HomeMy WebLinkAboutResolutions - No. 3656RESOLUTION NO. 3656
BE IT RESOLVED by the City Council of the City of Lodi;
Section 1. That the Settlement Agreement dated
1972, entered into on behalf of the City of Lodi by its counsel is hereby
authorized, approved and ratified.
Section 2. That Henry A. Glaves, City Manager, be and he is
hereby authorized to execute and deliver the Final Release approved by
its counsel (Exhibit C to the Settlement Agreement).
Dated: July Z6, 1972
I hereby certify that Resolution No. 3656 was passed
and adopted by the City Council of the City of Lodi in an
adjourned regular meeting held July 26, 1972 by the following
vote:
Ayes: Councilmen - HUGHES, KATNICH, PINKERTON,
SCHAFFER and EHRHARDT
Noes: Councilmen - None
Absent: Councilmen - None
easie L. Bennett
City Clerk
36.cc.
FINAL RELEASE
FOR VALUABLE CONSIDERATION, the receipt of which
is hereby acknowledged, the City of Lodi
acting by and through its duly authorized undersigned officer,
does hereby release and discharge Edgington Oil Company, and
the Present and forme#. officers, directors, employees, agents,
attorneys, subsidiaries, affiliates, and successors of such
Company, from any and all claims and demands of whatever
nature, .anticipated or unanticipated, known or unknown, as
indicated below:
1. All claims and demands based in whole or in
part on the facts, or any of them, asserted in the complaint
or other pleadings, records or documents in the case of
The State of California, et at., v. Standard al Company of
_lifnrnin
2. All claims and demands based upon monopoliza-
tion, attempt to monopolize, conspiracy to monopolize, con-
spiracy or combination in restraint of trade, and unfair
competition, in connection with the manufacture, marketing
and sale of liquid asphalt up to and including the date of
this release.
3. Any and all claims and demands arising out of,
or by virtue of, any alleged violations of the laws or regula-
tions of the United States Government, or any agency thereof,
or the laws of any of the several states or political divisions
thereof, or any agency thereof, in connection with the manu-
facture, marketing and sale of liquid asphalt up to and
including the date of this release.
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EXHIBIT C
This release is not intended to and does not release
or in any way narrow any claims against any other person or
entity, including any other defendant named in the case cited
above.
Executed this 26th day of Julv , 1972.
CITY OF LODI
Henry A. Glaves. City Manager
By
Attorney
Its Duly Authorized Officer
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