Title
RESOLUTION NO. 24R-08-159: A RESOLUTION APPROVING THE FINAL SETTLEMENT BETWEEN NAEH MEDIA GROUP, LLC/TK ENTERPRISES, INC. D/B/A TK ORIENTAL FINE FOODS AND THE CITY OF LAUDERHILL IN THE AMOUNT OF $65,000.00 AS FULL AND FINAL SETTLEMENT OF ANY AND ALL CLAIMS INCLUDING ATTORNEY'S FEES AND COSTS RELATED TO ALL PARTIES; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, DESORAE GILES-SMITH).
Body
Request Action:
Approve the final settlement in the amount of $65,000 regarding a lawsuit filed by NAEH Media Group, LLC//TK Enterprises, Inc. d/b/a TK Oriental Fine Foods against the City of Lauderhill.
Need Summary Explanation/ Background:
Approve settlement agreement.
Cost Summary/ Fiscal Impact:
All settlement agreements exceeding $30,000 require city commission approval. This Resolution approves the full and final settlement of all claims regarding NAEH Media Group, LLC//TK Enterprises, Inc. d/b/a TK Oriental Fine Foods against the City of Lauderhill in the amount of $65,000 which includes all attorneys fees and costs at trial level and on appeal.
Attachments:
None.