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HomeMy WebLinkAboutCity Council Resolutions (R-02-1962)-05/21/2002 RESOLUTION R-02-1962 A RESOLUTION APPROVING A SETTLEMENT AGREEMENT BETWEEN THE CITY OF COLLEYVILLE AND SHAHID RASUL D/B/A IRRICON WHEREAS, the City of Colleyville has filed suit against Shahid Rasul d/b/a Irricon, arising out of the installation of trees in Colleyville City Park; and WHEREAS, the parties of the suit have mediated the matter and the Defendant has made an offer of settlement agreeable to the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the City hereby agrees to accept from Shahid Rasul d/b/a Irricon and/or their insurance company the amount of $18,000 in full and final settlement of all claims against the Defendants in the suit styled City of Colleyville vs. Shahid Rasul d/b/a Irricon, Cause No. 352-187960-01. Sec. 2. THAT the $18,000 funds would be appropriated to replace trees at Colleyville City Park. AND IT IS SO RESOLVED. PASSED BY A VOTE OF S AYES, 0 NAYS, AND 0 ABSTENTIONS ON THIS THE a/J./:U DAY OF Y'?'")~ 2002. ~~~~ Cynthia Singleton, TRMC City Secretary CITY OF COLLEYVILLE ~ Mayor