File #: 20-0741    Version: 1 Name: Sears Settlement Agreement
Type: Resolution Status: Adopted
File created: 5/29/2020 In control: Common Council
On agenda: 7/9/2020 Final action: 7/9/2020
Title: Resolution approving Settlement Agreement in the cases of Sears Holdings Corporation v. City of La Crosse, La Crosse County Circuit Court Case Nos. 15-CV-340 and 19-CV-368. Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(g) to confer with legal counsel and Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters. Following such closed session, the Committees and/or Council may reconvene in open session.
Sponsors: Tim Kabat
Attachments: 1. Agreement - Fully Executed, 2. Resolution, 3. Settlement Agreement, 4. Dir Finance Ltr 7.1.2020

Title

Resolution approving Settlement Agreement in the cases of Sears Holdings Corporation v. City of La Crosse, La Crosse County Circuit Court Case Nos. 15-CV-340 and 19-CV-368.

Note:  The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(g) to confer with legal counsel and Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters.  Following such closed session, the Committees and/or Council may reconvene in open session.

Fiscal Note

$184,258.89 - Reserve Account