ACTION REQUESTED:
Title
Communication from the City Manager and Corporation Counsel with a Request to APPROVE a SETTLEMENT Involving a Motor Vehicle Collision with BCJ SERVICES INCORPORATED, in the Amount of $79,952.00.
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BACKGROUND:
This claim stems from a motor vehicle collision that occurred on October 02, 2020. A Peoria Police Officer was traveling South on Jefferson Street when he ran a red light and struck a tow truck traveling East on Lincoln Avenue. The officer was not responding to a call at the time of the collision. The accident resulted in damages in excess of $55,000.00 to the Illinois Valley Towing vehicle owned by BCJ Services Incorporated.
Negotiations with BCJ Services Incorporated have resulted in a tentative settlement of $79,952.00 which would resolve both the property damage claim and a potential lost income claim due to the tow truck being out of service since the accident.
NEIGHBORHOOD CONCERNS: None.
IMPACT IF APPROVED: Settlement approval will bring closure to the existing claim and avoid any future legal costs.
IMPACT IF DENIED: The claim could result in litigation resulting in further cost to the City.
ALTERNATIVES: N/A
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Have an efficient government.
DEPARTMENT: Legal