File #: TMP -1264    Version: 1
Type: Settlements Status: Adopted
File created: 3/14/2025 In control: Board of Estimate & Contract
On agenda: 3/18/2025 Final action: 4/1/2025
Title: Settlement of the Claim of Geico General Insurance Company a/s/o Nelcida Armand - ($15,000)
Attachments: 1. SETTLEMENT RESOLUTION FOR PROPERTY DAMAGE - GEICO GENERAL INSURANCE COMPANY aso NELCIDA ARMAND - (2014 LEXIS RX 350) -
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Board of Estimate & Contract:

 

A RESOLUTION AUTHORIZING THE

SETTLEMENT OF THE CLAIM OF

GEICO GENERAL INSURANCE COMPANY

A/S/O NELCIDA ARMAND

WHEREAS, on September 27, 2021, Geico General Insurance Company a/s/o Nelcida Armand filed a Notice of Claim against the City of Mount Vernon, seeking $21,617.59 in compensation for property damage to her 2014 Lexus RX 350.  The damage allegedly occurred on January 5, 2018, at the intersection of East 3rd Street and Franklin Avenue between the plaintiff and a City employee; and

WHEREAS, by letter dated March 14, 2025, the Corporation Counsel has recommended that the Board of Estimate & Contract approve the settlement of this claim for $15,000.00; NOW, THEREFORE, BE IT

RESOLVED, that the claim of Geico General Insurance Company a/s/o Nelcida Armand be settled for $15,000.00, with said settlement hereby approved; and be it further

RESOLVED, that this sum shall be paid from Budget Code A1910.469 (Insurance - Claims) in the 2025 Budget.