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1995-161dawsettl.ord ORDINANCE NO. AN ORDINANCE OF THE CITY OF DENTON, TEXAS ACCEPTING THE MEDIATED SETTLEMENT IN LITIGATION STYLED DAWSON V. CITY OF DENTON, ET AL.; AUTHORIZING THE CITY MANAGER TO ACT ON THE CITY'S BEHALF IN PAYING THE SETTLEMENT AND IN EXECUTING A COMPROMISE SETTLEMENT AGREEMENT AND RELEASE APPROVED AS TO FORM BY THE CITY ATTORNEY; AND DECLARING AN EFFECTIVE DATE. WHEREAS, litigation styled Dawson v. City of Denton and Sun Life Assurance Co. of Canada, Ltd. was submitted to mediation, at which representatives for the various parties agreed upon a mediated settlement in which the City of Denton pays $12,500 in damages, plus half of court costs, and Sun Life pays $25,500 in damages, plus half of court costs; and WHEREAS, the City Council of the City of Denton, Texas believes that it is in the best interest of the City to compromise this law suit to avoid the uncertainty of trial; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION I. That the proposed mediation settlement as refer- enced in the recitals is hereby ratified and approved in principle, subject to final execution of a compromise settlement agreement, release of all claims by adverse parties & dismissal of the cause. SECTION II. That the City Manager is hereby authorized to act on the City's behalf in paying settlement obligations and in executing a compromise settlement agreement approved as to form by the City Attorney. SECTION III. That this ordinance shall become effective immediately upon its passage and approval. 1995.PASSED AND APPROVED this the~~d day of ~Z~f_~ , ATTEST: BOB ' CASTLEBERRY, MAYOR/~~,~ JENNIFER WALTERS, CITY SECRETARY