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HomeMy WebLinkAboutCC Res 2536 1976-03-22 .- 1 I RESOLUTION NUMBER e:?$.;tb A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, AUTHORIZING SETTLEMENT OF SEAL BEACH ADV. HEALY TIBBITTS, OCSC # 212907 WHEREAS, the parties to the case of SEAL BEACH adv. HEALY TIBBITTS, OCSC # 212907, have tentatively reached an agreement settling the litigation between the parties; and WHEREAS, as part of said settlement each party to the litigation agrees to release the other from any and all claims they may have against the other parties; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Seal Beach, California authorizes settlement of SEAL BEACH adv. HEALY TIBBITTS, OCSC # 212907 on the following terms: 1. Healy Tibbitts to pay City 2. VTN to pay City 1 3. City to pay Healy Tibbitts $ '6,000.00 1,000.00 12,500.00 4. Payment by City to be made after receipt of the $6,000 from Healy Tibbitts. 5. Execution of releases by all parties, including a release by Healy Tibbitts in a form satis- factory to the City Attorney, releasing all claims Healy Tibbitts may have against the City, including Healy Tibbitt's claim for pay- ment of the Contract balance of $14,045.32. 6. The City Manager is hereby authorized to dis- burse the funds authorized by this Resolution and the Mayor is authorized to execute all necessary documents necessary to effectuate said settlement pursuant to this Resolution. PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal Beach, G~lifornia, at a meeting thereof held on the cR.;r~ day of YI1/Vu! IL./ , 1976 by the following vote: AYES: Councilmembers a~ ~#~~etL.'.,v/!/J;g,J(,u.pM&.J I NOES: Councilmembers ~~ - ABSENT: Councilmembers .~ ~ .-' Mayor ~ _7/j/~: lerk /:- .,,~