Mexico Beach council will return to Parker House negotiations

Published: Thursday, April 3, 2014 at 09:43 AM.

The attorney said that the insurance company valued the Parker House at $750,000 but he couldn’t figure out how they had come to the conclusion. He said that he feared that they viewed the property as a residential structure rather than a commercial one.

“They’re not comparing apples to apples,” said Moniz.

He viewed the settlement offers as a means to rebuild the Parker House as a residential structure, but not a commercial structure that would require upgrades to be brought up to code.

Because of the unanswered questions he had, Moniz said not to go to litigation just yet and rather approach the insurance company and attempt to have additional negotiations and clarify the policy.

Moniz offered to be a behind the scenes consultant throughout the rest of the process.

Moniz said there was a possibility that the money paid in rent on the current city hall could be covered by the claim along with design costs incurred when the insurance company changed its mind on rebuilding the Parker House in the existing location.

“I don’t have a crystal ball to tell me what’s going to happen,” said Moniz. “It’s a roll of the dice.

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