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2011-092
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2011-092
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Last modified
1/29/2016 2:06:44 PM
Creation date
10/1/2015 1:53:04 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/12/2011
Control Number
2011-092
Agenda Item Number
13.D.
Entity Name
Stanbridge, William and Ruth
Subject
66th Avenue Parcel 110 Mediated Settlement Agreement
Area
Parcel 110
Project Number
2009-CA-010963
Supplemental fields
SmeadsoftID
9509
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'4 // 0- / / 1 ATRUECOPY <br /> 3 E) CERTIFICATION ON LAST PAGE <br /> J * K * <br /> BARTON , CLERK <br /> C) <br /> 3 <br /> IN THE CIRCUIT COURT OF THE NINETEENTH JUDICIAL CIRCUIT <br /> IN AND FOR INDIAN RIVER COUNTY, FLORIDA <br /> CIRCUIT CIVIL DIVISION o <br /> INDIAN RIVER COUNTY, FLORIDA, a <br /> political subdivision of the State of Florida, <br /> Petitioner, <br /> Case No . : 2009- CA- 010963 <br /> V . Parcel Nos . : 110 (Stanbridge) <br /> CHARLENE B . BROWN , et al . <br /> Defendants . <br /> MEDIATED SETTLEMENT AGREEMENT <br /> At the Mediation Conference held on March 9 , 2011 , the parties reached the <br /> following Settlement Agreement : <br /> 1 . Petitioner will pay to Defendants , William H . Stanbridge and Ruth M . <br /> Stanbridge, the sum of $ 510 , 000 . 00 in full settlement of all claims for compensation from <br /> Petitioner whatsoever, including statutory interest and all claims related to real estate and <br /> business damages, if any, but excluding attorney ' s fees , experts ' fees, and costs . Said <br /> sum will be subject to claims of apportionment, if any. Petitioner is entitled to a credit in <br /> the amount of $ 177 , 000 . 00, said amount having been previously deposited in the Registry <br /> of the Court in this case by Petitioner. Upon the satisfaction of the terms and conditions <br /> of this Settlement Agreement and the entry of the Stipulated Final Judgment in this <br /> matter, Petitioner will deposit in the Registry of the Court the sum of $ 333 ,000 . 00 , <br /> representing the difference between the total settlement sum referenced above and <br /> Petitioner ' s previous deposit referenced above . <br /> 2 . In addition to the settlement sum referenced in Paragraph 1 , Petitioner will <br /> pay to Defendants ' attorney $ 96, 612 . 50 in full settlement and satisfaction of all attorney ' s <br /> fees and attorney ' s litigation costs incurred by Defendants in this case, including all <br /> attorney' s fees and attorney' s litigation costs related to monetary and non-monetary <br /> benefits, and supplemental proceedings, if any . <br /> 3 . In addition to the settlement sum referenced in Paragraph 1 of this <br /> Settlement Agreement, Petitioner will pay to Defendants ' expert witnesses <br /> an amount to be determined by negotiation or hearing. <br /> 4 . This Settlement Agreement is subject to and conditioned upon fmal <br />
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