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CC Resolution 1998-081^ T RESOLUTION NO.98-61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA AUTHORIZING SETTLEMENT AUTHORITY TO THE CITY MANAGER FOR THE CASE LA QUINTA ET AL VERSUS REVCO CASE NO. CV92-7626RJK WHEREAS, the City Council of the City of La Quinta, California and Revco are interested in negotiating a settlement to the case La Quinta et al V. Revco Case No. CV92-7626RJK; and WHEREAS, it is determined by the Council to be in the best interest of the City to expedite the approval of a settlement within the authorization amount given to the City Manager without the necessity of returning to the Council. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LA QUINTA DOES HEREBY RESOLVE AS FOLLOWS: 1. The City Manager Thomas P. Genovese is authorized to execute on behalf of the City a settlement agreement between Revco and the City of La Quinta for Case No. CV92-7626RJK within a preauthorized amount and approved as to form by special litigation counsel and the City Attorney. The foregoing Resolution was approved and adopted at a meeting of the City Council held on this 20th day of July, 1 998 by the following vote: AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pena NOES: None ABSENT: None ABSTAIN: None JOH4*'*N'.PENlA##H City of La Quinta, California BIB] 09-25-1998-U01 10:43:23AM-U01 ADMIN-U01 CCRES-U02 98-U02 81-U02 ^ TResolution No* 98--Bi Adopted. 7/20198 Page 2 City of La Quinta, California APPROVED AS TO FORM: DAWN C. H City of La Quinta, California BIB] 09-25-1998-U01 10:43:23AM-U01 ADMIN-U01 CCRES-U02 98-U02 81-U02