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R-96-10-10-14G - 10/10/1996WHEREAS, the City of Round Rock ( "City ") is the plaintiff in Cause No. 95 316 - C277; City of Round Rock, Texas vs. Shell Oil Company d /b /a Shell Chemical Company, and Vanguard Plastics, Inc., and TEXAS, RESOLUTION NO. R- 96- 10- 10 -14G WHEREAS, Shell Oil Company has offered to settle the lawsuit on terms acceptable to the City, and WHEREAS, the City Council wishes to authorize the Mayor to execute a settlement agreement with Shell Oil Company, et al, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, That the Mayor is hereby authorized and directed to execute on behalf of the City a settlement agreement in Cause No. 95 316 - C277; City of Round Rock, Texas vs. Shell Oil Company d /b /a Shell Chemical Company, and Vanguard Plastics, Inc.,. RESOLVED this 10th day of October, 1996. ATTEST: &:\ WP OOCS\RESOLUTI \R561010C.HP0 /BCg LAND, City Secretary Enc. /smw Mr. Stephan Sheets 309 E. Main Street Round Rock, Texas 78664 Montgomery & Associates A Professional Corporation Attorneys & Counselors at Law 613 N. W. Loop 410, Suite 620 San Antonio, Texas 78216 (210) 349-6469 Fax: (210) 349 -0069 December 2, 1996 Re: City of Round Rock, Texas vs. Shell Oil Company, et al. Dear Mr. Sheets: Enclosed for your records, please find a copy of the fully executed Settlement Agreement and Release as it pertains to the above matter. Sincerely, Michelle Wetterau Legal Secretary 12 -04 -1996 RCVD SETTLEMENT AGREEMENT AND RELEASE THE CITY OF ROUND ROCK This Settlement Agreement and Release (Agreement) is entered into as of the to day of �vf l��Gv , 1996, between City of Round Rock (Releasor), Shell Oil Company (Shell) and Vanguard Plastics, Inc, (Vanguard). RECITALS A. Releasor is a water distribution company which owns a polybutylene potable water distribution system located in the City of Round Rock, Texas. The polybutylene potable water distribution system is comprised, in part, of polybutylene pipe made from Shell polybutylene resin which runs from the main to the meters (the Distribution System). Releasor alleges certain claims against Shell and Vanguard arising in whole or in part from leaks in the Distribution System in Round Rock (Claims). B. Releasor, Shell and Vanguard (the Parties) have entered into this Agreement in good faith, with the desire to forever settle between and among the Releasor, Shell and Vanguard any and all past, present and future disputes, Claims or rights in any way arising from the Distribution System and Claims therefrom. The Parties acknowledge and agree that liability in connection with the Claims is disputed, and agree that this Agreement is not to be construed as an admission of liability, but rather as a compromise of those disputed Claims. C. By entering into this Agreement, the Parties fully and completely settle and dispose of all Claims, demands, actions, causes of action and rights of any kind existing between and among the Releasor, Shell and Vanguard regarding this Distribution System. Now, therefore, in consideration of the mutual covenants and promises contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 1. Payment. AGREEMENT Shell and Vanguard shall pay to Releasor within 30 days of execution of this Agreement the sum of $7,650,000.00, which represents payment which shall be made to Releasor by Shell and Vanguard for all Claims which shall include but not be limited to costs of replacement and for damages asserted by Releasor against Shell and Vanguard and to Releasor's attorneys, Montgomery & Associates, for attorneys' fees and expenses. 2. Release, (a) Releasor, on behalf of itself and its heirs, successors, assigns, their current and former affiliates, subsidiaries, divisions and related business entities, agents, employees, shareholders, partners, officers, directors, attorneys, insurers and representatives of any kind whatsoever, hereby RELEASES, ACQUITS and FOREVER DISCHARGES Shell and Vanguard, their past, present and future affiliates, parent companies, subsidiaries, divisions and related business entities, agents, employees, shareholders, partners, officers, directors, successors, assigns, attorneys, insurers and representatives of any kind whatsoever (Released Parties), of and from any and all Claims, demands, damages, actions, causes of action, debts, costs, loss of services, expenses, compensation, liabilities or controversies of any kind whatsoever, whether known or unknown, latent, patent, non- existent at the present time and which may arise in the future or are unanticipated at this time which Releasor, or Releasor's heirs, predecessors, successors or assigns have had, now have, or may have against the Released Parties, arising out of, resulting from, or in any way connected with the Claims, which shall include, but not be limited to, Claims arising from any alleged