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Item W13 BOARD OF COUNTY COMMISSIONERS Agenda Item Summary Meeting Date July 15, 2003 Division County Attorney AGENDA ITEM WORDING Approval of Settlement Agreement of Rovel Construction Co. v. Monroe County with a final payment to Rovel of $267,500. ITEM BACKGROUND Rovel sued the county for damages in the amount of $1.4 million related to delays resulting in extra costs and lost profits, alleging the County was at fault. Mediation held on June 30, 2003 established a settlement figure of $267,500 for all claims against the County, subject to approval by the BOCC. The settlement amount includes the money due Rovel and previously withheld by the County in the amount of $215,000. PREVIOUS RELEVANT BOCC ACTION Approved Rovel contract. CONTRACT I AGREEMENT CHANGES STAFF RECOMMENDATIONS Approval. TOTAL COST BUDGETED Yes No COST TO COUNTY SOURCE OF FUNDS APPROVED BY: County Attorney _ OMB/Purchasing 0 Risk Management 0 DIVISION DIRECTOR APPROVAL: (l o~ --, JOHN R. COLUNS DOCUMENTATION: Included 0 To Follow 0 Not Required 0 AGENDA ITEM # WJJ JUI-UI-'UU~ I~:'I From-UONROE COUNTY ENGINERING +3052954321 T-197 P,OOI/OOI F-277 ROVEL CONSTRUcnON, me. Plaintiff, JNTHE CIRCUIT COURT OFTHB 16TI1 JUDlOAL CIRCU1T IN AND FOR MONROE OOUNlY, FIDRIDA CASE NO. CA-K-()2-269 -vs- REPORT OF COURT ORDERED MEDIATION MONROE COUNTY, FLOlUDA, Defendant, l A mediation hearing was held on June 301 20031 in tile above styled case. Mediator, David P. Kirwan, conduded the proceedings. All parties were present A complete agreement was reached. A summary of the agreement reached between the parties is as follows; Defendant Monroe County, shall pay the sum of $267,500.00 to Plaintiff. This case shall be dismissed with prejudice and the parties shall execute mutual general ~1e9~. Each party shall bear its own a.ttorney's fees and casts. This agreement is inmnded to finally resolve all dispu1es between tile parties. This' agteement is contingent upon approval by the BoanI of Count:Y Commissioners of Monroe CounIf, Florida and Ravel Construction providing all final releases and after contract dose-out documentation required by Monroe County. ~~ ~A~ Robert A. Hin Attorney for Plaintiff }J. b(llb'- Co"*, Defendant ~ Attonley for Defendant RBCEIVED JUN 3 0 2003 /l fi-'1