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EEVERETT 2 <br /> Project title: Settlement Agreement with U.S.Golden Eagle Farms LP and Golden Eagle Farms Ltd <br /> City Council Agenda Item Cover Sheet <br /> Council Bill#interoffice use Consideration: Approve Settlement Agreement <br /> Project: Settlement of Litigation <br /> Agenda dates requested: Other Parties : U.S.Golden Eagle Farms LP and Golden Eagle Farms Ltd <br /> March 25,2020 Location: LowellLarimer Road <br /> Briefing Preceding action: Authorization of Lawsuit <br /> Proposed action Fund: None ' <br /> Consent X <br /> Action <br /> Ordinance <br /> Public hearing Fiscal summary statement: <br /> Yes ' x No None <br /> Budget amendment: Project summary statement: <br /> Yes x No <br /> In 2017,the abutting owners excavated a new drainage ditch near Lowell-Larimer <br /> PowerPoint presentation: Road. Soon thereafter,a portion of the road collapsed partially. City Council authorized <br /> Yes x No a lawsuit against the owners in late 2019. Under the proposed agreement,the owners <br /> and their insurer will pay about$213,660.90 in exchange for the City releasing the road <br /> Attachments: damage claim. <br /> Settlement Agreement <br /> Department(s)involved: <br /> Public Works,Legal <br /> Contact person: <br /> Tim Benedict <br /> Phone number: <br /> 425.257.8669 <br /> Email: <br /> TBenedict@everettwa.gov <br /> Recommendation(exact action requested of Council): <br /> Authorize the Mayor to Sign Settlement Agreement with U.S.Golden Eagle Farms LP and <br /> Initialed by: Golden Eagle Farms Ltd <br /> Department head <br /> Administratio <br /> Council resident <br /> 3 <br />