170.2006
RESOLUTION AUTHORIZING SETTLEMENT OF METTEL CLAIMS
RESOLUTION NO.: 170, 2006
INTRODUCED BY: Mr .Roger Boor
WHO MOVED ITS ADOPTION
SECONDED BY: Mr Daniel Stec
WHEREAS, Bilateral Credit Corp., on behalf of MetTel Corp., asserted that the Town of
Queensbury owes MetTel Corp. the amount of $52,172.05 for cancellation fees related to phone
services, and
WHEREAS, Town Counsel, consistent with direction received from the Town Board, has
negotiated a settlement of this matter in the amount of $7,500 subject to approval of the Town
Board, and
WHEREAS, Town Counsel has requested Town Board authorization to settle this matter
on the negotiated terms, thereby avoiding further litigation, trial and expense,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs Town Counsel
to settle the claims of Bilateral Credit Corp., on behalf of MetTel Corp., in exchange for a full release
from Bilateral Credit Corp., on behalf of MetTel Corp., of any and all claims it has or might have
arising from an alleged contract to provide telephone services to the Town, and
BE IT FURTHER,
RESOLVED, that the Town of Queensbury agrees to the settlement amount of Seven
Thousand Five Hundred Dollars ($7,500), and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to issue a settlement check in such amount made payable to “Bilateral Credit Corp., on
behalf of MetTel Corp.” in satisfaction of the Town’s negotiated settlement amount, and
BE IT FURTHER,
RESOLVED, that funds for such settlement shall be paid from the appropriate account as
will be determined by the Town’s Budget Officer, and
BE IT FURTHER
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
sign a Settlement Agreement and General Release in form approved by Town Counsel and/or any
other settlement documents and take any action necessary to settle this matter and effectuate the
terms of this Resolution.
th
Duly adopted this 20 day of March, 2006, by the following vote:
AYES: Mr. Sanford, Mr. Brewer, Mr. Stec, Mr. Boor
NOES : Mr. Strough
ABSENT :None