Clearwater would pay Giannikos for injuries from a signal failure

Clearwater would pay Maximus Giannikos $16,037,182.49, plus interest at 9.46 percent each year. The payment covers his injuries and damages from the May 28, 2019, crossing incident involving malfunctioning pedestrian signals. The payment must come from city funds that are not already committed. The trial court would calculate the interest as agreed by the parties. The payment requirement would take effect when the bill becomes law.

The award and the city's payment under Florida's government liability law would serve as the sole compensation for the incident. This limit covers claims tied to the incident that injured Maximus Giannikos. The text says these payments are intended to cover all present and future claims arising from the incident. The limit would take effect when the bill becomes law.

Attorney fees for the claim could not exceed 25 percent of the total amount awarded under the bill. The cap applies to the total attorney fees paid for Maximus Giannikos's claim. The fee cap would take effect when the bill becomes law.