(A) The City Manager, upon consultation and written recommendation of the City Attorney, may compromise and settle on behalf of the City all claims or lawsuits of any kind or nature involving the City, including but not limited to tort claims, land condemnation, and civil penalties, and to execute any and all documents, including releases, necessary for the settlement of such claims or lawsuits. Such claims may be settled by the City Manager when the total amount of the claim is $10,000 or less or the difference in the amount claimed and the settlement amount offered is $10,000 or less. The City Manager shall report all such claim settlements to the City Council in a timely manner.
(B) The City Council delegates its settlement authority to third parties such as insurance carriers, insurance pools, or other similar entities, but only to the extent those parties receive the right to settle and pay claims on the City of Monroe's behalf pursuant to a contract for insurance, an interlocal agreement, or an agreement between the City of Monroe and the third party. The contracts or agreements must specify the extent of settlement authority the third party has on behalf of the City of Monroe. Any matters resolved through such a contract or agreement shall be timely reported to the City Council.
(Ord. O-2004-27, passed 7-20-04; Am. Ord. O2018-50, passed 12-4-18)