037.96
RESOLUTION AUTHORIZING SETTLEMENT
RESOLUTION NO.: 37, 96
INTRODUCED BY: Mrs. Carol Pulver
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Fred Champagne
WHEREAS, the Mutual Fire, Marine and Inland Insurance Company
and/or their agents, Shanley & Schwartz, Inc., have previously
presented claims that the Town of Queensbury owes certain sums in
the amount of $4,305.59 and the amount of $2,700.02 pursuant to a
previous insurance coverage agreement, and
WHEREAS, the Town of Queensbury previously refused to pay said
amounts upon the grounds of insufficient information concerning the
claims and that the insurance contract provisions did not require
the payment of said amounts, and
WHEREAS, the Town of Queensbury also previously filed an
objection to the Notice of Determination of Claim #67236 and other
Proof of Claims in the matter of George F. Grode, Insurance
Commissioner of the Commonwealth of Pennsylvania vs. the Mutual
Fire, Marine and Inland Insurance Company in order to preserve its
rights and defend itself against the claims identified hereinabove,
and
WHEREAS, Mutual Fire, Marine and Inland Insurance Company has
indicated that it would accept payment of the sum of $1,250.00 by
the Town of Queensbury as the amount due for a policy deductible
and that no further sums would be due by the Town, and
WHEREAS, the Town Attorney for the Town of Queensbury has
recommended said payment, provided a Release is obtained from
Mutual Fire, Marine and Inland Insurance Company,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
authorizes payment of $1,250.00 to the Mutual Fire, Marine and
Inland Insurance Company, and the execution of a praecipe to
settle, discontinue and end objection to Notice of Determination
for Claim #67236, provided that a General Release is received from
the Mutual Fire, Marine and Inland Insurance Company, which Release
shall be in a form similar to that presented at this meeting, and
BE IT FURTHER
RESOLVED, that the amounts due under this claim shall be paid
for from the Judgement and Claims Account.
Duly adopted this 3rd day of January, 1996, by the following
vote:
AYES : Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mrs. Pulver, Mr.
Chamapgne
NOES : None
ABSENT: None
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