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HomeMy WebLinkAboutItem #06 Mercon Construction's Offer to Judgment/Proposal for Settlement SHUFFIELDLOWMAN 4447% ATTORNEYS AND ADVISORS AGENDA ITEM COVER SHEET Meeting Date: June 5, 2012 Item # Reviewed By: Contact Name: Scott A. Cookson, Department Director: Scott A. Cookson, City Attorney City Attorney Contact Number: 407 - 581 -9715 City Manager: Rob Frank Subject: Mercon Construction's Offer of Judgment/Proposal for Settlement Background Summary: In the City's ongoing lawsuit with Mercon Construction Company ( "Mercon "), Mercon recently offered to settle the litigation with the payment from Mercon to the City in the amount of $15,000. In the event the City Commission wishes to accept the offer, or if one or more members of the City Commission desires to further discuss the offer, such discussion would take place in a closed session of the City Commission on a date to be scheduled. Issue: Should the City Commission reject the settlement offer from Mercon in the amount of $15,000? Recommendations Both the City Attorney and the City Manager recommend rejection of the $15,000 settlement offer. Attachments: Defendants' Offer of Judgment/Proposal for Settlement Financial Impact: $15,000 of income to the City in exchange of release of claim for up to $ Type of Item: ❑ Public Hearing For Clerk's Dept Use: ❑ Ordinance First Reading [x] Consent Agenda ❑ Ordinance First Reading ❑ Public Hearing ❑ Resolution ❑ Regular Agenda ❑ Commission Approval ❑ Discussion & Direction ❑ Original Document/Contract Attached for Execution by City Clerk ❑ Original Document/Contract Held by Department for Execution Reviewed by City Attorney ❑ N/A Reviewed by Finance Dept. ❑ N/A Reviewed by ( ) ❑ N/A MEMORANDUM CLIENT - MATTER NUMBER 06286 -0001 TO: The Honorable Mayor and City Commissioners FROM: Scott A. Cookson DATE: May 25, 2012 RE: City of Ocoee vs. Mercon Construction — Settlement Offer Staff Report ISSUE Should the City Commission accept the settlement offer from Mercon in the amount of $15,000? BACKGROUND/DISCUSSION In 2011 the City, as Plaintiff, sued Mercon Construction Company and Lexon Insurance Company, collectively, the Defendant, for damages relating to an award of a bid to Mercon and Mercon's subsequent failure to fulfill its obligations relating to a construction project at the Pioneer Key 2 subdivision. The City hired a new contractor to complete the work and sued Mercon for $ , the difference between the two bid amounts. On May 11, 2012, Mercon filed an Offer of Judgment /Proposal for Settlement which offers to settle the dispute with Mercon paying the City $15,000. In the event the City Commission wishes to accept the offer, or if one or more members of the City Commission desires to further discuss the offer, such discussion would take place in a closed session of the City Commission on a date to be scheduled. Both the City Attorney and the City Manager recommend rejection of the $15,000 settlement offer.