Loading...
Item S5 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY ADD ON Meeting Date: Bulk Item: Yes Feb. 19.2003 No Division: Department: County Attornev County Attorney AGENDA ITEM WORDING: Request to approve final settlement agreement with contractor TJ Builders Corp. on Key Largo Community Park project. ITEM BACKGROUND: In 2002, the County settled litigation brought by TJ Builders Corp. that arose out of the Key Largo Community Park. The sole remaining issue was whether the County owed TJ Builder's any prejudgment interest. Prior to a hearing on this issue before Judge Garcia, County staff negotiated a tentative settlement of this issue wherein the County would pay $36,000 in prejudgment interest. TJ Builders had been seeking in excess of$46,000.00. Modem case law from the Supreme Court and the Third DCA suggests that the County would be liable for the entire amount. Previous case law held that the County was immune from prejudgment interest. PREVIOUS RELEVANT BOCC ACTION: Last year, the Board voted to settle the litigation except for the issue of prejudgment interest. This issue was left to be decided at a later date. CONTRACT/AGREEMENT CHANGES: STAFF RECOMMENDATIONS: Approval of the proposed settlement agreement that is attached. TOTAL COST: $36.000.00 BUDGETED: Yes No COST TO COUNTY: $36.000.00 SOURCE OF FUNDS: REVENUE PRODUCING: Yes No~ AMOUNTPERMONTH_ Year APPROVED BY: County Atty _ DOCUMENTATION: Included OMBlPurchasing _ Risk Management _ ~s To Follow_ Not Required AGENDA ITEM # ~ DIVISION DIRECTOR APPROVAL: DISPOSITION: ...... -.... -.......~ "'""''\.A. ~u.~~ rAA ~Ua~~21511 STEVEN EISENBERG IaJ 002 IN THE CIRCUIT COURT OF THE 16m JUDICIAL CIRCUIT IN AND FOR MONROE COUNTY, FLORIDA GENERAL JURISDICTION DIVISION CASE NO. CAP -00-276 T..J. BUILDERS CORP., Plaintiff v. MONROE COUNTY, Defendant. -, I STIPULATED FINAL SE'ITLEMENT AGREEMENT T.J. Builders Corp. and the Board of County Commissioners of Monroe County, Florida (hereinafter ''the BOCC''), by and through their undersigned attorneys, hereby reach the following settlement agreement in the above captioned matter. 1. The parties hereby settle the sole remaining issue of prejudgment interest by agreeing to a compromise amount of $36,000.00. 2. After execution by TJ B~lders Corp., this stipulation will be brought before the BOCC for final approval. 3. Upon approval by the BOCC, the County will send a check made payable to TJ Builders Corp. in the amount of $36,000.00 to TJ auilders' attorney within 30 days. 4. The parties agree that this Stipulated Final Settlement Agreement resolves all outstanding issues, including prejudgment interest, on TJ Builders Corp.'s claims for final payment and the County's claims for damages, credits, or deductions for the Key Largo Park Project which is the subject of the above captioned matter. 5. Upon receipt of that check, the parties shall exchange general releases and T.J. Builders Corp. will provide Monroe County with a final release of lien and will voluntarily dismiss the above-captioned matter with prejudice. 01/24/2003 FRI 16:43 FAX 3059821511 STEVEN EISENBERG 4 III 003 ... .... _ Cor Robert B. Shillinger, Jr. Assistant County Attorney PO Box 1026 Key West, FL 33041-1026 (305) 292-3470 - Phone (305) 292-3516 - Fax Florida Bar No. 058262 Attorney for the Defendant date 6. The parties agree that the Court will re . juris . settlement agreement until the teJ!ms of sai Eisen rg n F' ial Center 200 Sou Biscayne Blvd., #2420 Miami, FL 33131 (305)579-1274 - Phone (305) 982-1511 - Fax Florida Bar No. 4411 12 Attorney for the Plaintiff