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Resolution 3710 - Accepting an Offer of SettlementE RESOLUTION N0. 3710 A RESOLUTION ACCEPTING AN OFFER OF SETTLEMENT PRESENTED BY THTRD PARTY DEFENDANTS IN S & S CANOPIES & CAMPERS, MFG. vs. CITY OF KALISPELL, ET AL, Flathead County Cause No.. CV-7 -429. WHEREAS, on the 21st day of August, 1979, certain persons residing within Flathead County and near the site of the City of Kalispell's Wastewater Treatment Plant, filed a lawsuit (captioned S & S Canopies & Campers, Mfg, v. City of Kalispell, Cause No. CV-79-429) alleging that the City's Wastewater Treatment Plant had been designed, constructed and operated in such a manner as to produce and emit disagreeable, offensive and nauseating odors and requesting damages both special and general from the City; and WHEREAS, the City of Kalispell filed on the 30th day of November, 1979, an Answer, Demand for Jury Trial, and Third Party Complaint, in response to said suit and named as Third Party Defendants Morrison- Maierle, Inc., Magney Construction Company, and BIF, a unit of General Signal Corporation and requested that the City be compensated for damages for indemnification, breach of warranty, fraudulent misrepresen- tation and negligence, and WHEREAS, in the intervening years since 1979 the City and the Third Party Defendants have been engaged in protracted discovery and procedure and the City has felt compelled to expend City revenues in an attempt to successfully prosecute its claim against the Third Party Defendants, and WHEREAS, on the 20th day of April, 1984, the City of Kalispell and the Plaintiff entered into a Stipulation of Dismissal with Prejudice and evidencing satisfaction of all Plaintiff's claims against the City, and WHEREAS, on the 3rd and 4th of December, 1986, counsel representing the City of Kalispell and all Third Party Defendants met at the City Hall, City of Kalispell, Montana, with the objective being the settlement of said suit in a manner which would be agreeable to all parties, and WHEREAS, as a result of said meeting the Third Party Defendants, by and through their lead counsel, Cresap S. McCracken, have offered to the City of Kalispell a settlement figure of Four Hundred Thousand Dollars ($400,000.00) payable over three (3) years as follows: at closing--$125,000.00; on the first anniversary of closing--$90,000.00; on the second anniversary of closing--$90,000.00; and on the third anniversary of closing--$95,000.00, and WHEREAS, the City Council of the City of Kalispell, acting upon advice of its counsel, reviewed the offer presented by the Third Party Defendants. NOW THEREFORE, BE IT RESOLVED BY THE CITY OF COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. That the offer to settle the above cited cause for an aggregate amount of $400,000.00 payable as follows: at closing- -$125,000.00; on the first anniversary of closing-- $90,000.00; on the second anniversary of closing--$90,000.00; and on the third anniversary of closing--$95,000.00, is hereby accepted. SECTION II. That the Mayor, City Clerk -Treasurer, and City Attorney are hereby authorized and directed to make and/or execute all necessary documents relating to settling the above cited cause and are authorized to accept payment in behalf of the City of Kalispell and stipulate to appropriate dismissal. PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR THIS 22nd DAY OF DECEMBER, 1986. I, the undersigned, E "Kenneyy r. , Ma or Cithe City of KaTispell, certi y that the ATTEST:., foregoing is a true oapy of the Resolution passed by the City Council of the ity of Kalispell at a regular meeting held City Clerk -Treasurer. y e i y a ispe ,Montana