HomeMy WebLinkAboutCity of Tamarac Resolution R-79-197Introduced by: AlIq r a'20
Temp. # 1,353
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO.R %f-/I7
A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT
TO COMPROMISE, SETTLE, RELEASE AND DISCHARGE ALL
CLAIMS AND OBLIGATIONS BETWEEN LEADERSHIP HOUSING,
INC., ITS PARENT COMPANY, ITS AFFILIATES, ITS
SUBSIDIARIES, AND OTHER RELATED ENTITIES AND THE
CITY OF TAMARAC; FOR ALL CITY OFFICERS AND EM-
PLOYEES TO BE AUTHORIZED TO TAKE ANY ACTIONS
REQUIRED IN SAID AGREEMENT; AND FOR TAMARAC TO
ACCEPT ALL UNDERTAKINGS SET FORTH IN SAID AGREE-
MENT,
WHEREAS, Leadership Housing as direct descendent of the Behring
Corp. was the prime developer in the City of Tamarac; and
tied up, and
WHEREAS, over the years Leadership left many loose ends to be
WHEREAS, Leadership Housing wishes to address all and resolve
virtually all outstanding problems within the City of Tamarac, and
WHEREAS, Leadership Housing has agreed to enter into an Agreement
to compromise, settle, release and discharge all claims and obligations with
the City of Tamarac, and
WHEREAS, the Tamarac City Council has determined that entry into
said Agreement is in the best interests of the people of Tamarac.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF TAMARAC, FLORIDA:
SECTION 1: That the appropriate city officials are hereby
authorized,on behalf of the City, to execute the attached Agreement to compromise,
settle, release and discharge all claims and obligations between Tamarac and
Leadership Housing, Inc., its parent company, its affiliates, its subsidiaries.
and other related entities. All city officers and employees are authorized to
take any actions required in said Agreement and the City of Tamarac shall accept
all undertakings set forth in said Agreement.
SECTION 2: This Resolution shall be effective upon its adoption.
PASSED, APPROVED AND ADOPTED thi Ja, day
A`TTE�CIT .
RECORD OE COUNCIL VOTE
R•
�_ HR�ff �.RTIFY that I have approved the form ar�AYO
c6fferfness of this RESOLUTION DISTRICT 1:
DISTRICT 2.
CITY ATTORNEY DISTRICT 3:
DISTRICT 4:,
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