CITY OF CHARLOTTESVILLE, VIRGINIA CITY COUNCIL AGENDA




  Agenda Date:            December 6, 2021

  Action Required:        Appropriation


  Presenter:              Mike Harlow, Traffic Supervisor


  Staff Contacts:         Krisy Hammill, Senior Budget and Performance Analyst
                          Mike Harlow, Traffic Supervisor

  Title:                  City Traffic Assets Insurance Reimbursement – $17,448.47



Background:

The following City Traffic assets sustained damage from external accidents, which has impacted their
proper function, and require repair/replacement after evaluation from the Public Works Traffic Division:

    •    Streetlight – Located at approximately 1321 West Main Street, incident occurred on June 7th
         2020 – Progressive Insurance
    •    Traffic Control Box – Located at the corner of Wertland St and 10th St NW, incident occurred
         on July, 4th 2020 – National General
    •    Pedestrian Signal – Located on Shamrock Rd., incident occurred on May 12th, 2021 –
         Progressive Insurance

Discussion:

Risk Management has secured payment in the total amount of $17,448.47, itemized amounts below:

 Asset                       Claim Number               Amount                       Date Received
 Streetlight                 20267                      $2,856                       8/30/2021
 Traffic Control Box         21007                      $11,908.69                   9/7/2021
 Pedestrian Signal           21180                      $2,683.78                    9/16/2021


The insurance monies will be utilized to recover repair/replacement costs for these assets.

Alignment with Council Vision Areas and Strategic Plan:

The reimbursement of the insurance monies for the asset loss associated with the aforementioned
City Traffic assets support the City’s mission - “We provide services that promote equity and an
excellent quality of life in our community”

The anticipated use of the reimbursed monies also aligns with Goal 3.2 – Provide reliable and
high quality infrastructure.

Community Engagement:

N/A

Budgetary Impact:

There is no impact to the General Fund, as these are reimbursed funds from an insurance carrier
for a loss.

Recommendation:

Staff recommends approval and appropriation of insurance monies.

Alternatives:

If the insurance reimbursement is not appropriated, the Public Works Department will not be able
to recover this funding to repair/replace the cited Traffic assets.


Attachments:

Appropriation Resolution
                       RESOLUTION APPROPRIATING FUNDS for
                        City Traffic Assets Insurance Reimbursement
                                          $17,448.47

        WHEREAS, Progressive and National General Insurance companies are reimbursing
the City of Charlottesville for a loss associated with City of Charlottesville Traffic assets;

       NOW, THEREFORE BE IT RESOLVED by the Council of the City of
Charlottesville, Virginia, that a total of $17,448.47 be appropriated in the following manner:


Revenues

$17,448.47     Fund: 105      Cost Center: 2471001000               G/L Account: 451110

Expenditures

$17,448.47     Fund: 105      Cost Center: 2471001000               G/L Account: 541040



       BE IT FURTHER RESOLVED, that this appropriation is conditioned upon the receipt
of funds from Progressive and National General Insurance companies.