File #: 25-0239    Version: 1 Name: J.P. Chase Commercial Mortgage Securities Trust Valley View Mall
Type: Resolution Status: Adopted
File created: 2/17/2025 In control: Common Council
On agenda: 3/13/2025 Final action: 3/13/2025
Title: Resolution approving Settlement Agreement in the case of J.P. Chase Commercial Mortgage Securities Trust and the City of La Crosse, Wisconsin of La Crosse, La Crosse County Circuit Court Case No. 23-CV-016. (Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(g) to confer with legal counsel. Following such closed session, the Committees and/or Council may reconvene in open session.)
Sponsors: Mitch Reynolds
Attachments: 1. Resolution, 2. Settlement Agreement, 3. Staff Report

Title

Resolution approving Settlement Agreement in the case of J.P. Chase Commercial Mortgage Securities Trust and the City of La Crosse, Wisconsin of La Crosse, La Crosse County Circuit Court Case No. 23-CV-016. (Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(g) to confer with legal counsel. Following such closed session, the Committees and/or Council may reconvene in open session.)

Fiscal Note

$266,887 from Unassigned general fund balance.  Charge back funds received shall be returned to the same fund.