Laserfiche WebLink
CONSENT ITEM – 5K <br /> MEMORANDUM <br /> <br />DATE: February 23, 2015 <br /> <br />TO: Honorable Mayor and City Council Members <br /> <br />FROM: Patrick Klaers, City Administrator <br /> <br />SUBJECT: Settlement Agreement <br /> <br /> <br /> <br />Background <br /> <br />The City Council met in a closed meeting on February 17, 2015, to discuss that status of <br />the TAT litigation. At this meeting, John Baker provided an outline of terms for a <br />possible settlement agreement. John Baker was appointed by the League of MN Cities <br />Insurance Trust to represent the City with this litigation. <br /> <br />Following a discussion of the settlement terms, the City Council indicated support for the <br />proposed settlement agreement and requested that this item be places on the February <br />23rd agenda for consideration. <br /> <br />Recommendation <br /> <br />It is recommended that the City Council approve a motion accepting the settlement <br />agreement as presented. <br /> <br />Attachments <br /> <br />Attachment A: Settlement Agreement and Exhibit A <br />Attachment B: Exhibit B