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Agenda 07/22/2008 Item #16K13Agenda Item No. 16K13 July 22; 2008 Page 1 of 8 EXECUTIVE SUMMARY For the Board of County Commissioners to Consider Approving a Settlement Agreement in Lucky, M.K., Inc. v. Collier County and Jim Coletta, Case No. 07- 0958 -CA, now pending in the Twentieth Judicial Circuit in and for Collier County, Florida, authorize the Chairman to execute the Agreement, and approve the necessary budget amendment. OBJECTIVE: For the Board of County Commissioners to Consider Approving a Settlement Agreement in Lucky, M.K., Inc. v. Collier County and Jim Coletta Case No. 07- 0958-CA, now pending in the Twentieth Judicial Circuit in and for Collier County, Florida, authorize the Chairman to execute the Agreement and approve the necessary budget amendment. CONSIDERATIONS: The Developer of Green Heron filed a lawsuit on March 29, 2007, for inverse condemnation; damages; and for a writ of mandamus. The developer tried to compel the issuance of Certificate of Occupancy for several remaining condominiums, that the County was holding due to unmet requirements in the DRI. The Court ruled the Plaintiff had no "clear legal right' to have Certificates of Occupancy issued. A dispute regarding the requirements of the Developer to pay monies over and above initial impact fees and permitting fees in order to obtain its Certificates of Occupancy and alleged damages remained. In June 18, 2007, the Developer posted a $434,659.79 Letter of Credit while the parties attempted settlement and mediation was held in May 7, 2008. An Agreement has been reached by the Plaintiff and the County (attached hereto as Exhibit "A "). Under the terms of this Agreement, the Plaintiff will make a cash payment to the County of $150,000.00. Upon receipt of the payment and execution of the Agreement, the Letter of Credit will be withdrawn, and the Plaintiff will file a Notice of Voluntary Dismissal With Prejudice, dismissing the referenced lawsuit. FISCAL IMPACT: The settlement offer amounts to $150,000.00, which will be revenue deposited into the Transportation Division. A budget amendment is needed to recognize funds in the amount of $150,000.00 being received from Developer for their fair share of improvements associated with the PUD for Green Heron and appropriated within the PUD Monitoring Project (69124) with in the Transportation Supported Gas Tax Fund. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: Due to the late discovery, the relative equities involved, and the complexity of the case, the County Attorney Office is recommending approval of this Settlement Agreement. Both the Office of the County Attorney and Transportation Administrator opine that settlement in the sum of $150,000.00 is reasonable and cost effective under all the circumstances. RECOMMENDATION: That the Board of County Commissioners approve the attached Settlement Agreement in Lucky, M.K.. Inc. v. Collier County and Jim Coletta Case No, 07- -- 0958 -CA, now pending in the Twentieth Judicial Circuit in and for Collier County, Florida, authorize the Chairman to execute the Agreement and approve the necessary budget amendment. PREPARED BY: Jacqueline Williams Hubbard, Litigation Section Chief Page 1 of 2 Agenda Item No. 16K13 July 22, 2008 Page 2 of 8 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: 16K13 Item Summary: For the Board of County Commissioners to Consider Approving a Settlement Agreement in Lucky, M.K., Inc. v. Collier County and Jim Coletta, Case No 07- 0958 -CA, now pending in the Twentieth Judicial Circuit in and for Collier County, Florida, and authorize the Chairman to execute the Agreement. Meeting Date: 7/22/2008 9:00.00 AM Prepared By Jacqueline W. Hubbard Assistant County Attorney Date County Attorney County Attorney Office 7/9/2008 1:38:59 PM Approved By Scott R. Teach Assistant County Attorney Date County Attorney County Attorney Office 7/9/2008 4:44 PM Approved By Community Development & Joseph K. Schmitt Environmental Services Administrator Date Community Development & Community Development & Environmental Services Environmental Services Admin. 