acknowledged, the parties hereto agree as follows:
<br />The recitals set forth herein form a material part of this Agreement. This
<br />Agreement does not constitute an admission of fact or liability by any of the parties
<br />hereto.
<br />2. Without any admission of liability by CITY or LEON, CITY agrees to pay
<br />to LEON, within thirty (30) days after this Agreement has been executed by all parties,
<br />including receiving any necessary approvals by the CITY's Commission, a total sum of
<br />$1,500.00, in full, complete and final satisfaction of any and all claims that LEON has or
<br />may have against the CITY, including any and all attorney's fees and costs, excepting
<br />LEON's claim for the balance of amounts owed to it by Contractor for work and/or
<br />materials supplied by Leon on the Project from the remainder of contract funds that CITY
<br />has sought to interplead into the Court Registry.
<br />3. The CITY and LEON hereby remise, release, acquit, satisfy and forever
<br />discharge each other of and from all, and all manner of action and actions, cause and
<br />causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills,
<br />specialties, covenants, contracts, controversies, agreements, promises, variances,
<br />trespasses, damages, judgments, executions, claims and demands whatsoever, that are or
<br />could have been brought in the Lawsuit or in any proceeding relating to the Project at
<br />issue, including but not limited to any claims in law or in equity, which either party ever
<br />had, now have, or which any trustee, personal representative, successor, heir or assign of
<br />either party, hereafter can, shall or may have, against any other party and/or insurer,
<br />including any statutory claims, claims for attorneys' fees or other claim for, upon or by
<br />reason of any matter, cause or thing whatsoever, known or unknown, from the beginning
<br />
|