CITY COMMISSION AGENDA ITEM

Department:	City Attorney’s Office		Commission Meeting Date:  April 18, 2017
Staff Contact:	Toni R. Wheeler, City Attorney
Recommendations/Options/Action Requested:
Authorize the Mayor to execute a Settlement Agreement and Mutual Release in substantially the form of the attached agreement resolving the lawsuit, City of Lawrence, Kansas v. Thomas Fritzel, Oread Inn, LC, Oread Wholesale, LC, DFC Company of Lawrence, LC, and John Doe 1-12, Case No. 16-cv-2800, if appropriate.  Authorize the Mayor to execute the First Amendment to the 12^th & Oread Tax Increment Financing District Redevelopment Agreement, in substantially the form of the attached First Amendment, if appropriate.
Executive Summary:		The proposed Settlement Agreement and Proposed First Amendment to the Redevelopment Agreement relate to a pending lawsuit, City of Lawrence, Kansas v. Thomas Fritzel, et al., Case No. 16-cv-2800.  For more information, see the staff memo.
Strategic Plan Critical Success Factor		Effective Governance/Professional Administration Sound Fiscal Stewardship
Fiscal Impact (Amount/Source):		Under the terms of the settlement, the City will receive a settlement payment of $650,000.00 from the defendants.  The City incurred legal and accounting fees related to this matter.  The City Attorney’s budget has sufficient funds to cover those costs.
Attachments:		Proposed Settlement Agreement Proposed First Amendment to the Redevelopment Agreement Staff Memo & Attachments Frequently Asked Questions and Answers Regarding Settlement

Reviewed By: (for CMO use only)

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