Loading...
1268RESOLUTION NO . ~ a 6$ A RESOLUTION APPROVING THE STIPULATION FOR SETTLEMENT OF THE LAWSUITS STYLED CITY OF MARION VS. CITY OF WEST MEMPHIS, CITY OF WEST MEMPHIS VS. CITY OF MARION, AND THOMAS B. GOLDSBY, JR., VS. CITY OF WEST MEMPHIS, AND AUTHORIZING THE MAYOR AND THE CITY ATTORNEY TO EXECUTE THE NECESSARY DOCUMENTS TO ENTER INTO A SETTLEMENT AS SET OUT IN THE STIPULATION FOR SETTLEMENT. WHEREAS, the City of West Memphis, the City of Marion and Thomas B. Goldsby, Jr., have been and will continue to be engaged in protracted, expensive litigation in the Circuit Court of Crittenden County, Arkansas, styled City of Marion vs. City of West Memphis, No. CIV-90-470; City of West Memphis vs. City of Marion, No. CIV-90-471; and Thomas B. Goldsby, Jr., vs. City of West Memphis, No. CIV-90-472; and WHEREAS, all of the parties to the pending litigation have negotiated a Stipulation for Settlement to establish the new boundaries of the City of West Memphis and the City of Marion, to resolve all issues of the pending litigation and to authorize dismissal of the pending litigation; and WHEREAS, the City Council of the City of West Memphis, Arkansas, finds that it is in the best interest of the City of West Memphis to approve the Stipulation for Settlement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT the Stipulation for Settlement is hereby approved and the Mayor and the City Attorney are hereby authorized to execute any and all necessary documents to effectuate a settlement of the pending litigation as set out in the Stipulation for Settlement. ADOPTED this 7th day of November, 1991. K ITH M. INGRAM, M r ATTEST: DAN CRAFT, C~~/ Cl SPONSORED BY: