Loading...
R-89-1357 - 10/6/1989WHEREAS, Round Rock County Road 170, Ltd., filed suit against the City of Round Rock seeking alleged damages of more than $1,000,000, and WHEREAS the City denies any liability whatsoever to Round Rock County Road 170, Ltd., and WHEREAS, Round Rock County Road 170, Ltd., has offered to settle the suit for $20,000 and WHEREAS, the settlement offer is significantly less than the probable cost of defending the suit in court, Now Therefore, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the settlement offer of $20,000 is hereby approved and accepted. RESOLVED this ATTEST: C- RS100589A RESOLUTION NO. I . )- - J I ( r day of October, 1989. MIKE ROBINSON, Mayor City of Round Rock, Texas ROUND ROCK COUNTY ROAD 170, LTD. V. CITY OF ROUND ROCK, TEXAS NO. 86 -382 -C X X X X X X SETTLEMENT AGREEMENT IN THE DISTRICT COURT OF WILLIAMSON COUNTY, TEXAS 26TH JUDICIAL DISTRICT The undersigned Round Rock County Road 170, Ltd. ( "the Partnership ") and City of Round Rock, Texas ( "the City ") agree as follows: The above styled and number cause ( "the lawsuit ") is hearby settled on the following basis: 1. The City shall pay the Partnership the total sum of TWENTY THOUSAND AND NO /100 DOLLARS ($20,000.00) in full and complete settlement of the lawsuit and any and all other claims or causes of action of the Partnership; 2. The Partnership and the City shall each execute a standard mutual release; 3. The lawsuit shall be dismissed, with prejudice; and 4. This settlement agreement shall become effective and fully binding upon the Partnership and the City only upon approval of this settlement agreement by majority vote of the City Council of the City of By: Round Rock, Texas. Executed and agreed to by each of the undersigned on this, the 2nd day of October, 1989. LIDDELL, SAPP, ZIVELY, HILL AND LABOON 301 Congress Avenue Suite 1400 Austin, T as 787 (512) 32 411 —.101511MAI eph Latting "y g 700 tate Bar No. Attorney for Plaintiff, Round Rock County Road 170, Ltd. JOSEPH P. WEBBER Attorney at Law P. O. Box 222 Austin, Texas 78767 (512) 472 -1 By: J.seph P. ebber State Bar No. 21041600 Attorney for Defendant, City of Round Rock, Texas DATE: October 2, 1989 SUBJECT: Special Called City Council Agenda, October 6, 1989 ITEM: 3B. Consider a resolution authorizing the Mayor to execute settlement documents in the County Road 170 Ltd. lawsuit. STAFF RESOURCE PERSON: Steve Sheets STAFF RECOMMENDATION: Presentation will be made at the meeting.