HomeMy WebLinkAboutResolution 1990-033
RESOLUTION NO. 90-33
WHEREAS, on or about the 5th day of December, 1988 a utility
employee of the City was responding to a call to a Watauga address and was
involved in an automobile collision on the Denton Highway with one Vada
Rostad who was driving an automobile belonging to a Hazel Downs; and
WHEREAS, Vada Rostad sustained severe personal injuries and the
automobile of Hazel Downs was damaged in the amount of $2,601.00 as a
result of said collision; and
WHEREAS, the City has settled all claims in connection with such
automobile collision and has incurred the following costs in connection
with the claim arising from said collision:
a. $ 2,601.00 - Property Damage to Hazel Downs.
b. $99,950.00 - Personal Injuries to Vada Rostad
c. $ 1,856.25 - Claims Administration Costs to GAB.
d. $ 450.00 - City Court Costs (Est.).
e. $ 5,350.00 - Attorney Fees; and
WHEREAS, the City Council finds that the above costs are direct
expenses attributable to the Watauga portion of the City water and sewer
system.
IT IS, THEREFORE, RESOLVED by the City Council of the City of
North Richland Hills, Texas that:
1.
The above expenditures in settlement of the claims involved in
said collision are hereby approved.
2.
The sum of $55,103.62 is hereby ordered transferred from Account
No. 02-00-00-0186 (Equity-1986 Revenue Bonds) to Account No. 08-00-00-0100
(Equity, Risk Management Fund) and the sum of $55,103.63 in ordered
transferred from Account No. 02-09-00-0100 (Equity Revenue Bonds prior to
1985) to Account No. 08-00-00-0100 (Equity, Risk Management Fund), to pay
the above claims and costs. The City Council finds that a sufficient
surplus exists in said Utility Funds from interest earned on prior bond
sales, to make the above transfers.
RESOLUTION NO. 90-33
Page Two
3.
The Director of Finance is directed to make such transfers and
record such transfers as a direct expense of the Watauga portion of the
water and sewer system of the City.
4.
The total sum of $110,207.25 is authorized to be paid from Account
No. 08-00-00-0100 (Equity, Risk Management Fund) when the transfers from
the Utility Funds have been made.
5.
The Attorney for the City is directed to procure releases from
Vada Rostad and to cause the case styled Vada Rostad versus City of North
Richland Hills (No. 48-126674-90) in the District Court of Tarrant County
to be dismissed with prejudice.
PASSED AND APPROVED this 9th
day of July, 1990.
Mayor
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