Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Pre-Suit Demand for Payment
Docket No.: None
Claimant: Soraida Peres, Inc.
Claimant's Attorney: William Enrique Agrait, Esq.
Claimant's Address: 44 Berkeley Avenue, Newark, New Jersey, 07104
Settlement Amount: $26, 842.01
Funding Source: City of Newark Budget, Department of Administration
Additional Comments:
Invitation:
body
WHEREAS, the City of Newark was in need of Technical and Management Assistance in connection with the Operation and Management of the City of Newark's Municipal Television Station as authorized by Resolution 7R1-a January 8, 2014, for an amount not to exceed $160,000.00 commencing on January 1, 2014 and terminating December 31, 2014, entered into a contract with Soraida Peres, Inc., 44 Berkeley Avenue, Newark, New Jersey 07104; and
WHEREAS, Soraida Peres, Inc., continued to provide services at the request of the City because the service was essential to protect the safety, health, welfare of its residents from January 1, 2015 through March 26, 2015; and
WHEREAS, Soraida Peres Inc. has demanded payment of outstanding monies due for services performed; and
WHEREAS, the parties agreed to settle the matter for the payment by the City of Newark of the sum of $26,842.01(Twenty Six Thousand Eight Hundred Forty Two Dollars and One Cent), in exchange for the execution of a Settlement Agreement and General Release ("Agreement") as a full and complete settlement of all Soraida Peres Inc.'s claims, including any claims for attorney's fees and cost for services provided; and
WHEREAS, the Agreement and release does not admit nor should it be construed as an admission of liability or violation of any law, statute or regulation or a breach of any duty by the City of Newark, its agents, officers and/or empl...
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