Number
130863
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing settlement of the lawsuit entitled Whitley Bay Marina, Inc. v. City of Milwaukee, for the total amount of $4,000, inclusive of all statutory interest.
Analysis
This resolution authorized settlement of the lawsuit of Whitley Bay Marina, Inc. v. City of Milwaukee, Case No. 09CV9876, in the total amount of $4,000, inclusive of all statutory interest.
Body
Whereas, The plaintiff filed a Wis Stat. § 74.37 lawsuit against the City of Milwaukee, Case No. 09CV9876, for allegedly excessive assessments of its property for tax years 2007, 2009, and 2010; and
Whereas, The plaintiff claimed damages of approximately $100,000 across all tax years; and
Whereas, The parties entered into a settlement agreement, to settle the above-referenced lawsuit, for the total amount of $4,000.00, inclusive of all statutory interest; and
Whereas, The court dismissed the above-noted action on or around June 18, 2012, based upon the parties’ agreed-upon settlement; and
Whereas, The City Attorney and the Commissioner of Assessments recommend and the Common Council of the City of Milwaukee deems it expeditious and just to settle this lawsuit, now therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the proper City officers be and hereby are authorized and directed to issue a City check in the amount of $4,000, inclusive of all statutory interest, payable to the Michael, Best & Friedrich LLP Trust Account, in full and final settlement of this lawsuit, said amount to be charged to the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300; and, be it
Further Resolved, That for and in consideration of the above-referenced payment, plaintiff and its attorneys provided the City a release of any and all claims arising out of or in any way related to these tax assessments and the court issued an order dismissing the above-noted court action on or ...
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