Title
Settlement of Worker's Compensation Claim - Elmore Reynolds (NB)
This item involves the full and final settlement of Mr. Elmore Reynolds workers' compensation claim(s), which will include all future medical and indemnity payments. The total settlement amount is $100,000.00 and represents a significant cost advantage to the city.
Explanation
While employed by RTS, Mr. Elmore Reynolds received injuries to his back and neck due to a motor vehicle accident. This led to ongoing medical treatment. As a result of his injuries, the present potential exposure to the City in future medical treatment, indemnity payments and the potential surgery is significant given his life expectancy.
The City Attorney's Office, the Risk Management Department, RTS, Special Counsel and our Worker's Compensation servicing agent all concur as to the full and final settlement of this claim. The total amount $100,000.00, includes future medical costs and future indemnity payments.
Fiscal Note
The settlement of this case in the amount of $100,000.00 will be paid out of the General Insurance Fund.
Recommendation
The City Commission authorize Special Counsel to prepare and execute the appropriate documents for a lump-sum settlement of the Worker's Compensation claim of Mr. Elmore Reynolds, in the amount of $100,000.00.