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HomeMy WebLinkAboutRESOLUTION - 104-80 - 10/28/1980 - C.B. CONSTRUCTION/RELEASE OF CLAIMRESOLUTION NO. 104-80 A RESOLUTION AUTHORIZING THE VILLAGE PRESIDENT AND VILLAGE CLERK TO EXECUTE A RELEASE BETWEEN THE VILLAGE OF ELK GROVE AND C. B. CONSTRUCTION COMPANY BE IT RESOLVED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, as follows: Section 1: That the Village President and Village Clerk are hereby authorized to execute a Release to the C. B. Construction Company, a copy of which is attached hereto and by this reference incorporated herein. Section 2: That this Resolution shall be in full force and effect from and after its passage and approval according to law. VOTES: AYES: 4 NAYS: 0 ABSENT: 2 PASSED this 28th day of October 1980. APPROVED this 28th day of October 1980. APPROVED: Charles J. Zettek Village President ATTEST: Fay M. Bishop Village Clerk R E L E A S E WHEREAS, the plaintiff RONALD JOHN SANDERS, has accepted the total sum of $750,000.00 plus the waiver of an outstanding Workmen's Compensation lien of $109,290.26 in settlement of any and all claims he has arisinz out of an accident which occurred on or about September 26, 1978 at or near Brantwood St., Elk Grove Village, Illinois in which said RONALD JOHN SANDERS received serious personal injuries, and WHEREAS, EMPLOYERS INSURANCE OF WAUSAU has paid the sum of $600,000.00 and has waived its outstanding Workmen's Compensation lien of $109,290.26 on behalf of third -party defendant C. B. CONSTRUCTION CO. as and for C. B. CONSTRUCTION COMPANY'S share of the total settlement: THE VILLAGE OF ELK GROVE hereby releases C. B. CONSTRUCTION CO. from any and all claims and liabilities which it has, or may have in the future, against said C. B. CONSTRUCTION CO. as a result of the accident involving RONALD JOHN SANDERS which occurred on or about September 26, 1978 at or near Brantwood St., Elk Grove Village, Illinois. by: Witness: Dated: VILLAGE OF ELK GROVE, a Municipal Corporation