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10-2133 Settlement Agreement with Leon & Son Sod Company
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10-2133 Settlement Agreement with Leon & Son Sod Company
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7/28/2010 11:21:35 AM
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7/28/2010 11:21:16 AM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
4/26/2010
Doc Number
10-2133
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of the world to the day of these presents. <br />4. CITY and LEON agree that LEON may continue to pursue recovery of the <br />balance of amounts owed to it by Contractor for work and/or materials supplied by LEON <br />on the Project from the remainder of contract funds that CITY has sought to interplead <br />into the Court Registry. <br />5. LEON further agrees and does hereby assign to CITY all of LEON's <br />rights, causes of action, whether at law or in equity, and claims up to the settlement <br />amount paid by CITY to LEON pursuant to this settlement agreement, that LEON may <br />have against Contractor, in any way relating to or arising from the intersection median <br />improvements on 17-921ocated within the City of Casselberry, including but not limited <br />to, a contract action arising from LEON's contract with Contractor. This constitutes a <br />general assignment to CITY of all rights, causes of action, whether at law or in equity, <br />and claims that LEON may have against Contractor, in any way relating to or arising from <br />the intersection median improvements on 17-921ocated within the City of Casselberry, up <br />to the settlement amount paid by CITY to LEON pursuant to this settlement agreement. <br />6. Each of the signatories hereto represents and warrants that he, she or it and <br />the panty on behalf of which such signatory has signed below has full power and authority <br />to enter into this Agreement. <br />7. This Agreement shall be binding upon and inure to the benefit of its <br />employees, officers, directors, executors, administrators, personal representatives, heirs, <br />successors and assigns of each party. <br />8. In entering into this Agreement, the parties represent that they have relied <br />upon the legal advice of their attorneys, who are the attorneys of their own choice, and <br />
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