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HomeMy WebLinkAboutResolutions - No. 3658RESOLUTION NO. 3658 BE IT RESOLVED by the City Council of the City of Lodi; Section 1. That the Settlerrent Agreement dated March _ 1972, entered into on behalf of the City of Lodi by its counsel is hereby authorized, approved and ratified. Section L. That Henry A. Claves, 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 26, 1972 I hereby certify that Resolution No. 3658 was passed and 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 FINAL RELEASE FOR VALUABLE CONSIDERATION, the receipt of which is hereby acknowledged. the Citv of Lodi acting by and through its duly authorized undersigned officer, does hereby release and discharge Witco Chemical Corporation and Robert L. Feldman, and each of them, and the present and former officers, directors, employees, agents, attorneys, subsidiaries, affiliates, and successors of each, including Golden Bear Oil 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 Stats of California, et al. v, Standard Oil Company of California, 2. All claims and demands based upon monopolization, attempt to monopolize, conspiracy to monopolize, conspiracy 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. 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. Attorney Executed this 26th day of July , 1972. CITY OF LODI Henry A. Glaves, City Manager By Its Duly Authorized Officer 2