HomeMy WebLinkAboutRES 13-225 RESOLUTION NO.13-225
WHEREAS, the lawsuit styled Home Rule Municipality of the State of Texas, City
of Beaumont vs. Max Specialty Insurance Company, Now Known As Alterra Excess &
Surplus Insurance Company, Cause No. E-190,879, has been discussed in an Executive
Session properly called and held Tuesday, September 24, 2013; and,
WHEREAS, the City Attorney is requesting authority to settle this claim;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the statements and findings set out in the preamble to this resolution are hereby, in
all things, approved and adopted; and,
THAT the City Attorney be and he is hereby authorized to settle the lawsuit styled
Home Rule Municipality of the State of Texas, City of Beaumont, vs. Max Specialty
Insurance Company, Now Known As Alterra Excess&Surplus Insurance Company, Cause
No. E-190,879, for the receipt of the sum of Four Hundred Fifteen Thousand and XX/100
Dollars ($415,000.00); and,
BE IT FURTHER RESOLVED THAT the City Manager be and he is hereby
authorized to execute all documents related to settlement of the claim.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 1st day of
October, 2013.
(fiayor Becky Ames -