71912006 6:15 PM Approved By Norm E. Feder, AICP Transportation Division Administrator Date Transportation Services Transportation Services Admin. 7/1012008 7 :26 AM Approved By Nick Casalanguida MPO Director Date Transportation Services Transportation Planning 7110/2008 8:55 AM Approved By Sharon Newman Accounting Supervisor Date Transportation Services Transportation Services Admin 7/10/2008 9:39 AM Approved By OMB Coordinator OMB Coordinator Date County Manager's Office Office of Management & Budget 7110,2008 10:22 AM Approved By John A. Yonkosky Director of the Office of Management Date County Manager's Office Office of Management & Budget 7110/2008 11:10 AM Approved By James V. Mudd County Manager Date file• //C - \AaendATect \FxnnrtA 111_Tnlv%,7l 0/7N7()()R \lr 0 /1)(K0IN0RNT0 /'?n,A(;FNTIAA1 7/15/�(t(1R Page 2 of 2 Agenda Item No. 16K13 July 22. 2008 Page 3 of 8 Board of County Commissioners County Manager's Office 711012008 11:36 AM file:HC:AAeendaTest \F.xnort \711- .1uly% 2022% 202009 \16. %2000NSFNT % ?OAGFNDA \1_ 7/15/7009 Agenda Item No. 16K13 July 22, 2008 Page 4 of 8 SETTLEMENT AGREEMENT AND MUTUAL RELEASE THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE (hereinafter referred to as the "Agreement and Release ") is entered into and made on this day of 2008 by and between Plaintiff, Lucky M.K., Inc. a Florida corporation, (hereinafter referred to as "M.K. ") and Collier County, a political subdivision of the State of Florida, and JIM COLETTA, in his capacity of Chairman of Collier County Board of County Commissioners (hereinafter referred to as the "County "). WITNESSETH: WHEREAS, Plaintiff filed a lawsuit against the County in the Circuit Court for the Twentieth Judicial Circuit in and for Collier County, Florida, styled Lucky M.K., Inc. a Florida corporation, v. Collier County, a political subdivision of the State of Florida, and JIM COLETTA, in his capacity of Chairman of Collier County Board of County Commissioners, Case No. 07-0958 - CA (hereinafter referred to as the "Lawsuit")-, and, WHEREAS, Plaintiff and the County, without either of them admitting any liability or fault, desire to settle the Lawsuit and any and all disputes that arise from, relate or refer in any way, whether directly or indirectly, to the incidents described or allegations made in the Complaint filed in the Lawsuit; and, WHEREAS, Plaintiff and the County desire to reduce their settlement to a writing so that it shall be binding upon them as well as their respective owners, principals, elected officials, officers, employees, ex- employees, agents, attorneys, representatives, insurers, spouses, successors, assigns, heirs and affiliates. Agenda Ilem No. 16K13 July 22, 2008 Page 5 of 8 NOW, THEREFORE, in consideration of the mutual covenants, promises and consideration set forth in this Agreement and Release, and with the intent to be legally bound, Plaintiff and the County agree as follows: 1. Plaintiff and the County adopt and incorporate the foregoing recitals, sometimes referred to as "Whereas Clauses ", by reference into this Agreement and Release. 2. In consideration of the resolution of all disputes or claims arising from or referring or relating in any way, whether directly or indirectly, to the Lawsuit, and for and in consideration of the sum of One - Hundred Fifty Thousand Dollars ($150,000.00) payable to the Board of County Commissioners, within thirty (30) days from the date of this agreement. 3. The Board of County Commissioners' agree to release the "Irrevocable Standby Letter of Credit No. 07 -10" in the sum of $434,659.79. Upon submitting the Release of Letter of Credit to Orion Bank, Orion Bank will, as a condition of the Release, issue a draft payable to The Board of County Commissioners in the amount of One - Hundred and Fifty Thousand Dollars ($150,000.00). 4. The Plaintiff agrees to dismiss the Lawsuit with prejudice upon the issuance of the Release of Letter of Credit by the County and the payment of One - Hundred and Fifty Thousand Dollars ($150,000.00) to the County. 