Board of Estimate & Contract:
A RESOLUTION AUTHORIZING THE
SETTLEMENT OF THE CLAIM OF
GEICO A/S/O TOI WILLIAMS-LLOYD
WHEREAS, on March 19, 2024, Geico, as subrogee of TOI WILLIAMS-LLOYD, filed a Notice of Claim against the City of Mount Vernon, seeking compensation of $8,547.64 for property damage to a 2020 Grand Jeep Cherokee. The damage allegedly occurred on January 3, 2024, on Hartford Avenue when a DPW pickup truck, driven by a municipal employee, struck Claimant’s legally parked vehicle; and
WHEREAS, on February 26, 2025, a federal lawsuit was initiated against the City of Mount Vernon on behalf of, as subrogee of TOI WILLIAMS-LLOYD; and
WHEREAS, by letter dated May 8, 2025, the Corporation Counsel has recommended that the Board of Estimate & Contract approve the settlement of this claim for $7,000.00; NOW, THEREFORE, BE IT
RESOLVED, that the claim of Geico, as subrogee of TOI WILLIAMS-LLOYD, be settled for $7,000.00, with said settlement hereby approved; and be it further
RESOLVED, that this amount shall be disbursed from Budget Code A1910.469 (Insurance - Claims) in the 2025 Budget.