act, omission, fraud, misrepresentation, non - disclosure, breach of warranty (express or implied), breach of contract (express or implied), negligence, gross negligence, reckless or intentional conduct or any obligations allegedly incurred in connection with the materials (including pipe, fittings and any other components), development, design, testing, formulation, compounding, manufacture, storing, shipping, promotion or advertising for sale and /or use, disclosure, installation, construction, financing, sale, or repair of the Distribution System and tools and components used in the installation thereof. It is UNDERSTOOD and AGREED that this is a FULL and FINAL RELEASE made to FULLY and FINALLY COMPROMISE any and all Claims of every nature and kind whatsoever, of Releasor against the Released Parties in connection with or relating to or located on the Distribution System and of all claims for any plumbing system that may be installed as its replacement. (b) The releases provided in subparagraph (a) of this Paragraph 2 include, without limitation: (i) damage to the Distribution System, including the unimproved land, structure and improvements, (ii) damage to personal property, (iii) personal or bodily injury, including emotional distress, and (iv) economic loss, regardless of whether the Claims, demands, causes or action, damages or liabilities, etc. were already raised or could be raised in the future by Releasor. (c) The covenants and promises contained herein shall run with the land and shall be binding upon any subsequent purchasers, agents, successors or assigns of Releasor. (d) Releasor acknowledges and agrees that it shall assume all risks that, subsequent to the execution of this Agreement, Releasor may suffer further damages related to the Claims which are unknown or unanticipated at the time this Agreement is executed. In addition, Releasor agrees that it shall assume the risk that the damage presently known may become more serious than Releasor now expects or anticipates. -2- (e) Releasor fully understands that the facts presently known to it may later be found to be different, and expressly accepts and assumes the risk that the facts may be found to be different. This Agreement, and the releases contained herein, shall be effective in all respects and shall not be subject to termination or rescission because of any such difference in facts. 3. Covenant Not to Sue /Indemnity Releasor, on behalf of itself and its heirs, successors, assigns, their current and former affiliates, subsidiaries, divisions and related business entities, agents, and employees, shareholders, partners, officers, directors, attorneys, insurers and representatives of any kind whatsoever, covenants and agrees to forever refrain from instituting, prosecuting, maintaining, or assisting with any claim, lawsuit, proceeding, demands, damages, actions, causes of action, debts, costs, loss of services, expenses, compensation, liabilities of or controversies of any kind whatsoever, whether known or unknown, latent, patent, nonexistent at the present time, and which may arise in the future or are unanticipated at this time against the Released Parties, or any other entity, which arise out of the alleged defects in the polybutylene potable water distribution system or any component thereof, except to enforce this agreement. Releasor further agrees to fully and completely defend, indemnify, and hold harmless to the extent allowed at law the Released Parties from and against any further liability, damages, costs, expenses or financial responsibility of any kind or nature, claims, actions, causes of action, debts, loss of services, compensation, liabilities or controversies of any kind whatsoever, whether known or unknown, latent, patent, nonexistent at the present time and which may arise in the future or are unanticipated at this time related to the materials (including pipe, fittings and any other components), development, design, testing, formulation, compounding, manufacturing, storing, shopping, promotion or advertising for sale and/or use, disclosure, installation, construction, financing, sale or repair of the Distribution System and tools and components used in the installation thereof, and any component actually installed in the Distribution System, as a result of any further claim, except to enforce this Agreement. Releasor specifically acknowledges that the foregoing encompasses its agreement to fully and completely indemnify, hold harmless and defend the Released Parties from and against any and all claims for contribution, subrogation, and /or indemnity as a result of claims that have been or may have been asserted by third parties against the Released Parties as a result of these claims or in any other suit. 4. Sale and Assignment of Claims to the Released Parties. To the extent not released above, Releasor agrees to and does hereby sell and assign to the Released Parties all of the Releasor's right, title and interest in and to any and all Claims, actions or causes of action of any kind or nature that Releasor has or in the future may have that in any way relate to the Distribution System installed in the structures located on the Property and /or the Claims, against any person or entity, including plumbing contractors, builders and /or developers and the parents, successors, assigns, affiliates and -3- insurance carriers of any and all of said named and unnamed entities and persons; except for Releasor's insurance carrier for damages not covered under this Agreement. 