This bill provides for the 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 court awarded Giannikos a total of $17,323,551.76 in damages, attributing 45% of the negligence to the City of Clearwater. The City is insured for $7 million, but the bill seeks to authorize an additional appropriation of $17,423,551.76 to fully compensate Giannikos for his injuries and damages.
The bill includes several key provisions: it declares the facts stated in the preamble to be true, authorizes the City of Clearwater to appropriate funds for Giannikos, and stipulates that the total amount paid will serve as the sole compensation for all claims related to the incident. Additionally, it limits the attorney fees associated with this claim to a maximum of 25% of the total amount awarded. The act is set to take effect upon becoming law.