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1996-026 SAS Vending Stipulation Settlement• RESOLUTION No. 26-96 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND VILLAGE CLERK TO ENTER INTO A WRITTEN STIPULATION FOR SETTLEMENT OF COMPLAINT AND COUNTERCLAIM IN THAT CERTAIN LAWSUIT DESIGNATED AS SAS VENDING AND LEASING CO., INC., A FLORIDA CORPORATION, PLAINTIFF, VS. VILLAGE OF NORTH PALM BEACH, DEFENDANT, CASE NUMBER CL 95-7630 AD, WHICH STIPULATION IS ATTACHED AS EXHIBIT "A"; AND, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village Council of the Village of North Palm Beach, Florida is desirous of entering into a written Stipulation • for Settlement of Complaint and Counterclaim attached as Exhibit "A" for the purposes of finalizing and settling that certain lawsuit designated as SAS Vending & Leasing Co., Inc., a Florida corporation, Plaintiff, vs. Village of North Palm Beach, Defendant, Case No. CL 95-7630 AD; and WHEREAS, Florida Statute 164.106 requires that a public hearing be held prior to settlement of a lawsuit being effectuated and a public hearing was held on April 11, 1996, prior to enactment of this Resolution. BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1. The Village Council of the Village of North • Palm Beach, Florida, does hereby approve the Stipulation for Settlement of Complaint and Counterclaim attached as Exhibit "A" in that certain action designated as SAS Vending & Leasing Co., Inc., • a Florida corporation, Plaintiff, vs. Village of North Palm Beach, llefendant, Case No. 95-7630 AD. Section 2. The Mayor and Village Clerk are hereby authorized and directed to execute the said Stipulation for Settlement of Complaint and Counterclaim set forth in Exhibit "A" for an on behalf of the Village of North Palm Beach. Section 3. This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 11th DAY OF Apr11 1996. • (Village Seal) ~~~2%r/~~n-j•~. MAYOR • ~',.. ~ _ C11PRlE5 PIQJTT FAX 14076424972 PAGE 03 SAS VENDING 6 LEASING CO., INC., a Florida corporation, Plaintiff, vs. VILLAGE OF NORTH PALM BEACH, a municipality, Defendant. IN THE CIRCUIT COURT OF THE FIFTEENTH JUDICIAL CIRCUIT OF FLORIDA, IN AND FOR PALM BEACH COUNTY. CIVIL DIVISION CASE NO: CL 95-7630 AD $~'IPULATION FOR 8&TTLEMSNT OF CODSBIIATNT AND CO ERCLAIN COME NOW, SAS VENDING & LEASING CO.. INC.. a Florida corporation, hereinafter "SAS!', and VILLAGE OF NORTH PALM SERCH, a municipality, hereinafter ^NPS", who stipulate as follows: i. SAS and NPB,peve agreed ettle this claim with NPB ~/3~'.tSa• ~ paying 6AB the oum of $33T9~99.-48. n or before April 22, 199E. 2. SAS agrees that NPB shall have until April 15, 1996 to exeouta this settlement wgro®mont. 8716 ayrerq that Lhiu nestt leau.n ut is not binding on NP8 until, and unless, it ie executed by the Mayor of NPB and the village Clerk. 3. If this agreement is not executed by NPB on or before April 15, 1.556, then it shall be of no further force and effect and the parties shall proceed with the litigation. 4. If NPB executes this stipulation, the parties request rhar. r.h., C~„rr. rnrai~ j~,riadi.rtion of the matter to enforce the terms and conditions of this agreement and upon performance of the terms and oonditione of this Stipulation that the Court would ontor w CHF{tLES P I p7TT FiY: 140"78424972 PRCiE 04 an Order dismissing SAS' Complaint and NPA'e Counterclaim with prejudice, with each party bearing their own costs and attorney fees. 5. Upon full performance of this agreement the partlea agree to exchange reciprocal general releases. SAS VENDING & LEASZNG CO., INC. VILLAGE OF NORTH DALM HfiACH, a Florida cur ura~i i a wu~iiuipellfy t o Ste c .sentative Mayor Date: C~ 9 ante: April 11, 1996 ~~ llage Clerk Date: April 11, 1996