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HomeMy WebLinkAboutR-04-0324City of Miami Legislation Resolution: R-04-0324 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00511 Final Action Date: 5/6/2004 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE DIRECTOR OF FINANCE TO PAY BENCH ADS AMERICA, INC., WITHOUT ADMISSION OF LIABILITY, THE SUM OF $301,016 PLUS RETURN OF SECURITY DEPOSITS HELD BY THE CITY, IN FULL AND COMPLETE SETTLEMENT OF ANY AND ALL CLAIMS AND DEMANDS AGAINST THE CITY OF MIAMI FOR THE CASE CITY OF MIAMI VS. BENCH ADS AMERICA, INC., IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL CIRCUIT IN AND FOR MIAMI-DADE COUNTY, FLORIDA, CASE NO. 01-14785 CA (32), 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 FROM THE SELF-INSURANCE AND INSURANCE TRUST FUND, INDEX CODE NO. 515001.624401.6.650; AUTHORIZING THE CITY MANAGER TO EXECUTE THE STIPULATION FOR SETTLEMENT, IN SUBSTANTIALLY THE ATTACHED FORM. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The Director of Finance is authorized to pay Bench Ads America, Inc., without admission of liability, the sum of $301,016, plus the return of security deposits held by the City, in full and complete settlement of any and all claims and demands against the City of Miami, for the case City Of Miami vs. Bench Ads America, Inc., in the Circuit Court of the Eleventh Judicial Circuit in and for Miami -Dade County, Florida, Case No. 01-14785 CA (32), 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 allocated from the Self -Insurance Trust and Insurance Fund, Index Code No. 515001.624401.6.650. Section 2. The City Manager is authorized{1} to execute the Stipulation for Settlement, in substantially the attached form. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: City of Miami Page 1 of 2 File Id: 04-00511 (Version: 1) Printed On: 9/12/2016 File Number: 04-00511 Enactment Number: R-04-0324 {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} 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. City of Miami Page 2 of 2 File Id: 04-00511 (Version: 1) Printed On: 9/12/2016