LEGISLATIVE ACTION ITEM
SPONSOR: Grover C. Robinson, IV, Mayor
SUBJECT:
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WRITE-OFF OF UNCOLLECTIBLE PORT OF PENSACOLA ACCOUNTS RECEIVABLE
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RECOMMENDATION:
recommendation
That City Council approve the write-off of $10,132.88 in unpaid fees from Permawood, LLC and Atlantic Meridian Contracting retroactive to Sept. 30, 2021.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
The City’s Financial Planning and Administrative Policy provides that all non-utility accounts receivable more than $1,000 and in which a lien has not been filed be submitted to City Council for approval before being written off. The following two accounts are unable to be collected:
Permawood, LLC in 2020-21 rented space outdoors at the Port of Pensacola for storing wood pressure treating equipment (unpaid fees of $9,000.00). Permawood is no longer active as an LLC according to State of Florida Sunbiz database, and all principles of the Company have been non-responsive to multiple certified mail contact attempts.
Atlantic Meridian Contracting moored a tug February-March of 2020 (unpaid fees of $1,132.88). Multiple attempts to collect this outstanding balance from AMC have been made but they have been non-responsive. This LLC is also inactive.
The total of unpaid fees for both is $10,132.88.
It is management’s opinion that collection is unlikely for both accounts and requests permission to write off the balances.
PRIOR ACTION:
None
FUNDING:
N/A
FINANCIAL IMPACT:
Current past due fees total $10,132.88 for both companies. The write-off will not impact FY22 revenues to the Port as the amount was recorded as a bad debt expense in FY21 and FY20.
CITY ATTORNEY REVIEW: Yes
10/27/2021
STAFF CONTACT:
Kerrith Fiddler, City Administrator
Amy Miller, Deputy City Administrator - Administration & Enterprises
Clark Merritt, Port Director
ATTACHMENTS:
1) Write-off of Uncollectible Port Accounts Receivables Report
PRESENTATION: No end