Title
RESOLUTION NO. 24R-11-268: A RESOLUTION APPROVING THE FINAL SETTLEMENT BETWEEN THE CITY OF LAUDERHILL AND ATREYU BRIGHTLY IN THE AMOUNT OF $75,000.00 AS FULL AND FINAL SETTLEMENT OF ANY AND ALL CLAIMS INCLUDING ATTORNEY'S FEES AND COSTS RELATED TO ANY AND ALL CLAIMS; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, DESORAE GILES-SMITH).
Body
Request Action:
Pass a Resolution to approve litigation settlement in the amount of $75,000 for claims filed by Brightly Atreyu.
Need Summary Explanation/ Background:
Approve settlement as the Code requires all settlements in excess of $30,000 to be approved by the City Commission as a Whole.
Cost Summary/ Fiscal Impact:
$75,000
Attachments:
Number all attachments consecutively.
Budget Code Number(s):
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] Federal Grant Funds
[ ] Sole Source [ ] Matching Required