Number
R_12952
Version
Original
Reference
Sponsor
The Chair
Title
Resolution approving the Housing Authority of the City of Milwaukee and the limited liability companies of which the Authority is the managing member to enter into a Settlement Agreement in "Housing Authority of the City of Milwaukee, et al., plaintiffs v. Zimmerman Design Group, Inc., et al., defendants," Milwaukee County Circuit Court Case No. 12CV11532
Analysis
Body
On October 18, 2012 the Housing Authority filed a certain Complaint, Case No. 12CV011532 in Milwaukee County Circuit Court against the following defendants: Zimmerman Design Group., Inc. Zurich-American Insurance Company, Gilbane Building Company, and Liberty Mutual Fire Insurance Co; and
WHEREAS, the Complaint concerned design and building defects in the construction and design of the Convent Hill condominium building; and
WHEREAS, the Complaint was amended to include other parties as defendant; and Convent Hill Gardens Limited Partnership, Convent Hill LLC, Convent Hill Retail, LLC, FOH, LLC were added as plaintiffs; and
WHEREAS, after lengthy discovery and litigation, the parties have engaged in a mediation process now resulting in a proposed settlement agreement; and
WHEREAS, the proposed settlement will result in a construction agreement wherein the defendants will perform certain work on the façade and interior of Convent Hill to correct major portions of the alleged design and building defects and resolve disputed issues of building code compliance, and
WHEREAS, the proposed settlement will provide the payment of $700,000 in cash to be divided between the plaintiffs as mutually agreed upon in a memorandum of understanding; and
WHEREAS, the material terms of the proposed settlement have been reviewed by the Commissioners of the Housing Authority of the City of Milwaukee; therefore be it
RESOLVED, by the Commissioners of the Housing Authority of the City of Milwaukee that the proposed Settlement Agreem...
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