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HomeMy WebLinkAbout1989-05-08 89-210 ORDERLouncll Acuon Date 5_R-89 Item No. 59=310 J Item/Subject: Authorizing Acceptance of Settlement -- McKim Site Cleanup Responsible Department: Legal Commentary: The purpose of this Order is to authorise the City Solicitor to accept a settlement of the City's claim against Onion Mutual Fire Insurance Company for claims arising out of the Main Site clean-up. The settlement reimburses the City for Its out-of-pocket expenses in the matter. Deyaremene Heed Managers comments: Ceat� alto-s�.a.ua{�r)Aa'Aw part o Our Vavagn Associated Information: Order, Release Budget Approval: na ca UP, o Legal Approval: Gd sohot r Introduced For ElParsage t C1 Fi ❑ Reading page — of— ❑ Refe Referral 89-210 Amigned to Counedur Shubert, May 8. 1989 ryp CITY OF BANGOR RM,) (DrDTr Authorizing Acceptance of Settlement By@e City deemed Ofdd IXq KBay . ' ORDM=v TBT the City Solicitor is hereby authorized, on behalf of. the City of Bangor, to accept payment in the amount of $3,136.47 And to execute a Release, a copy of which is on file in the office of the City Clerk, for purposes of settling the City's Claims against the Union Mutual Fire Insurance Company arising out of the MCRin Site cleanup. in mscil h§'8.1989 OR RD RER Title, ea Rin c;w gen�p ...................................... '�yI^/ Ae®p�edb CounciLoen Corporations) 89-210 LX �NUISCR IN CON4S,9��TION of Meum of Three Thousand One Hundred Fifty Six Dollusl5 T,156.47 tome/unpaid,tmmmptwhereofuherebyulumwkdged,l/we, The City of Bangor (being of lawful age) do hereby release and forever discharge The Union Mutual Fire Insurance Tammany heirs, administrators, executors, successors and units. form any and an action; causes of action, claims and demands whatsoever for, upon, or by reason of any damage, low or injury and ars consequential damage, which heretofore have been or which hereafter may be sustained by melus in consequence of Civil action number 88-0101-B. Causent decree of IT IS BEING FURTHER AGREED AND -UNDERSTOOD, that On pyment of said amount is not to be construed as so attention of liability, but Is a compromise of a disputed claim and that this release is executed in full settlement and wtufaction of rights ofthe Vraignedunder Policy No. CGL -24]8]0 arising out of said Consent decree of'May 10, 1988 - above referred to. WITNESS my/our riparm, and end _this day of 19_ CAUTION: READ BEFORE SIGNING OFFICER (Sea]) ACENOWLEDG.NENT FOR INDIVIDUALS FOR CORPORATIONS STATE OF 1 STATE OF COUNTY OF J w COUNTY OF On the _day of ,19 Ge the—day of .19—, before me came before me came to me known to be the individual described in, to me known, who, being by me duly sworn, did and who executed, the foregoing hntrument,and depose and say that acknowledged that he/she entries in ; that executed the same.. he/she is the Use cospoation described in, and which ereao- had, the foregoing instrument; feat be/she knows the seal of raid corpomtton; that Me seal of i ed W said instrument is such corporate seed; that it was m affixed by order of the Baud of Directors of said corp return and that he/she signed his/ her name thereto by like order. NOTARY