Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: ESX-L-7856-15
Claimant: Valerie Faulk
Claimant's Attorney: Law Office of Forman, Cardonsky & Lawrence
Attorney's Address: 701 Westfield Avenue, Elizabeth, New Jersey 07208
Settlement Amount: $35,000.00
Funding Source: Insurance Trust Fund
Additional Comments:
Invitation: Acting Corporation Counsel
body
WHEREAS, Plaintiff, Valerie Faulk, instituted a suit in the Essex County Superior Court, captioned Valerie Faulk v. City of Newark, Docket No. ESX-L-7856-15, in which the plaintiff sought recovery for damages allegedly sustained on or about November 17, 2013, as a result of the alleged actions of the City of Newark; and
WHEREAS, a settlement proposal has been made to resolve this litigation in its entirety by agreeing to the terms of the Settlement Agreement and Release and by payment in the total amount of Thirty-Five Thousand Dollars and Zero Cents ($35,000.00) (“Settlement Sum”); and
WHEREAS, the Acting Corporation Counsel based upon all facts and circumstances presented, deems it is in the best interest of the City of Newark to resolve said matter by payment of the proposed Settlement Sum.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Acting Corporation Counsel is hereby authorized on behalf of the City of Newark to execute and accept the terms of the Settlement Agreement and Release, attached hereto.
2. Upon receipt by the Acting Corporation Counsel of all documents deemed necessary, the Director of Finance is hereby authorized and directed to issue payment in the amount of $35,000.00 (Thirty-Five Thousand Dollars and Zero Cents), which payment will be made jointly payable to “Law Office of Forman, Cardonsky & Lawrence. and Valerie Faulk”, and which payment will be mailed to Law Office of Forman, Cardonsky &Lawrence, 701 Westfield Avenue, Elizabeth, New Jersey 07208.
3. Annexed hereto is the Certification of Funds issued by the Director of Finance, City of Newark, which states that there are available sufficient legally-appropriated funds from Business Unit NW025, Dept. ID 25T, Division/Project 5T25 and Account #96320, in the amount of Thirty-Five Thousand Dollars and Zero Cents ($35,000.00) for the purpose set forth herein.
4. A copy of the Comptroller’s Certification shall be filed in the Office of the City Clerk along with this resolution by the Acting Corporation Counsel.
5. The Acting Corporation Counsel shall file a fully executed copy of the Settlement Agreement in the Office of the City Clerk.
6. This resolution shall be effective upon adoption in accordance with applicable State Law.
STATEMENT
This Resolution authorizes the Acting Corporation Counsel, on behalf of the City of Newark to enter into a Settlement Agreement and Release to settle civil litigation captioned Valerie Faulk v. City of Newark, Docket No. ESX-L-7856-15, in the amount of Thirty-Five Thousand Dollars and Zero Cents ($35,000.00), in exchange for Plaintiff’s dismissal of any and all claims against the City of Newark and its employees, and a complete release.