TITLE
Recommendation to authorize City Attorney to pay the sum of $727,500 in full settlement of lawsuit entitled City of Long Beach v. Harbor Insurance Co. et. al, Case No. BC326239.
DISCUSSION
This is to advise you that the City Attorney has finalized settlement of the lawsuit entitled, "City of Long Beach v. Harbor Insurance Co. et. al, Case #BC326239," pursuant to terms authorized by the City Council in closed session on January 3, 2006. Under the terms of this settlement, the City will receive a total of $727,500.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
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Respectfully submitted, |
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ROBERT E. SHANNON, City Attorney |
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