DATE: January 30, 2020
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Shauna Billingsley, City Attorney
SUBJECT:
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Consideration Of COF Contract No. 2020-0020 Settlement Agreement And Final Release Of Claims For Sidewalk Repair On Werthan Circle. (WS 2/25/20)
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Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning COF Contract No. 2020-0020 Settlement Agreement And Final Release Of Claims, in which the City confirms that a minor sidewalk repair made on Werthan Circle met the City’s satisfaction and which authorizes the insurance company to make payment of $4,000 to the vendor for the repair.
Background
On September 10, 2019, Signs, Inc. caused damage to the sidewalk at 108 Werthan Circle while installing a sign for Metro Self Storage. The City required the sidewalk to be repaired, and Signs, Inc. hired M.A.Y. Construction to do the work. Tri-State Insurance of Minnesota is Signs, Inc.’s insurance carrier. Tri-State Insurance requires a release be signed stating that the work was satisfactory to close out the claim for payment to M.A.Y. Construction. City staff inspected the repaired sidewalk as part of a Right-Of-Way inspection and was satisfied that the repair work was completed to City specifications.
Financial Impact
There is no financial impact to the City.
Recommendation
Staff recommends approval of COF Contract No. 2020-0020.