Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: ESX-L-42-10
Claimant: Ronald Ragin
Claimant's Attorney: Ronald Gutwirth, Esq.
Attorney's Address: 80 Main Street, Suite 130, West Orange, New Jersey 07052
Settlement Amount: $375,000.00
Funding Source: Insurance Trust Fund
Additional Comments:
Invitation: Corporation Counsel, August 2, 2016
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WHEREAS, Plaintiff, Ronald Ragin, instituted a suit in the Essex County Superior Court captioned Ragin v. Herran et al., Docket No. ESX-L-42-10, in which the plaintiff sought recovery for damages allegedly sustained on December 27, 2007, as a result of the actions of the City of Newark; and
WHEREAS, a settlement proposal has been made to resolve this litigation in its entirety by payment in the total amount of Three Hundred Seventy Five Thousand Dollars and Zero Cents ($375,000.00) ("Settlement Sum"); 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 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 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 Corporation Counsel of all documents deemed necessary, the Director of Finance is hereby authorized and directed to issue payment in the amount of $375,000.00 (Three Hundred Seventy Five Thousand Dollars and Zero Cents), which payment will be made jointly payable to "Ronald Ragin and Ronald M. Gutwirth, Esq." and which payment will be mailed to Ronald M. Gutwirth, Esq. 80 Main Street, Suite 130, West Orange, New Jersey 07052.
3. Annexed hereto is the Certification of Funds issued by the Director of Finance, City of ...
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