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HomeMy WebLinkAboutRES 13-046RESOLUTION NO.13 -046 WHEREAS, the lawsuit styled Home Rule Municipality of the State of Texas, et al vs. Westchester Surplus Lines Insurance Company, et al, Cause No. A189 -328, was discussed in Executive Session properly called and held Tuesday, December 11, 2012; and, WHEREAS, the City Attorney is requesting authority to settle this lawsuit; 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, et al vs. Westchester Surplus Lines Insurance Company, et al, Cause No. A189 -328, for the receipt of the sum of Six Million Nine Hundred Fifty Thousand and XX/100 Dollars ($6,950,000.00); and, BE IT FURTHER RESOLVED THAT the City Manager be and he is hereby authorized to execute all documents related to settlement of the lawsuit. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 19th day of February, 2013.