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HomeMy Public PortalAboutR 00:164No. 00-164 Date of Adoption1~¥ 18~ ~ RESOLUTION AUTHORIZING RELEASE OF LIEN WHEREAS, the Borough of Catteret (the "Borough") has paid workers compensation benefits to Stephen Moylan in connection with an accident which occurred on April 3, 1996; and WHEREAS, pursuant to the New Jersey Worker's Compensation Act (R.S.34:15-7) the Borough has a lien on the proceeds of third party settlements equal to the medical costs and temporary disability benefits paid by the Borough; and WHEREAS, the Borough is willing to release its lien in return for certain reimbursement. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret that the Borough agrees to release its lien for medical bills and temporary compensation paid in return for payment in the amount of $44,940.65. BE IT FURTHER RESOLVED that the Mayor and Municipal Clerk be and are hereby authorized to execute a release, substantially in the form of the attached Exhibit A and other documents required to accomplish the settlement on behalf of the Borough. Adopted this 18th day of May, 2000 and certified as a true copy of the original on May 19th, 2000. KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk COUNCILMAN CRILLEY FAZEKAS O'BRIEN X - Indicate Vote ',ECORD OF COUNCIL VOTE SANTORO SOHAYDA AB - Absent COUNCILMAN NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council