Broken Arrow City Council
Meeting of: 01-07-2020
Title:
title
Approval of and authorization to accept Shelter Insurance’s offer to settle a claim for vehicle loss, declare the vehicle surplus, release the vehicle to Shelter Insurance
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Background:
A Police Department Animal Control truck was involved in a collision on November 18, 2019. The vehicle, unit number 0867, a Ford F150 pick-up truck, was purchased on April 14, 2008 for $18,890.00. The unit was in good condition with 156,075 miles accumulated at the time of the accident. Replacement of this vehicle is undetermined at this time.
Shelter Insurance has determined the vehicle is a total loss and made an offer to settle Broken Arrow’s vehicle loss at $6,439.00
The Fleet Maintenance Division is satisfied that the settlement offer by Shelter Insurance is appropriate compensation for the vehicle based on Kelly Blue Book and National Automotive Dealers Association used car values.
Funds from this settlement will go into the Sales Tax Capital Improvement Fund.
Cost: None
Funding Source: Not applicable
Requested By: Lee Zirk, General Services Director
Approved By: City Manager’s Office
Attachments: Settlement offer from Shelter Insurance
Recommendation:
recommend
Approve and authorize acceptance of the offer from Shelter Insurance to settle the claim for vehicle loss, declare the vehicle surplus and release vehicle to Shelter Insurance.
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