HomeMy WebLinkAboutCity Council Resolutions (R-00-1688)-07/18/2000
RESOLUTION R-OO-1688
A RESOLUTION APPROVING A SETTLEMENT AGREEMENT BETWEEN THE
CITY OF COLLEYVILLE AND RICHARD L. AND MOLLY M. MUNSON, NORTH
AMERICAN MORTGAGE COMPANY AND BANK UNITED
WHEREAS, Richard L. and Molly M. Munson, North American Mortgage Company and
Bank United have agreed to accept from the City of Colleyville the total of
$19,000 in return for a release from the lawsuit filed by the parties, and;
WHEREAS, this is a fair settlement of the obligation of the City of Colleyville.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
THAT the Settlement Agreement is hereby approved.
AND IT IS SO RESOLVED.
Pass~d by a vote o~ _3 ayes, 2-
2~ dayof tMjuSf
nays, and u abstentions on this the
,2000
ATTEST:
CITY OF COLLEYVILLE
/J~
Dt;;! ~
J n Harris, TRMC, CMC
ItY Secretary
Mayor