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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: i/ Date: 2/14/2011 Commission Meeting Date: 02/ 24 / 2011 Requesting Department: Building & Zoning District Impacted: City -Wide Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Settlement of Federal Lawsuit with South Florida Equitable Fund, LLC Purpose of Item: AUTHORIZING THE CITY MANAGER TO ENTER INTO A SETTLEMENT AGREEMENT, IN THE ATTACHED FORM, WITH SOUTH FLORIDA EQUITABLE FUND, LLC., WITHOUT ADMISSION OF LIABILITY, IN FULL AND COMPLETE SE I I LEMENT OF ANY AND ALL CLAIMS AND DEMANDS, INCLUDING ATTORNEY'S FEES AND COSTS, AGAINST THE CITY OF MIAMI, IN THE CASE STYLED SOUTH FLORIDA EQUITABLE FUND, LLC. VS. CITY OF MIAMI, PENDING IN THE UNITED STATES DISTRICT COURT, SOUTHERN DISTRICT OF FLORIDA, CASE NO.: 010-21032-CIV-UNGARO. Law Department Matter ID No. Background Information: This settlement concerns SFEF's alleged inability to obtain a permit to erect Outdoor Advertising Signs in the City of Miami. The terms of Settlement will include allowing South Florida Equitable Fund to erect one billboard in the City of Miami. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: 0 Maintenance Cost: 0 Total Fiscal Impact: 0 Final Approvals (SIGN AND DATE) CUP Budget If using or receiving capital funds Grants Risk Management Purchasing Dept. Director Chief Q City Manager Page 1 of 1