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1984-07 Agree to Settle LawsuitRESOLUTION No.84-7 WHEREAS, the City Council assembled in special session to hear a report on the case • City of Okeechobee versus LaGrow Irrigation, Inc., Robert E. Owen & Associates, Inc. and Cincinnati Insurance Company; and WHEREAS, details of this matter were discussed with the Council by trial attorney Lester Jennings; and WHEREAS, trial attorney Jennings detailed the alternatives and pros and cons of a trial of the matter as opposed to settlement of the matter; and WHEREAS, after answering questions from the Council and City Attorney relative to details of a proposed settlement; and WHEREAS, said trial attorney Lester Jennings is recommending Council approve a settlement agreement between the parties; and WHEREAS, it appearing settlement of the cause will be to the best interests of the city and its residents, NOW, THEREFORE, AE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA as follows: 1) On recommendation of the city's trial attorney Lester Jennings the matter of the action in Circuit Court between the City of Okeechobee, Plaintiff and LaGrow Irrigation, Inc., Robert E. Owen & Associates, Inc. and Cincinnati Insurance Company is settled in accordance with the terms and agreements of the attached documents and the necessary officials of the city are hereby authorized to sign said documents. 2) This Resolution shall take effect as provided by law. Spec i91 Introduced and passed in wager session assembled this _day of , F•:, Mayor ATTEST: ity Clerk