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HomeMy WebLinkAbout2010-922-10/11/2010RESOLUTION NO. 2010-922 RESOLUTION APPROVING RELEASE CLAIM FOR DC CORPORATION OF WATERLOO, IOWA, IN THE AMOUNT OF $25,000.00, AND DIRECTING EXECUTION OF SAID RELEASE CLAIM BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA: That payment of $25,000.00 fully releases and forever discharges DC Corporation from any and all causes of action that the City has or may have, including any claims for injury to others, arising out of DC Corporation's acts or omissions in damaging the City's traffic signal loops, conduits and electrical facilities during excavation in the vicinity of Park Avenue and Bluff Street on or about May 6, 2009 when the accident occurred, and the Mayor and City Clerk are hereby authorized to execute. said Release Claim on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED thi.s 11th day of October, 2010. J4estG. Clark, Mayor ATTEST: r' Suzy Sc ares, CMC City Clerk