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Item S5 t 4 °0 ° t�. BOARD OF COUNTY COMMISSIONERS County of Monroe Mayor David Rice, District 4 The Florida Keys t ' Mayor Pro Tem Sylvia J. Murphy, District 5 f._ Danny L. Kolhage, District 1 4.. " George Neugent, District 2 Heather Carruthers, District 3 County Commission Meeting October 17, 2018 Agenda Item Summary #4854 COUNT'I' ATTORNEY 71DD., YMY OF_:MEETING IFA 5t117, ..WILL BE _ADD ON_LT_ _ _ _.., E'1VI S 54� BULK ITEM: Yes DEPARTMENT: County Attorney's Office TIME APPROXIMATE: STAFF CONTACT: Pedro Mercado (3035) 292 - 3470 no AGENDA ITEM WORDING: Authorization for Mayor to endorse insurance proceeds check from Citizens Property Insurance to Key West International Hangar Association. ITEM BACKGROUND: The Key West International Airport Hangar Association (Association) is one of the tenants at the Key West International Airport (Airport). The Association leased land at the Airport from the County in order to construct private hangars. Pursuant to the terms of the Association's lease, the Association maintains property insurance, including flood and windstorm on the hangars, with Monroe County named as additional insured. Those hangars were damaged by Hurricane Irma. The County's insurance adjuster, Goldman - Gable - Gould/Adjusters International (GGG /AI), assisted the Association in filing its claim. The claim recently settled. Citizens issued a joint check listing GGG /AI, the BOCC, and the Association as joint payees. GGG /AI has already endorsed the check. The Mayor needs to endorse the check on behalf the County in order to release the insurance proceeds in order for the Association to complete repairs. The responsibility for the repairs of the hangars lie solely with the Association. Other than endorsing the check, the County has no obligation to repair the hangars. Approval of the item would authorize the Mayor to endorse the check on behalf of the County. PREVIOUS RELEVANT BOCC ACTION: None CONTRACT /AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: Insurance Settlement Invoice FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: Additional Details: REVIEWED BY: Bob Shillinger Completed 10/15/2018 4:16 PM Maria Slavik Completed 10/16/2018 7:37 AM Kathy Peters Completed 10/16/2018 11:10 AM Board of County Commissioners Pending 10/17/2018 9:00 AM i GOODMAN- GABLE -GOULD /ADJUSTERS INTERNATIONAL ssd 6767 NORTH WICKHA 9 ROAD, SUITE 501 MELBOURNE, FLORIDA 32940 (321) 255 -1434 FAX (321) 255.1142 April 10, 2018 Updated October 11, 2018 Mr. Eddie Cabrera Key West International Hangar Assoc., Inc. 3471 S. Roosevelt Blvd Key West, FL 33040 RE: Key West International Hangar Assoc., Inc. 3470 & 3471 S. Roosevelt Blvd Key West, FL 33040 Date of Loss: 9/10/2017 - WIND STORM For services rendered in the adjustment of the above- referenced loss: Commissions Due (Building) $494,981.69 x 7% $ 34.648. PC /mm File No.: 70306E