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• <br /> 1 - r <br /> RESOLUTION NO. 14 V <br /> RESOLUTION APPROVING THE SETTLEMENT OFFER <br /> OF INTERNATIONAL SURPLUS LINES INSURANCE COMPANY <br /> IN THE MATTER OF LAW NO. CL 046 27005 AND <br /> AUTHORIZING THE MAYOR AND CITY CLERK TO <br /> EXECUTE ON BEHALF OF THE CITY OF CLIVE <br /> THE RELEASE RELATING THERETO <br /> WHEREAS, the City of Clive, Iowa has filed an action in the <br /> Iowa District Court for Polk County seeking recovery from Inter- <br /> national Surplus Lines Insurance Company (Law No. CL 046 27005); <br /> and <br /> WHEREAS, International Surplus Lines Insurance Company has of- <br /> fered the amount of $7,000.00 to the City of Clive in full settle- <br /> ment of the above said claim; and <br /> WHEREAS, the City Council of the City of Clive desires to <br /> accept said settlement offer as in the best interests of the City. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF CLIVE, IOWA: <br /> That the settlement offer of International Surplus Lines Insur- <br /> ance Company of $7,000.00 in the matter of the City of Clive <br /> vs. International Surplus Lines Insurance Company (Law No. CL <br /> 046 27005) be and is hereby approved and accepted and the Mayor <br /> and City Clerk are hereby authorized and directed to execute <br /> the Release, a copy of which is attached hereto and by this <br /> reference made a part hereof. <br /> PASSED AND APPROVED this 19th day of January, 1984. <br /> trit 4)1 <br /> O. Ma d:x, Mayor <br /> ATTEST: <br /> • <br /> r � - <br /> Marjorie S Lee, City Clerk <br /> • <br />