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CM-2019-0205 - 7/5/2019COMPROMISE RELEASE AND SETTLEMENT AGREEMENT This Compromise, Release and Settlement Agreement (the "Agreement") is made and entered into between the City of Round Rock, Texas and Esther N. Almazan. I. The property located at 701 E. Main Street, Round Rock, TX has a structure (the "Structure") encroaching on a City alleyway. 2. In order to resolve any issues regarding the Iegality of this encroachment, the parties have reached an agreement regarding the removal of the structure. 3. Esther N. Almazan will be responsible for providing to the City three bids pertaining to the relocation of the Structure. The bids will be provided to the City within ten (10) days after the City approves this Agreement. 4. Within ten (I0) days of receipt of the Payment, Esther N. Almazan shall relocate or otherwise remove the structure from the alleyway. 5. Failure to remove the structure within the time period stated above will allow the City or its contractors to remove the structure from the alleyway. 6. After receipt of Payment, whether or not Esther N. Almazan removes or relocates the structure, Esther N. Almazan releases and forever discharges the City from any and all claims, remedies, demands, liabilities or causes of action, at law or in equity, either in contract or tort, which she may now have or hereafter claim to hold or possess on account of the location of the structure within the alleyway. 7. It is understood and agreed by the parties that this Agreement and the consideration paid hereunder represents a full and final release of any and all claims. Signed this, day of , 2019. Esther N. Almazan Laurie Hadley, City Manager 00426493 00[x City of Round Rock OL ROUND ROCK TEXAS Agenda Item Summary Agenda Number: Title: Consider executing a Compromise, Release, and Settlement Agreement with Esther N. Almazan regarding the McNeil Road Extension project. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 7/5/2019 Dept Director: Steve Sheets Cost: Indexes: Attachments: Agreement-00427019.PDF, LAF-00427103-PDF Department: Legal Department Text of Legislative File CM -2019-0205 This item was entered by legal on behalf of the Transportation Department regarding the McNeil Road Extension project. City of Round Rock Page i Printed on 7MI2019