HomeMy WebLinkAbout088-R-23 Authorizing the Settlement and Release with Sumit Construction11/27/2023
88-R-23
A RESOLUTION
Authorizing the Settlement and Release with Sumit Construction
WHEREAS, the Sumit Construction and the City of Evanston (collectively
referred to herein as “Parties”) seek to settle and release all claims pursuant to the
terms of a Release and Settlement Agreement (“Settlement Agreement”) negotiated by
attorneys of record for each Party;
WHEREAS, the City will pay Sumit Construction a settlement amount
totaling four hundred seventy-eight thousand, nine hundred forty eight and thirty cents
($478,948.30) (“Settlement Payment”); and
WHEREAS, pursuant to the terms of the Settlement Agreement Sumit
Construction releases and waives all claims as alleged against the City; and
WHEREAS, issuance of the City’s Settlement Payment is not an
admission of liability.
NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the foregoing recitals are hereby found as fact and
incorporated herein by reference.
SECTION 2: The City is hereby authorized to approve settlement with
Sumit Construction’s counsel of record and issue the City’s Settlement Payment
pursuant to the terms of the Settlement Agreement.
SECTION 3: Resolution 88-R-23 shall be in full force and effect from and
after its passage and approval, in the manner provided by law.
~1~
Page 1 of 2 Doc ID: 0b0f9894f246faef000baf8a794783378a0bf49d
88-R-23
~2~
_______________________________
Daniel Biss, Mayor
Attest:
______________________________
Stephanie Mendoza, City Clerk
Adopted: __________________, 2023
Approved as to form:
______________________________
Alexandra B. Ruggie, Interim Corporation Counsel
November 27
Page 2 of 2 Doc ID: 0b0f9894f246faef000baf8a794783378a0bf49d