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HomeMy WebLinkAboutCity Council Resolutions (R-97-1296)-06/17/1997 RESOLUTION R-97 -1296 WHEREAS, Austin Bridge and Road, Inc., has offered to pay to the City of Colleyville the sum of $40,000 in return for a release from the law suit titled City of Colleyville versus Murray Construction Company, Inc., et al; and, WHEREAS, this is a fair settlement of the obligation of Austin Bridge and Road, Inc., to the City of Colleyville. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: I Sec. 1. I THAT the Mayor be authorized to sign the compromise settlement agreement and release with Austin Bridge and Road, Inc. I AND IT IS SO RESOLVED. I Pas~~d by a votejf 4- I 1'1t! day of l.lYl .L II ayes, () nays, and ,1997. o abstentions on this the ATTEST: CITY OF COLLEYVILLE tJ~ Id/!Li Richard Newton Mayor J an Harris, TRMC, CMC City Secretary