5. Dismissal of Litigation Upon full execution of the Agreement, the Parties will immediately sign the Joint Motion to Dismiss and the Agreed Order of Dismissal with Prejudice (attached as Exhibit "A ") and take all steps necessary to cause the litigation in this matter to be dismissed, with prejudice, by the Court. 6. Good Faith The Parties to this Agreement agree and acknowledge that all negotiations by them and their representatives in connection with the settled Claims have been conducted in complete good faith. This settlement has been achieved between the Parties without evidence of bad faith, collusion, unfair practices or tortious conduct of any kind which is injurious to the interest of the Parties or of non - settling individuals or entities. 7. Construction. This Agreement is the product of a collaboration between Releasor and Released Parties. No provision of this Agreement shall be construed against any party by virtue of the involvement of that party or its attorneys in drafting this Agreement. 8. Entire Agreement - No Oral Modifications. This Agreement constitutes the entire integrated agreement between and among Releasor and Released Parties and fully supersedes any and all prior understandings, representations, warranties or agreements pertaining to the subject matter of this Agreement. No oral agreements, understandings or representations shall change, modify or amend any part of this Agreement. This Agreement may be modified only by a written agreement fully executed by Releasor and Released Parties. ' 9. Binding Effect, The terms of this Agreement shall be binding upon, and shall inure to the benefit of Releasor and Released Parties, to include any successors and assigns. 10. Independent Legal Advice, Releasor and Released Parties acknowledge that they have carefully read this entire Agreement; that they have reviewed this Agreement with their attorneys; that they have full understanding of its contents and the effects thereof; and that they have executed the Agreement of their own free will, without any coercion by anyone, either party or nonparty, to this Agreement. -4- 11. Necessary Acts, Releasor and Released Parties agree to perform any and all acts and execute any and all documents which may be reasonably necessary to fully carry out the provisions and intent of this Agreement. 12. Attorney's Fees Should any litigation or arbitration be commenced between and among Releasor and Released Parties, concerning any provision of this Agreement or the rights and obligations of any party in relation thereto, or to enforce this Agreement, the prevailing party in such litigation or arbitration shall be entitled, in addition to such other relief as may be granted, to reasonable attorneys' fees which, if not agreed to by the Parties hereto, shall be determined in the same action. 13. Authority. Releasor represents and warrants that as of the date of the execution of this Agreement, Releasor is the governing body of the owners of the Distribution System, (I) has the right and authority to execute this Agreement, in all respects, on behalf of all persons with vested or contingent ownership interests in the Distribution System at the time of signing, and (ii) has not sold, assigned, transferred, conveyed or otherwise disposed of any claim or demand relating to any right surrendered by virtue of this Agreement. Releasor agrees to indemnify, hold harmless and defend Released Parties for any breach of this provision. 14. Choice of Law,. This Agreement shall be governed by and construed in accordance with the laws of the State of Texas. If any provision of this Agreement or any provision hereafter adopted shall for any reason be found to be inapplicable, invalid, illegal, or unenforceable in any respect, such inapplicability, invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, but the Agreement shall be construed as if such provision had never been contained herein or, in the alternative, such provision shall be modified to the extent of such inapplicability, invalidity, illegality, or other unenforceability. In Witness Whereof, the City of Round Rock, Shell Oil Company and Vanguard Plastics, Inc. have executed this Agreement as of the day and year