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HomeMy WebLinkAboutR-74-0198tSL: rh 3/13/74 RESOLUTION NO. 7101,1110) A RESOLUTION AUTHORIZING THE CITY ATTORNEY TO EXECUTE A STIPULATION DISMISSING THE CONDEMNATION ACTION STYLED THE CITY OF MIAMI, FLORIDA VS. THE ST. JOE PAPER COMPANY IN THE CIRCUIT COURT IN AND FOR DADE COUNTY, NO. 73-2506 AND PRESCRIBING THE CONDITIONS FOR SUCH STIPULATION; AUTHORIZING THE FINANCE DIRECTOR OF THE CITY OF MIAMI TO PAY TO SHUTTS & BOWEN, ATTORNEYS FOR ST. JOE PAPER COMPANY THE SUM OF $100,000 AS ATTORNEYS' FEES AND THE SUM OF $33,138.25 FOR EXPENSES UPON EXECUTION OF A STIPULATION OF DISMISSAL AND A RELEASE RELEASING THE CITY OF MIAMI FROM ALL CLAIMS FOR DAMAGES THE ST. JOE PAPER COMPANY MIGHT HAVE AGAINST THE CITY OF MIAMI AS A RESULT OF THE AFOREMENTIONED CONDEMNATION ACTION; RESCINDING RESOLUTION NO. 74-45 PREVIOUSLY PASSED AND ADOPTED ON JANUARY 15, 1974. WHEREAS, on January 15, 1974 the City Commission of the City of Miami, by Resolution No. 74-45, authorized the City Attorney to dismiss the lawsuit against the St. Joe Paper Company for the acquisition of the Ballpoint Property on the condition that the attorneys for the St. Joe Paper Company in the lawsuit, accept the sum of $100,000 as attorneys' fees and a sum in addition not to exceed $25,000 for expenses in return for a complete release releasing the City of Miami from all claims against the City for any damages that the St. Joe Paper Company might have against the City of Miami as a result of the aforesaid action; and WHEREAS, at the time of the passage of this resolution it was estimated that the costs in the legal action incurred by the St. Joe Paper Company would not exceed $25,000; and WHEREAS, subsequently the attorneys for the St. Joe Paper Company submitted an itemization of defendant's costs and expenses which was in the total amount of $36,138.25 (copy of said itemization being attached hereto); and "DOCUMENT INDEX ITEM NO. 3 d " CITY COMMISSION MEETING OF MAR 1 4 neocunos MIS REMRKS ... , »».. WHEREAS, after discussion, attorneys for the St. Joe Paper Company agreed to reduce the fee demanded for each appraiser in the amount of $1,000 thus making their request for costs and expenses $3,000 less than the aforesaid itemization or $33,138.25; and WHEREAS, after discussion, attorneys for the St. Joe Paper Company have indicated their willingness to accept the said sum of $33,138.25 or in the event this figure is unacceptable to the City Commission of the City of Miami, to present the matter to the Court for a determination of the amount of the costs and to abide by the decision of the Court; and WHEREAS, the attorneys for the St. Joe Paper Company have agreed to execute a Stipulation for Dismissal of Cause on the basis of the payment of the sum of $100,000 as attorneys' fees as already provided in Resolution No. 74-45 and to accept payment of reasonable costs and expenses as set forth above or to permit the Court to settle such costs and expenses after a hearing in accordance with law; and WHEREAS, the City Attorney has recommended that it is in the best interest of the City of Miami to dispose of this condemnation matter in the fashion as outlined above; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Attorney is authorized to execute a stipulation dismissing the condemnation action styled The City of Miami, Florida vs. The St. Joe Paper Campanv,in the Circuit Court in and for Dade County, No. 73-2506 containing the conditions that the City of Miami agrees to pay and the St. Joe Paper Company has agreed to accept as payment in full of its attorney's fee in - 2- the cause the sum of $100,000, payable to Shutts & Bowen, counsel of record for St. Joe Paper Company and the City of Miami Will pay to the St. Joe Paper Company its reasonable costs incurred in the cause; said reasonable costs having been determined to be $33,138.25; and upon the further condition that a release is executed for and on behalf of the St. Joe Paper Company by virtue of which the St. Joe Paper Company releases The City of Miami from all claims for damages the St. Joe Paper Company might have against The City of Miami as a result of the aforementioned condemnation action. Section 2. The Finance Director of the City of Miami is authorized to pay to the firm of Shutts & Bowen, Attorneys for St. Joe Paper Company, the sum of $100,000 as attorneys' fees and the sum of $33,138.25 for expenses, upon the execution of a Stipulation of Dismissal of the action at law entitled "City of Miami vs. St. Joe Paper Company, Circuit Court Case No. 73-2506 and upon an Order of the Court accepting said Stipulation dismissing said action and upon the execution of a release releasing the City of Miami from all claims for any damages that the St. Joe Paper Company might have against the City of Miami as a result of the aforementioned condemnation action. Section 3. Resolution No. 74-45, previously passed and adopted on January 15, 1974 is hereby rescinded. PASSED AND ADOPTED this Ile day ofI , 1974. PREPARED AND APPROVED AS TO FORM AND CORRECTNESS: JOHN S. LLOYD CITY ATTORNEY