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HomeMy WebLinkAboutAUGUSTA VIDEO SETTLEMENT OF ALL CLAIMS ($550,000)RESOLUTION RESOLUTION AUTHORIZING THE SETTLEMENT OF ALL CLAIMS BY AUGUSTA VIDEO IN THE AGGREGATE AMOUNT OF FIVE HUNDRED FIFTY THOUSAND DOLLARS ($550,000); AUTHORIZING THE COUNTY ADMINISTRATOR TO DISBURSE THE AMOUNT OF FIVE HUNDRED FIFTY THOUSAND DOLLARS ($550,000); AND FOR OTHER PURPOSES. WHEREAS, Augusta Video, Inc. has two lawsuits pending in Federal Court, same being Augusta Video, Inc v. Augusta, Georgia and the Augusta- Richmond County Commission CV 102 -94 (S.D. Ga.) and companion litigation captioned Augusta Video, Inc. v. Augusta, Ga. CV 108 -099 (S.D. Ga.); WHEREAS, both parties to said civil actions desire to settle all claims; and WHEREAS, Augusta Video has agreed to settle all claims against Augusta and the Augusta - Richmond County Commission for the sum of Five Hundred Fifty Thousand Dollars ($550,000) and the issuance of an Adult Entertainment Permit and a Business Tax Certificate allowing it to open at 1367 Gordon Highway, Augusta, Richmond County, Georgia; WHEREAS, it is in the best interests of Augusta to resolve this matter and pay the amount of Five Hundred Fifty Thousand Dollars ($550,000) and the issuance of an Adult Entertainment Permit and a Business Tax Certificate allowing it to open at 1367 Gordon Highway, Augusta, Richmond County, Georgia to settle all claims of Augusta Video, Inc. against Augusta arising out of the alleged facts; WHEREAS, Augusta - Richmond County acknowledges that the payment set forth herein does not constitute any admission of liability on the part of Augusta and liability is expressly denied; NOW, THEREFORE, BE IT RESOLVED by the Augusta - Richmond County Commission, Section 1: The Augusta - Richmond County Commission will settle the claims of Augusta Video, Inc for the sum of Five Hundred Fifty Thousand Dollars ($550,000) and the issuance of an Adult Entertainment Permit and a Business Tax Certificate allowing Augusta Video to open at 1367 Gordon Highway, Augusta, Richmond County, Georgia. Section 2: The County Administrator is authorized to pay a total sum of Five Hundred Fifty Thousand Dollars ($550,000) to Augusta Video, Inc. at the direction of the Commission and payment shall be in the form of a check payable to "GARY S. EDINGER & ASSOCIATES, P.A. TRUST ACCOUNT ". Settlement Resolution Augusta Video Page 2 of 2 15 Adopted this- `day of M +( , 2010. yl David S. Copenhaver r As its Mayor Attest* ena J. Bone , lerk of Commission Seal: CERTIFICATION The undersigned Clerk of Commission, Lena J. Bonner, hereby certifies that the fore j Reso ution was duly adopted by the Augusta - Richmond County Commission on i/ , 2010 and that such Resolution has not been modified or rescinded as of th da hereof and the undersigned further certifies that attached hereto is a true copy of the Resolution which was approved and adopted in the foregoing meeting(s). J i f P t - - 1 1 i 4 �/ 0 1 4 / L ena J. Boni V C " l - erk of Commission