Loading...
Resolution No. 99-32 CITY OF TIGARD,OREGON ® RESOLUTION NO.99- 3 Z A RESOLUTION ACCEPTING THE MUTUAL RELEASE AS AGREED TO BY NORTHLAND INSURANCE COMPANY AND THE CITY OF TIGARD WHEREAS,the City of Tigard filed a claim against Northland Insurance for coverage and reimbursement under Northland Insurance Company policies in effect during the matter of Dolan v.City of Tigard,512 US 374 (1994) and subsequent additional legal action presented against the City of Tigard in Washington County Circuit Court(Case No.C941259CV);and WHEREAS,the City of Tigard, decided that it was in the best interests of the community to attempt to negotiate a settlement with Northland insurance Company;and WHEREAS,the Tigard City Council provided an opportunity for both the City of Tigard and Northland Insurance Company to present and evaluate each other's perspective regarding the issues in dispute;and WHEREAS, the City of Tigard and Northland Insurance Company agreed upon a mutual release to be executed by representatives of the City of Tigard and Northland Insurance Company that will settle all claims upon payment of$450,000.00 by Northland Insurance Company to the City of Tigard;and WHEREAS,the Tigard City Council determined that the mutual release represents a fair settlement for the City of Tigard. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The Tigard City Council hereby authorizes the Mayor to execute the mutual release and settlement and all necessary documents to resolve this matter on behalf of the City of Tigard. PASSED: This �day of —W? �1114 11 o - ity of Tigard ATTEST: City Recorder-City of Tigard a■ y ■ I:WDMICATHY\COUNCIL\RESOLUTION-NORTHLAND SETTLEMENT.DOC RESOLUTION NO.99-'..a_2 Page 1