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HomeMy WebLinkAbout96-5-5496565 25135 ORDINANCE # 96-5 4(f4(, - AN ORDINANCE AUTHORIZING AND APPROVING SETTLEMENT AND EXPENDITURES IN FURTHERANCE OF SETTLEMENT REGARDING CITY OF PADUCAH, ET AL V. JAMES W. RHODES, ET AL, COURT OF APPEALS DOCKET NO. 95 -CA -2274 WHEREAS, City of Paducah, et al, is party to litigation styled City of Paducah, et al v. James W. Rhodes, et al, Commonwealth of Kentucky, Court of Appeals, Docket No. 95 -CA -2274; and WHEREAS, the parties to the referenced litigation have satisfactorily resolved all issues in controversy between them; and WHEREAS, the City of Paducah desires to approve and authorize settlement of the above litigation; NOW THEREFORE, BE IT ORDAINED BY THE CITY OF 01 PADUCAH, KENTUCKY: Section 1. The City Commission hereby authorizes and approves settlement of the above -referenced litigation and payment to the following individuals in the amounts hereinafter set forth in furtherance of said settlement: James W. Rhodes $6,916.00 David Feezor $7,974.00 Don Henry $1,861.00 James W. Owens Chartered $3,200.00 Section 2. Payment to the above individuals and/or entities shall be made in full and final satisfaction of all claims which were or could have been asserted against the City of Paducah in the above -referenced matter and V contingent upon execution of a release in favor the City of Paducah in a form acceptable to its Corporation Counsel. Section 3. The City Commission does hereby direct the Finance Director of the City of Paducah, Kentucky, to effectuate the aforesaid expenditures and same shall be charged to Account No. 566 Section 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Albert Jones, Ma ATTEST: City lerk Introduced by the Board of Commissioners Adopted by the Board of Commissioners _. 6 Recorded by City Clerk &, /996 Published by The Paducah Sun 2w'tti EN