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HomeMy WebLinkAboutApprove Buttrey's Solvent Site Cost Recovery payment Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Tim Cooper, Assistant City Attorney Chris Kukulski, City Manager SUBJECT: Buttrey’s Solvent Site - $5,140.42 cost recovery payment MEETING DATE: Monday, January 23, 2012 BACKGROUND: MDEQ submitted an invoice for costs incurred by MDEQ for the period of November, 2011 in the amount of $10,280.84. The City and CVS split the costs evenly. The City’s portion of these costs is $5,140.42. St. Paul/Travelers and Safeco insurance company will reimburse the City 23% of these costs in the following percentages: St. Paul/Travelers (19%) and Safeco (4%). RECOMMENDATION: Recommend approval of payment of $5,140.42. FISCAL EFFECTS: Unreimbursed amount - $3,958.12 ALTERNATIVES: As may be recommended by the Commission. Attachments 51