This bill provides for the financial relief of Max Giannikos, who sustained severe injuries due to the negligence of the City of Clearwater. The bill acknowledges the circumstances surrounding the incident, where malfunctioning pedestrian signals at a busy intersection led to Giannikos being struck by a vehicle while attempting to cross the street. Following a jury trial, the City was found to be 45% negligent, resulting in a judgment of $17,323,551.76 in favor of Giannikos. The City of Clearwater is directed to appropriate funds to cover this judgment, totaling $17,423,551.76, which includes compensation for injuries and damages.

The bill includes specific legal language that establishes the facts of the case as true, authorizes the City to draw a warrant for the compensation amount, and stipulates that the total amount paid will serve as the sole compensation for all claims related to the incident. Additionally, it limits attorney fees to a maximum of 25% of the total amount awarded. The act will take effect upon becoming law.