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1998-143AN ORDiNANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING SETTLEMENT OF LITIGATION STYLE CITY OF DENTON, TEXAS la REDI-MIX,, INC , CAUSE NO 96-40752- 362, PEND~ lNG IN THE 362Nn DISTRICT COURT OF DENTON COUNTY FOR THE SUM OF $100,000 TO BE PAID TO THE CITY, AUTHORIZING THE CITY MANAGER TO ACT ON THE CITY'S BEHALF IN ACCEPTING THE SETTLEMENT AND EXECUTING A RELEASE OF CLAIMS, AND DECLARING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS ~ That theproposed settlement of ht~gat~on styled Ctty of Denton, Texas v Redt- Mtx, Inc, pending m the 362na District Court of Denton County for the sum of $100,000 to be prod to the City is hereby rattfied and approved, and the City Manager is hereby authorized to execute a release of clatms, m a form approved by the City Attorney S]~CTION II That tins orchnance shall become effective immediately upon its passage and approval ~ PASSED AND APPROVED ttus the /q'~7 day of //ff~ ,1998 ATTESTI JENNIFER WALTERS, CITY SECRETARY APPROVED A~S.TO~(J-'~-AL FORM HERB~EF~t.~'?ROLTTy, CITY ATTORNE~Y/