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HomeMy WebLinkAboutIR 7987 r INFORMAL REPORT TO CITY COUNCIL MEMBERS NO. 7987 RTE To the Mayor and Members of the City Council March 26, 1996 STATUS OF RECOVERY FROM THE MAY 5, 1995 HAILSTORM The hailstorm of May 5, 1995 was perhaps the most severe known in the history of Fort Worth. Since the storm, significant effort has been undertaken to make emergency and permanent repair to City assets incurring losses. This report describes hail storm damage incurred by the City, both its insured and uninsured losses, and the status of recovery to Insurance coverage on City structures at the time of the storm was provided under a fire and extended coverage insurance policy issued by the Hartford Fire Insurance Company. Due to the policy provision of replacement cost basis of recovery, the City should recover the full amount of insured loss after meeting a single deductible of$100,000. At the time of the storm, 584 separate City structures valued at $503,964,528 were insured on the policy's property schedule and 259 ( 45%) of that total number, sustained some degree of hail damage, currently estimated to be $10,647,709. As work continues on remaining hail damage projects, it is probable that this amount will increase due to frequent discovery of unforeseen or "hidden" damage which is typically not discovered until a roofing project is underway. Attachment I lists facilities and dwnage sustained representing approximately $8.2 million of the total amount of building damage. Repairs to the most severely damaged structures, necessitating immediate attention on an emergency basis, are nearly Attachment 2 lists financial recovery to date plus pending receipts from insurers of all applicable insurance policies covering: structures, fine arts, fixed base communications equipment, and a small number of special vehicles. The Hartford Fire Insurance Company contracted Unified Building Sciences (UBS) for professional expertise in adjusting hailstorm damage to commercial property roofs. Both the Hartford's property claim adjuster and UBS representatives have worked with City departments affected by the storm, primarily, TransportationfPublic Works and Risk Management to determine payments due to the City for its insured loss. Competitive bidding was waived on projects totaling $6,600,000 which were undertaken on an emergency basis. City Council has ratified $6,505,232 of these projects to date. Non-emergency roof repair projects totaling $826,000 have also been contracted through the competitive bidding process. CM S[CRTIART ISSUED BY THE CITY MANAGER FORT WORTH,TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 7987 PNkRTE March 26, 1996 To the Mayor and Members of the City Council Page 2 of 2 X Subject: STATUS OF RECOVERY FROM THE MAY 5, 1995 HAILSTORM Ion Additional contracts on 145 facilities will be let through competitive bidding over the next year. The insurer estimates their cost to be $1,820,000. Actual cost of repairs will be determined as the projects are executed. The General Services Division of the Transportation and Public Works Department will perform repairs to forty-nine (49) specific structures for which the Hartford has agreed to pay approximately $777,000. These roofing repairs are projected to be completed by the end of FY 1997-98, in accordance with the Division's long range roof maintenance program. Staff has determined that performing these repairs over the course of many months will not jeopardize the structures' integrity. Uninsured losses have cost the City approximately $1.5 million for departmental labor, materials/equipment/supplies, and vehicle damage. Attachment 3 provides a breakdown, by department, in these three areas. With few minor exceptions, departments report they have recovered from the hail storm of May 5, 1995. Remaining are the referenced roofing repairs which General Services will carry out and the hail damaged vehicles, many of which will remain in operation, unrepaired, for a some years. If you desire additional information or have any questions, please let me know. (�AXWY ,R,,,..A� Bob Terrell City Manager ISSUED BY THE CITY MANAGER- FORT WORTH,TEXAS .-1 v AID u O y 1J M ��� (71 IN .J } W �� ;' .. 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O O O O U LO y_ I . . . . . . .1 .1 E 3 d C Lt_ (0 -0 0 -0 a) 4- Li U- Q_ a- Q 41 >• 3E (n Cl) +' cU G LL ° ° Attachment 3 UNINSURED LOSSES FROM THE MAY S 1995 HAIL STORM � ( A ) ( B ) ( C ) MATERIALS DEPARTMENT , DIVISION LABOR EQUIP/SUPPLIES VEHICLES* AVIATION $135 CITY SERVICES/EQUIPMENT SERVICES $43 ,676 $45O ,000 DEVELOPMENT $3 ,080 ENGINEERING $2 , 163 ENVIRONMENTAL MANAGEMENT $96 FIRE $27 ,828 $116 INFORMATION SYSTEMS & SERVICES $3 ,744 $4S~380 FISCAL SERVICES $39 f � � *NICIPAL COURT $131 PARKS & COMMUNITY SERVICES $12 ,917 $68 ,660 POLICE $15 ,337 PUBLIC EVENTS $4 ,068 ` PUBLIC HEALTH $44S RISK MANAGEMENT $1 ,293 TRANSPORTATION/PUBLIC WORKS ADMINISTRATION $1 ,005 TRAFFI C OPERATIONS $8 ,329 $12 ,964 STREET/LIGHT & SIGNAL $204 ,228 $526 ,962 WATER $4 ,093 SUB TOTALS $351 ,089 $658 , 175 $45O ,000 TOTAL ( A ) , ( B ) , ( C ) = $1 ,459 ,264 ' * THIS IS FOR VEHICLE GLASS WINDSHIELDS AND MIRRORS COSTING $359 ,000 PLUS BODY SHOP REPAIRS TO CERTAIN VEHICLES COSTING $91 ,000 . TOTALLING $460 °000 - EXPENDED ON CITY FLEET ' BETWEEN $2 ,000 ,000 - AND $4 °000 ,000 ' HAIL DAMAGE TO VEHICLE BODIES WAS NOT REPAZRED ^ OFFICIAL RE'CORD CITY SECRETARY FT. WORTH, TEX. � � *