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6D(10) Confidential Settlement Agreement and Release
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6D(10) Confidential Settlement Agreement and Release
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7/21/2010 9:39:37 AM
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~ ~ ~ ~°~ <br />Community & Economic Development <br />~UTb ~, <br />o~ q~~i,ip~~ ~~ ~o <br />`~ ~~ ' ~~, <br />~, <br />~ 18 5 ~ <br />1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 ^ Phone 574/235-9371 ^ Fax 574/235- <br />9021 <br />To: Redevelopment C is ion <br />From: Ann Kolata <br />Subject: Approval of Confidential Settlement Agreement and Release <br />Date: July 19, 2010 <br />Our environmental attorneys have negotiated a Confidential Settlement Agreement and Release with <br />Lumbermens Mutual Casualty Company related to environmental claims made by the Commission <br />concerning the former Oliver Plow property. Lumbermens is willing to pay the Commission and the <br />City of South Bend an amount that has been approved by our Legal Department to settle this claim. <br />There are remaining claims against other insurers, but this agreement only covers Lumbermens <br />Mutual Casualty Company. I'm asking that you approve this Settlement. <br />Please contact me at 235-9374 or akolata(a~southbendin.gov if you have any questions. <br />
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