HomeMy WebLinkAboutRES 961118-E - Gulley SettlementRESOLUTION NO.% 1S- C
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, AUTHORIZING THE MAYOR TO SIGN A
COMPROMISE, RELEASE AND SETTLEMENT AGREEMENT WITH
MICHAEL H. GULLEY, TRUSTEE, THE RIVERY JOINT VENTURE,
DAVID STARR, GREGORY G. HALL, ED HAMEL, BARRY
GILLINGWATER, AND THOMAS C. DUNHAM; AND ESTABLISHING AN
EFFECTIVE DATE.
WHEREAS, the City of Georgetown, a Texas Home Rule Municipal Corporation
("City"), is currently a party in Cause No. 96-399-C26, Michael H. Gulley, Trustee v. The
Rivery Joint Venture, David Starr, and Gregory G. Hall, in the 26th District Court of
Williamson County, Texas ("Lawsuit"); and
WHEREAS, the City and the other parties to the Lawsuit desire to resolve these
disputes involved in the Lawsuit through the execution of the Compromise, Release and
Settlement Agreement as agreed by the City and the Parties; and
WHEREAS, the City Council has reviewed the proposed Compromise, Release
and Settlement Agreement and has determined that the execution of this agreement is
in the best interest of the City;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this resolution
are hereby found and declared to be true and correct, and are incorporated by reference
herein and expressly made a part hereof, as if copied verbatim. The City Council hereby
finds that this resolution implements Finance Policy 1 of the Century Plan - Policy Plan
Element, which states: "The City will conduct all municipal operations in an efficient
business -like manner"; and further finds that the adoption of this resolution is not
inconsistent or in conflict with any other Century Plan Policies, as required by Section
2.03 of the Administrative Chapter of the Policy Plan.
SECTION 2. The Mayor is hereby authorized to execute on behalf of the City of
Georgetown, and the City Secretary to attest thereto, the proposed Compromise, Release
and Settlement Agreement regarding the Lawsuit.
SECTION 3. This resolution shall be effective immediately upon adoption.
RESOLVED this 18th day of November, 1996.
Gulley Settlement Resolution
Page 1 of 2
ATTEST:
-'Y7
Sandra D. Lee
City Secretary
APPROVED AS TO FORM:
Marianne Landers Banks
City Attorney
Gulley Settlement Resolution
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THE CITY OF GEORGETO
By:
I-Eb WOOD
Mayor