HomeMy WebLinkAbout1968-003On a Motion made by Commissioner McCullers, seconded by
Commissioner Macdonald, -the following resolution was unanimously
adopted:
RESOLUTION 68-3
WHEREAS a suit is now pending in the Circuit Court of
the Nineteenth judicial Circuit in and for Indian River County,
,Florida, being case No. 3-L, and styled INDIAN RIVER COUNTY, a
Political subdivision organized under the laws of the State of
Florida -vs- VERO BEACH DEVELOPMENT, INC., a Massachusetts corpora-'
tion, and CONTINENTAL CASUALTY COMPANY, an Illinois corporation,
and
WHEREAS an offer has been made by Continental Casualty
Company, one of the Defendants in -said case, to pay to Indian
River County, the plaintiff, the sum of $28,000.00 in fullicomplete,
and final settlement of said case,
and
WHEREAS the Board Of County Commissioners of Indian River'
County, Florida, upon due consideration, Considers that it is
advisable and in the best interests of Indian River County, Florida,
to accept said settlement offer,
Now Therefore
HE IT RESOLVED by the Board of County Commissioners of
Indian River County, Florida, that it shall and does hereby approve
the full, complete and final settlement of the above case for the
sum of $28,000.00 to be paid to it by Continental Casualty Company.
BE IT FURTHER RESOLVED that the Chairman of the Board of
County Commissioners be and he Is hereby authorized to Oxocute on
behalf of Indian River County and the Board of County Commissioners:
of Indian River County such general releases as may be necessary
to consumate such settlement.
LAW OFFICES
COULD, CGOKSEY & FENNELL VCkO SEArN