This bill provides for the financial relief of Maximus 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. The bill states that the City of Clearwater had a duty to maintain the pedestrian signals, which had a documented history of malfunctions, and that their failure to do so was a legal cause of Giannikos's injuries. Following a jury trial, the court found the City liable for a significant portion of the damages, resulting in a judgment of over $15 million in favor of Giannikos.

To address this judgment, the bill authorizes the City of Clearwater to appropriate $16,037,182.49, plus post-judgment interest, 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 outlines the financial obligations of the City to ensure Giannikos receives the compensation he is owed. The act is set to take effect upon becoming law.