Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: ESX-L-4508-18
Claimant: Nasir Sharif, Guardian Ad Litem of Y.S., a minor
Claimant's Attorney: Bendit Weinstock, P.C., 80 Main Street, West Orange, New Jersey 07052
Settlement Amount: $125,000.00
Funding Source: Insurance Trust Fund
Additional Comments:
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WHEREAS, Plaintiff, Nasir Sharif, Guardian Ad Litem of Y.S., a minor, instituted a suit captioned Nasir Sharif, Guardian Ad Litem of Y.S. v. City of Newark et al., Docket No.: ESX-L-4508-18, in which the Plaintiff sought recovery for personal injuries, as a result of a dangerous condition of public property; and
WHEREAS, a settlement proposal has been made to resolve this litigation in its entirety by execution of the attached Settlement Agreement and Release, and payment in the total amount of One Hundred Twenty-Five Thousand Dollars and Zero Cents ($125,000.00) ("Settlement Sum"); and
WHEREAS, to avoid the costly expense of litigation, the Parties and the City's Corporation Counsel desire to amicably resolve this matter with payment by the City of Newark in the total amount of One Hundred Twenty-Five Thousand Dollars and Zero Cents ($125,000.00), in exchange for Plaintiff's execution of the Settlement Agreement and Release (attached) as a full and complete release of the matter; and
WHEREAS, the 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 execution of the Settlement Agreement and Release and payment of the proposed Settlement Sum.
NOW, THEREFORE, BE IT RESOLVED BY MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Corporation Counsel is authorized on behalf of the City of Newark, to enter into, execute and accept the terms of the Settlement Agreement and Release, attached hereto. ...
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