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HomeMy WebLinkAboutR-99-0036J-99-100 12/31/98 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE DIRECTOR OF FINANCE TO PAY NORTHERN TRUST, ET. AL., WITHOUT ADMISSION OF LIABILITY, THE SUM OF $200,000, IN FULL AND COMPLETE SETTLEMENT OF ANY AND ALL CLAIMS AND DEMANDS AGAINST THE CITY OF MIAMI, FOR THE CAUSE NORTHERN TRUST LANK OF LQRT_DA,_N.A. , ET- AL. V. CITY OF MIAMI, ET- AT, IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL CIRCUIT IN AND FOR MIAMI-DADE COUNTY, FLORIDA, CASE NO. 97-09112 CA (21), UPON THE EXECUTION OF A GENERAL RELEASE RELEASING THE CITY OF MIAMI, ITS PRESENT AND FORMER OFFICERS, AGENTS AND EMPLOYEES FROM ANY AND ALL CLAIMS AND DEMANDS; ALLOCATING FUNDS THEREFOR FROM THE SELF-INSURANCE AND INSURANCE TRUST FUND, INDEX CODE NO. 515001.624401.6.653. WHEREAS, the Northern Trust Bank of Florida, N. A, filed a claim and lawsuit against the City of Miami, in the Circuit Court of the Eleventh Judicial District, Case No. 97-9112 CA (21), in Miami, Miami -Dade County, Florida; and WHEREAS, the above claim and lawsuit have been investigated by the Tort Committee of the City Attorney's Office and the Department of Risk Management pursuant to Ordinance No. 8417, which created the City of Miami's Insurance and Self -Insurance Trust Fund and said Offices recommend that said claim and lawsuit CITY CoN1.M SSION MEETING OF, JA P1 1 2 1999 Husolution Rio 9- �6 { ,. _ 1� }� u 4�a".,k+prt $ ".' +. Y � i,�' �z' � � �r,•�`t"7�'+�y^y�`z-4'�`li'�`' .�'�+.�.i' 'i 4� n .. .r. ��f,; ���n, r 'w ri°s ?t�$Fa;q+•�+,',`�:�'t'��14 i �..=.3 I .�..�,��. a z,.,;, tf� ,.µ f� be settled for the sum of $200,000; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Director of Finance is hereby authorized to pay Northern Trust Bank of Florida, N.A., without admission of liability,.the sum of $200,000 in full and complete settlement of any and all claims and demands against the City of Miami, for the Case I1Lnrt-hern Trust Bank of Florida, N_ A_ , e-_ al- vs City of Miraj. Qt_ _ _=al_ , in the Circuit Court of the Eleventh Judicial Circuit in and for Miami -Dade County, Florida, Case No. 97-09112 CA (21), upon the execution of a general release releasing the City of Miami, its present and former officers, agents and employees from any and all claims and demands, with funds therefor hereby allocated from the Insurance and Self -Insurance Trust Fund, Index Code No. 515001.624401.6.653. Section 3. This Resolution shall become effective 1.1 immediately upon its adoption and, signature of the Mayors/. PASSED AND ADOPTED this 12th day of January _, 1999. ATTEST: JOE CAROLLO, MAYOR in accordance with Miami Code Sec. 2.36, since the Mayer (lid not indicate all.mval of this legislation by signing it in the designated ialarc 1:)ro0de(, :-,-.iu ?d,s>la,i-'n leer becomes effective with the elapse of ten (10) days oni thdaic of Ud= regarding same, without the Mayor exercising ly o. WALTER J. FOEMAN CITY CLERK APPROV20 AS CI ATTORNEY 3175:CSK CORRECTNESS:& If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. if the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. 3- Sq- 06 "'1'wi«.,':d;•.;t C M7:x7zv '?'zST�:EP7F�.4> s r t+ ! it CITY OF AIIANII 27 CIT17 ATTOIZNEY'S OFFICE NIEMORAN" TO: Honorable Mayor and Members the, ity Commission .�•''r FROM: Alejandro Vilarello, City Art DATE: December 31, 1998 >" RE: Settlement Resolution 0 January 12, 1999 City Commission Meeting Northern Trust Bank saf Florida, N.A., et. al. v. City of Miami, et.al. The attached Resolution is being placed on the City Commission Agenda for the meeting of January 12, 1999. If approved, the matter of Northern Trust Bank of Florida, N.A., et. al. v. City of Miami, et. al., Case No. 97-09112 CA (21) will be settled for the sum of $200,000. - ca Funds will be allocated from the City of Miami Insurance and Self -Insurance Trust Fund, Index =4F4.n Code No. 515001.624401.6.653.- enc. CSK �`