Deadline looms for Parker House insurance settlement

Published: Thursday, June 12, 2014 at 11:11 AM.

With a deadline of late July looming for Mexico Beach City Council members to make a decision on the Parker House insurance settlement, Councilman Jack Mullen provided an update on the situation during Tuesday’s regular meeting.

The city has a $750,000 settlement offer on the table from the insurance company for the Parker House which was purchased in the city in 2011 and caught fire several days later.

After conferring with Panama City attorney Dion Moniz in April, the council decided to add rent payments on the bank building used as city hall.

The building was purchased in February and workers were forced to relocate to the Public Works building last month.

Mullen reported that the insurance company seemed open to the possibility of the additional $62,000 in rent reimbursement costs and asked for the city to supply additional lease and payment information to help bolster its claim.

With the clock ticking down, the council discussed their options at last week’s pre-agenda meeting.

As it stands, the council can accept the $750,000 settlement offer and continue with plans for a new city hall, which has been a popular choice with Councilwoman Tanya Castro and numerous citizens who have spoken out during regular monthly meetings.

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