5. In consideration of the resolution of the Lawsuit, and for other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, Plaintiff, on behalf of itself, as well as on behalf of their attorneys, agents, representatives, insurers, heirs, successors and assigns, hereby expressly releases and forever discharges the County, as well as its elected officials, officers, employees, ex- employees, agents, attorneys, representatives, successors, assigns, insurers and affiliates from any and all claims, demands, causes of actions, damages, costs, attorney's fees, 2 Agenda Item No. 16K13 July 22, 2008 Page 6 of 8 expenses and obligations of any kind or nature whatsoever that he has asserted or could have asserted in the Lawsuit or that arise from or relate or refer in any way, whether directly or indirectly, to the Lawsuit or any incident, event or allegation referred to or made in the Complaint in the Lawsuit. 6. Notwithstanding anything that may be to the contrary in Paragraph 5 of this Agreement and Release, Plaintiff and the County agree that either of them (as well as any other persons or entities intended to be bound) shall, in the event of any breach, retain the right to enforce the terms and conditions of this Agreement and Release. 7. Plaintiff and the County acknowledge and agree that this Agreement and Release is intended to and shall be binding upon their respective owners, principals, officials, officers, employees, ex- employees, agents, attorneys, representatives, insurers, successors, assigns, spouses, heirs and affiliates. 8. Plaintiff and the County recognize and acknowledge that this Agreement and Release memorializes and states a settlement of disputed claims and nothing in this Agreement and Release shall be construed to be an admission of any kind, whether of fault, liability, or of a particular policy or procedure, on the part of either Plaintiff or the County. 9. Plaintiff and the County acknowledge and agree that this Agreement and Release is the product of mutual negotiation and no doubtful or ambiguous language or provision in this Agreement and Release is to be construed against any party based upon a claim that the party drafted the ambiguous provision or language or that the party was intended to be benefited by the ambiguous provision or language. 3 Agenda Item No. 16K13 July 22. 2008 Page 7 of 8 10. This Agreement and Release may be amended only by a written instrument specifically referring to this Agreement and Release and executed with the same formalities as this Agreement and Release. 11. In the event of an alleged breach of this Agreement and Release, Plaintiff and the County agree that all underlying causes of action or claims of Plaintiff have been extinguished by this Agreement and Release and that the sole remedy for breach of this Agreement and Release shall be for specific performance of its terms and conditions or any damages arising from the breach. In this regard, Plaintiff and the County further agree that the sole venue for any such action shall be in the Twentieth Judicial Circuit in and for Collier County, Florida in Naples, Florida. 12. This Agreement and Release shall be governed by the laws of the State of Florida. IN WITNESS WHEREOF, Plaintiff and the County have signed and sealed this Agreement and Release as set forth below. Date: Date: ATTEST: BOARD OF COUNTY COMMISSIONERS DWIGHT E. BROCK, Clerk OF COLLIER COUNTY, FLORIDA By: By: Deputy Clerk TOM HENNING, Chairman Date: LUCKY M.K., INC.: Witnesses: (Signature) (Print) 4 C (Signature) (Print) Date: Approved as to form and legal sufficiency: Mark Slack, Esquire STATE OF COUNTY OF (CORPORATE SEAL) Agenda Item No. 16K13 July 22, 2008 Page 8 of 8 THIS SETTLEMENT AGREEMENT AND RELEASE BETWEEN PLAINTIFF AND COLLIER COUNTY, FLORIDA WAS SWORN TO and subscribed by representative of LUCKY M.K., INC., before me on this day of 2008. Signature of Notary Public Commissioned Name of Notary Public (Please print, type or stamp) My Commission expires: Approved as to form and legal sufficiency: Jacqueline Williams Hubbard Litigation Section Chief 07/0959- CA/1724 5 Personally Known or Produced Identification Type of Identification Produced