first written above. - 6 - THE CI OF ROUND ROCK, TEXAS By: i 1 ""7''"1 �'" Its: / SHELL OIL COMPANY Its: D it ex-by Spec-4 f're.i t,.t VANGUARD PLASTICS, INC. By: vVI/ //aH+ 11, /Yu' 1d Its: 6ei'iem/ COunse/ CITY OF ROUND ROCK, TEXAS vs. SHELL OIL COMPANY D /B /A SHELL CHEMICAL COMPANY, AND VANGUARD PLASTICS, INC. CAUSE NO. 95-316-C277 § § § § § § § § IN THE DISTRICT COURT WILLIAMSON COUNTY, TEXAS 277TH JUDICIAL DISTRICT JOINT MOTION TO DISMISS WITH PREJUDICE TO THE HONORABLE JUDGE OF SAID COURT: COME NOW the Plaintiff City of Round Rock, Texas ("Plaintiff'), and Defendants Shell Oil Company d/b /a Shell Chemical Company and Vanguard Plastics, Inc., ( "Defendants "), by and • through their attorneys of record, and the parties having compromised and settled all matters in dispute between them, Plaintiff having reached a settlement with Defendants, the parties jointly move the Court to have all claims asserted by Plaintiff against Defendants dismissed with prejudice. WHEREFORE, the parties move the Court to order that all claims asserted by Plaintiff City of Round Rock, Texas against Defendant Shell Oil Company d/b /a Shell Chemical Company and Vanguard Plastics, Inc., be dismissed with prejudice. EXHIBIT giNu Respectfully submitted, MONTGOMERY & ASSOCIATES James E. Montgomery TBA No. 14292200 613 N.W. Loop 410, Suite 620 San Antonio, Texas 78216 (210) 349 -6469 (210) 349 -0069 (FAX) ATTORNEY FOR PLAINTIFF CITY OF ROUND ROCK, TEXAS VINSON & ELKINS L.L.P. Daniel A. Hyde TBA # 10368000 2500 First City Tower 1001 Fannin Houston, Texas 77002 -6760 713/758 -2222 713/758 -2346 (FAX) Kim E. Brightwell TBA # 02992700 Beverly G. Reeves TBA # 16716500 2700 One American Center 600 Congress Avenue Austin, TX 78701 -3200 512/495 -8500 512/495 -8612 (FAX) ATTORNEYS FOR DEFENDANT SHELL OIL COMPANY d /b /a SHELL CHEMICAL COMPANY TUCKER, HENDRYX, SNYDER & SLADE James L. Doyle TBA # 06094450 8 East Greenway Plaza, Suite 1200 Houston, Texas 77046 -0889 713/961 -5800 713/993 -2308 (FAX) ATTORNEYS FOR DEFENDANT VANGUARD PLASTICS, INC. CERTIFICATE OF SERVICF I hereby certify that a copy of JOINT MOTION TO DISMISS WITH PREJUDICE AND ORDER has been sent via certified mail to the following on the _ day of October 1996 in compliance with Texas Rules of Civil Procedure 21 and 21a. James E. Montgomery Montgomery & Associates 613 N.W. Loop 410, Suite 620 San Antonio, Texas 78216 James L. Doyle Tucker, Hendryx, Snyder & Slade 8 East Greenway Plaza, Suite 1200 Houston, Texas 77046 -0889 Beverly G. Reeves CITY OF ROUND ROCK, TEXAS vs. SHELL OIL COMPANY D /B /A SHELL CHEMICAL COMPANY, AND VANGUARD PLASTICS, INC. CAUSE NO. 95- 316 -C277 AGREED ORDER IN THE DISTRICT COURT WILLIAMSON COUNTY, TEXAS 277TH JUDICIAL DISTRICT On this day came on to be heard the Joint Motion to Dismiss With Prejudice. Plaintiff City of Round Rock, Texas and Defendants Shell Oil Company d/b /a Shell Chemical Company and Vanguard Plastics, Inc., appeared by and through their attorneys of record, and after hearing arguments of counsel, the Court is of the opinion that such motion should be GRANTED. It is therefore ORDERED, that this Motion be granted and that all claims asserted by Plaintiff City of Round Rock, Texas against Defendants Shell Oil Company d /b /a Shell Chemical Company and Vanguard Plastics, Inc. be dismissed with prejudice. All costs shall be borne by party incurring same. All relief not expressly granted herein is hereby denied. SIGNED this day of 1996. JUDGE PRESIDING AGREED TO BY: MONTGOMERY & ASSOCIATES James E. Montgomery TBA No. 14292200 613 N.W. Loop 410, Suite 620 San Antonio, Texas 78216 (210) 349 -6469 (210) 349 -0069 (FAX) ATTORNEY FOR PLAINTIFF CITY OF ROUND ROCK, TEXAS VINSON & ELKINS L.L.P. Daniel A. Hyde TBA # 10368000 2500 First City Tower 1001 Fannin Houston, Texas 77002 -6760 713/758 -2222 713/758 -2346 (FAX) Kim E. Brightwell TBA # 02992700 Beverly G. Reeves TBA # 16716500 2700 One American Center 600 Congress Avenue Austin, TX 78701 -3200 512/495 -8500 512/495 -8612 (FAX) ATTORNEYS FOR DEFENDANT SHELL OIL COMPANY d /b /a SHELL CHEMICAL COMPANY -2- TUCKER, HENDRYX, SNYDER & SLADE James L. Doyle TBA # 06094450 8 East Greenway Plaza, Suite 1200 Houston, Texas 77046 -0889 713/961 -5800 713/993 -2308 (FAX) ATTORNEYS FOR DEFENDANT VANGUARD PLASTICS, INC. DATE: October 8, 1996 SUBJECT: City Council Meeting, October 10, 1996 ITEM: 14.G Consider a resolution authorizing the Mayor to execute a settlement agreement regarding the City of Round Rock vs. Shell Oil Company, et aI lawsuit. STAFF RESOURCE PERSON: Jim Nuse and Steve Sheets STAFF RECOMMENDATION: Approval of the resolution During a mediation session held on October 4, 1996, Shell Oil Company made an offer to settle the lawsuit. The offer will be discussed with the City Council in executive session. A presentation will be made at the meeting. C.\ NPDDCS \ACITY \BIABSHEB \ES1010G.wPD /,1B