11/20/2019 Agreement �-7'";-. ' Kevin Madok, CPA
. Clerk of the Circuit Court& Comptroller— Monroe County, Florida
•
DATE: November 26, 2019
TO: Maria Slavik, Administrator
Risk Management
1
FROM: Pamela G. Hanco(' .C.
SUBJECT: November 20th BOCC Meeting
Attached is an electronic copy of the following item for your handling:
G16 Memorandum of Understanding between Monroe County Board of County
Commissioners and American Alternative Insurance Corporation, accepting$395,557.74 as final;
and final payment for repair of forty-two emergency vehicles damaged as a result of Hurricane
Irma, under the County's VFIS policy.
Should you have any questions, please feel free to contact me at(305) 292-3550.
cc: County Attorney
Finance
File
KEY WEST MARATHON PLANTATION KEY PK/ROTH BUILDING
500 Whitehead Street 3117 Overseas Highway 88820 Overseas Highway 50 High Point Road
Key West,Florida 33040 Marathon,Florida 33050 Plantation Key,Florida 33070 Plantation Key,Florida 330'
305-294-4641 305-289-6027 305-852-7145 305-852-7145
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Memorandum of Understanding ®c- cc)
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This Memorandum of Understanding is entered into between The Monroe Cou}ity Baird c$
County Commissioners arid American Alternative Insurance Corporation(AAIC): ;, =t. t` •,
1. WHEREAS,The Monroe County Board of County Commissioners filed Claim Numgr
FLCM217090960 pursuant to Policy Number VFISCM1055309-09 with AAIC for wind and
flood damage to forty two(42)vehicles during Hurricane Irma on or about September 10, 2017;
and
WHEREAS,the parties have been investigating in good faith to identify the cost for repair of
the forty two(42)vehicles damage to determine the exact amount owed by AAIC to The Monroe
County Board of County Commissioners for the vehicles loss covered under the above mentioned
policy of insurance; and
WHEREAS,the parties have determined the contribution AAIC will make to The Monroe
County Board of County Commissioners will be$395,557.74.
NOW,THEREFORE, the parties desire to enter into this Memorandum of Understanding to
confirm the terms of the agreement reached regarding the amount AAIC will reimburse The Monroe
County Board of County Commissioners for all vehicular damage.
i
2. AAIC previously paid$355,557.74 to or on behalf of The Monroe County Board of County
Commissioners for repair of all vehicles damaged as a result of Hurricane Irma on or about
September 10, 2017.
3. AAIC will pay to The Monroe County Board of County Commissioners an additional $40,000.00
for repair of all vehicles damaged as a result of Hurricane Irma on or about September 10, 2017.
4. The parties agree that the payments by AAIC,totaling$395,557.74,represent full and final u
payment for repair of all vehicles damaged as a result of Hurricane Irma on or about September 9 , °
10,2017.
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Dated: �uG 20/ e//,, ��
2O `� Signature: L_„:'�"'
Mayor_Heat er Carruthers 1 �,e 3 �A 1„
The Monroe County Board of County Com 4,10.�;rs y\;`�A;a
Dated: I 1 - 6-2.01% Signature: dr..���. $4- k3* 0
Thomas H. McCullough II,Physical Damage G ;e :
Glatfelter Claims Management, Inc./ � 'm'
American Alternative Insurance Corp.
n111ow,OE-OU,JTY ATTORNEY
P.ia� D AS?FO• �= q�t ,
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