ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
Item No. 14.
Regular City Council Meeting
- Meeting Date:
- 05/08/2025
COMMITTEE:
Finance
CONTACT:
Toni Gomez
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Approval of the Letter of Engagement and promissory note for DRS, Disaster Recovery Services, for phase II insurance and FEMA claims recovery consulting. (Corn/Rogers) (pg. )
BACKGROUND:
Initiated by: Mac Rogers
This item is requesting approval of the Letter of Engagement and promissory note for DRS, Disaster Recovery Services, for phase II insurance and FEMA claims recovery consulting. These Services will be procured through HGAC Contract #HP08-21. The first phase of the DRS services was provided through a grant from SENMEDD. Per the attached promissory note, Synergy Disaster Solutions will provide the funding for DRS's services, and the City will reimburse Synergy upon receipt of FEMA Category Z administrative funding proceeds available from FEMA. DRS has an in depth understanding of the City's damages sustained from our recent flooding and has played a critical role in helping the City understand our insurance coverage options and FEMA's public assistance program.
This item is requesting approval of the Letter of Engagement and promissory note for DRS, Disaster Recovery Services, for phase II insurance and FEMA claims recovery consulting. These Services will be procured through HGAC Contract #HP08-21. The first phase of the DRS services was provided through a grant from SENMEDD. Per the attached promissory note, Synergy Disaster Solutions will provide the funding for DRS's services, and the City will reimburse Synergy upon receipt of FEMA Category Z administrative funding proceeds available from FEMA. DRS has an in depth understanding of the City's damages sustained from our recent flooding and has played a critical role in helping the City understand our insurance coverage options and FEMA's public assistance program.
FINANCIAL CONSIDERATION
Funding provided through FEMA Category Z reimbursement.
LEGAL REVIEW:
Not applicable for this agenda item.
BOARD AND COMMITTEE ACTION:
The Finance Committee recommended approval (5-0) at it meeting on May 1, 2025.
STAFF RECOMMENDATION:
Proceed as presented.