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, which occurred on May 28, 2019, when Giannikos and his family encountered malfunctioning pedestrian signals at a busy intersection, leading to him being struck by a vehicle. Following a jury trial, the court found the City of Clearwater liable for a significant portion of the damages, resulting in a judgment of $17,323,551.76 in favor of Giannikos.

To address this judgment, the bill authorizes the City of Clearwater to appropriate $17,423,551.76 to compensate Giannikos for his injuries and damages. It also stipulates that the total amount paid for attorney fees related to this claim cannot exceed 25 percent of the total awarded amount. The bill includes a declaration that the facts stated in the preamble are true and specifies that the compensation provided is intended to cover all present and future claims arising from the incident. The act will take effect upon becoming law.