(A) The Risk Manager, with the approval of either the City Manager or City Attorney, may compromise, settle and pay all claims which may be discharged by payment of an amount not to exceed fifteen thousand dollars ($15,000) for each individual claim.
(B) The City Attorney shall compromise, settle and pay all claims which may be discharged by payment of an amount in excess of fifteen thousand dollars ($15,000) but not to exceed twenty-five thousand dollars ($25,000) for each individual claim.
(C) Proposed settlements in excess of twenty-five thousand dollars ($25,000) but not more than fifty thousand dollars ($50,000) for each individual claim shall be reviewed by the Risk Management Committee. Payment shall be made upon consensus of that Committee, provided that such settlement or compromise shall be for all damages claimed for personal injury, property damage, or both.
(D) Proposed settlements in excess of fifty thousand dollars ($50,000) shall be submitted by the Risk Management Committee to the City Council for its approval.
(E) In the event that a settlement has been tendered upon consensus by the Risk Management Committee in the amount of fifty thousand dollars ($50,000) or less, and such settlement is not acceptable to the claimant, then the Risk Management Committee shall submit this matter, along with its recommendation to the City Council, for its ultimate decision.
(Ord. 2003-52, passed 11-20-03; Am. Ord. 2013-12, passed 2-21-13; Am. Ord. 2019-19, passed 3-21-29)