6/29/1992 - Laserfiche WebLink

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JUN 2 91992 brought in the party and brought the parties in a position where they are going to resolve it for whatever amount of money, if any amount of money, such that Indian River County will not contribute nickel one to this settlement. That is a victorv. What hannpnc ;a that you don't throw good money after bad by continuing to pay another $35,000 to pursue a derivative claim. As the County's counsel, he advised that he has found no evidence to support the allegation of a conflict at the time of the vote. Chairman Eggert understood that we can do all of this if Guettler, Scurlock and Prince don't settle. Attorney Reynolds explained that if Prince and Guettler and Scurlock don't individually work out whatever it is they work out, we're proceeding with the defense of the case and to trial. He reminded the Board of the t; mp f ramp n i vor, ..; „m i i .. i... plaintiff's counsel of 5 o'clock P.M. today. If that's acceptable, we have done our part to cross our t's, dot our i's, and if they don't and it falls apart, then so be it. Attorney Reynolds believed the hearing is set for 2 o'clock P.M. tomorrow, but the depositions may even be earlier. He was not certain because a lot has been set very quickly. Commissioner Wheeler assumed that covers all the parties. referred to in the first paragraph, and Chairman Eggert responded that it is the County, Prince, Guettler, Scurlock, and Dennis Smith who we haven't even mentioned. Attorney Reynolds advised that Dennis Smith is a plaintiff against the County and doesn't need to be mentioned. He is being represented by Prince's attorneys and has given his deposition in the case and has no financial involvement by way of the attorney fee issue with Prince. Commissioner Wheeler still wasn't clear on how you would separate it. Commissioner Bird understood that each party has to do what is requested of them, and the thing being requested of the County is 16