE PENDING WORKERS' COMPENSATION CLAIM BY JOHN POAG, JR.; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $250,000.00, $145,000 of this amount will be reimbursed by AmeriTrust, the City’s excess carrier)
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(Staff Contact: Cindy Lawrence/Bobby Bush)
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Summary Explanation/Background:
At the directive of AmeriTrust, the City’s excess carrier, the City’s defense firm reached a tentative settlement, subject to the necessary approvals, inclusive of attorney’s fees and costs at the Private Mediation in the matter of John Poag v. City of Pompano Beach, for date of accident 7/19/2012. For details, please see the department memo within the attachments.
Origin of request for this action: Human Resources/Risk Management Department
Fiscal impact and source of funding: $250,000.00 from Risk Management General Fund fund balance with the attached budget adjustment. $145,000 of this amount will be reimbursed by AmeriTrust, the City’s excess carrier.
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