Category:
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Consent Item
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Status:
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Passed
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On agenda:
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10/22/2024
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Final action:
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10/22/2024
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Title:
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Approve and authorize the Chairman to execute a Resolution implementing the Budget Amendment Request (BAR) #25-001 in the General Fund to appropriate funding in the amount of $6,262,000 for aviation insurance proceeds for the replacement of a helicopter for the Seminole County Sheriff's Office. Countywide (Lisa Spriggs, Chief of Administrative Services, SCSO)
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Attachments:
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1. BAR # 25-001
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Title:
title
Approve and authorize the Chairman to execute a Resolution implementing the Budget Amendment Request (BAR) #25-001 in the General Fund to appropriate funding in the amount of $6,262,000 for aviation insurance proceeds for the replacement of a helicopter for the Seminole County Sheriff's Office. Countywide (Lisa Spriggs, Chief of Administrative Services, SCSO)
end
Division:
division
Sheriff's Office
body
Authorized By:
Sheriff Dennis Lemma
Contact/Phone Number:
Chief Lisa Spriggs/407-665-6617
Background:
On June 27, 2024, the 2023 Airbus H125 AS350B3 helicopter of the Seminole County Sheriff’s Office (SCSO) was involved in a hard landing at the Orlando Sanford International Airport, resulting in substantial damage. Aviation insurance proceeds of $6,262,000, net of deductibles, are anticipated for the helicopter claim, with $4,906,000 for the hull and $1,356,000 for the special equipment.
Aviation Policy Coverage: |
|
Hull - Covered Value |
$ 4,911,000.00 |
Hull - Deductible |
$ (5,000.00) |
Hull, net |
$ 4,906,000.00 |
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|
Special Equipment - Covered Value |
$ 1,361,000.00 |
Special Equipment - Deductible |
$ (5,000.00) |
Special Equipment, net |
$ 1,356,000.00 |
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Total Net Coverage |
$ 6,262,000.00 |
The Seminole County Sheriff’s Office requests a FY 2024/25 Budget Amendment to appropriate the $6,262,000 in anticipated insurance proceeds toward the purchase of a replacement Airbus H125 helicopter. Once appropriated, SCSO will execute a purchase agreement for an Airbus airframe with expected availability of December 2024, and the remaining build-out of the helicopter will take several months, with an estimated completion date of Summer 2025 at the earliest. No additional transfer from general funds is anticipated to complete the purchase of the helicopter.
As of September 30, 2024, the hull of the helicopter has been deemed a total loss and SCSO will receive $4,906,000 in insurance proceeds. The special equipment claim is in progress, with a partial loss of $654,969 determined and paid to SCSO to date and the remaining $701,031 currently under review. The $654,969 in insurance proceeds received will be included as excess fees in the SCSO’s FY 2023/24 Year-end Closeout to be submitted to the BCC by October 30, 2024, in accordance with Section 30.56(6), Florida Statutes.
Claim Reimbursement in Process: |
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Hull - Deemed Total loss |
$ 4,906,000.00 |
Special Equipment - Deemed Partial Loss to Date |
$ 654,969.00 |
Claims Approved to Date |
$ 5,560,969.00 |
Reimbursement Received |
$ (654,969.00) |
Reimbursement in Process |
$ 4,906,000.00 |
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Pending Final Claim Determination |
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Total Net Coverage |
$ 6,262,000.00 |
Claims Approved to Date |
$ (5,560,969.00) |
Remainder of Policy awaiting determination |
$ 701,031.00 |
Requested Action:
Staff recommends the Board approve and authorize the Chairman to execute a Resolution implementing the Budget Amendment Request (BAR) #25-001 in the General Fund to appropriate funding in the amount of $6,262,000 for aviation insurance proceeds for the replacement of a helicopter for the Seminole County Sheriff's Office.
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