...Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Settlement of Civil Litigation
Docket No.: Not Applicable
Claimant: Spruce Industries, Inc.
Claimant's Attorney: CSG LAW
Settlement Amount: $105,853.68
Funding Source: Insurance Trust Fund
Additional Comments:
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WHEREAS, the Municipal Council by Ordinance 6PSF-F adopted on August 5, 2020 granted authority to the Corporation Counsel to settle any claim for a sum not to exceed $44,000.00 without the approval of the Municipal Council; and
WHEREAS, the claimant named above, Spruce Industries, LLC., provided janitorial supplies to the City of Newark; and
WHEREAS, a settlement proposal has been made to resolve this claim in its entirety by payment in the total amount of ($105,853.68 ) ("Settlement Sum"), and execution of a Settlement Agreement and Release; and
WHEREAS, there remains no outstanding balance for the goods provided to the City of Newark from October 2023 through November 2023; 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 the Settlement Sum, 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 surrounding the matter, deems it is in the best interest of the City to resolve this matter by payment in the amount set forth above; and
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. Upon receipt by the Corporation Counsel of the fully executed Settlement Agreement, the Assistant Director of the Department of Finance is hereby authorized and directed to issue payment in the amount of ($105, 853.68) which payment will be made payable to Spruce Industries Inc.,759 E Linc...
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