File #: 17-2109    Version: 1 Name: Settlement - Forest Lodge
Type: Resolution Status: Adopted
File created: 12/5/2017 In control: Law
On agenda: 12/27/2017 Final action: 12/27/2017
Title: Dept/ Agency: Law Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Settlement of Civil Litigation Docket No.: SOM-L-596-17 Claimant: Forest Lodge, LLC. Claimant's Attorney: Orloff, Lowenbach, Stifelman, & Seigel, P.A. Attorney's Address: 101 Eisenhower Parkway, Suite 400, Roseland, New Jersey 07068-1097 Settlement Amount: $96,665.27 Funding Source: Insurance Trust Fund Additional Comments: Invitation: Corporation Counsel, December 27, 2017
Sponsors: Council of the Whole
Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: SOM-L-596-17
Claimant: Forest Lodge, LLC.
Claimant's Attorney: Orloff, Lowenbach, Stifelman, & Seigel, P.A.
Attorney's Address: 101 Eisenhower Parkway, Suite 400, Roseland, New Jersey 07068-1097
Settlement Amount: $96,665.27
Funding Source: Insurance Trust Fund
Additional Comments:
Invitation: Corporation Counsel, December 27, 2017
body

WHEREAS, Plaintiff, Forest Lodge, LLC, instituted a suit in the Somerset County Superior Court, captioned Forest Lodge, LLC v. City of Newark, Docket No. SOM-596-17, in which the Plaintiff sought recovery for damages allegedly sustained on or about July 9, 2016, as a result of the alleged actions of the City of Newark; and

WHEREAS, a settlement proposal, in the form of a Settlement Agreement and Release, has been made to resolve this litigation in its entirety by payment in the total amount of Ninety-Six Thousand Six Hundred Sixty-Five Dollars and Twenty-Seven Cents ($96,665.27) ("Settlement Sum"); and

WHEREAS, the Acting Corporation Counsel based upon all facts and circumstances presented, deems it in the best interest of the City of Newark to resolve said matter by executing the Settlement Agreement and Release and by payment of the proposed Settlement Sum.

NOW, THEREFORE, BE IT RESOLVED BY 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 $96,665.27 (Ninety-Six Thousand Six Hundred Sixty-Five Dollars and Twenty-Seven Cents), which payment will be made jointly payable to the Orloff, Lowenbach, Stifelman...

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