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HomeMy Public PortalAbout2001_06_12_r108The Town of I eesburg, , rgtma RESOLUTION NO. A RESOLUTION: 2001-108 PRESENTED June 12, 2001 ADOPTED June 12, 2001 AUTHORIZING SETTLEMENT OF THE STILES CASE WHEREAS, the parties to the case of Stiles v. Town of Leesburg, et al. (CA-00-628-A) have reached a settlement in accordance with the terms of the attached Memorandum of Understanding, dated May 31, 2001, which has been signed by Mr. Stiles and his counsel; WHEREAS, the settlement has been recommended by the Town's outside counsel, John Brandt, the Town Attorney and the Town Manager; and WHEREAS, funds have been budgeted in the FY 2002 budget to cover the settlement. THEREFORE, RESOLVED by the Council of the Town of Leesburg, Virginia as follows: SECTION I. The Mayor is authorized and directed to sign a settlement agreement in accordance with the terms of the attached Memorandum of Understanding, in a form approved by the Town Attorney. SECTION II. Upon execution of the settlement agreement by all parties, the amount of the settlement to be paid by the Town over and above the amount to be paid by the Town's insurer shall be $965,295, to be funded as follows: $500,000 from the general fund and $465,295 to be borrowed from the Utility Fund for one year at market interest. PASSED this 12th day of June, 2001. B.J. Web(d Mayor Town of Leesburg ATTEST: of Council R: authorizing stiles case settlement ~002 703 848 8680;# 2/ 2 · '~J ' PBrri~h :lo{mn Gr~ru:{t, {{ill Dun~ily~ Tom Ball, ~,{~ Iff ~mgm~b ~. ........ 11 ~--.. m ~piom the tax mpu~ng mqui~e~ j~ B~ m~ u~e~. ~_ __~...~ ~ 11~ ~e ad~ of ~eir own tax ~ for ~e P~~ to ue mmu= =-- ,,.ii fO ~ ~ Will De p[~ .... ~ ~ ~r ~ a~~, ~ 'v~ ~ . -+ ~at ~. BIll will ~mmmno ~no~ M,~,~ ..... - ~ -~ble, end In ~n ~ncuyJ ~ , num unUI o~ndlng a~ 3uIy 1 ~, 200~ at ~l race of 8~r P~ an , p~. _ . . _ ~.,, ..a e,.I ~eflt and ~ea~, including ~e ~mm ~ .... ,, ~"--s. TOL will nat ha~ to give a~ ...... u m~ ~le~ ~ ,'~.~'1~..,.~ ,k~ wia 1~i~ any arums agaln~ pdar ~un~! for ~sioflal tlablii~ ~ a ~ ar ~~m~t,. __. ~. alt ~ ~d TM have ~he ~unl~e All ue~l~ aria ~i1 ~P ..... L ~7~,. ~ flinn the due ap~lan~ ~P{V B~ef until 3u~ 2,