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HomeMy WebLinkAbout71-099RESOLUTION 71-99 APPROVING T~E SETTLEMENT OFFERED BY HERSEY-SPARLING METER CO., AND AUTHORIZING THE MAYOR TO EXECUTE THE RELEASE AND COVENANT NOT TO SUE ON BEHALF OF THE CITY OF SANTA ANA WHEREAS, the City of Santa Ana joined with a number of other government agencies as a party plaintiff against Rockwell Manufact- uring Co., Neptune Meter Co., Badger Meter Manufacturing Co., Hersey- Sparling Meter Co., and Worthington Corporation, on the basis of antitrust violation. WHEREAS, one of the defendants, Hersey-Sparling, has offered a satisfactory settlement. BE IT RESOLVED, that the Mayor of the City of Santa Ana is hereby authorized to execute all necessary documents to effect said settlement. PASSED AND ADOPTED by the City Council of the City of Santa Ana at its regular meeting held on the 18th day of October, 1971. ATTEST: CLERK OF THE COUNCIL MAYOR STATE OF CALIFORNIA) COUNTY OF ORANGE ) CITY OF SANTA ANA ) ss I, FLORENCE I. MALONE, do hereby certify that I am the Clerk of the Council of the City of Santa Ana; that the foregoing Resolu- tion was introduced to said council at its regular meeting held on the 18th day of October, 1971, and was at said meeting passed and adopted by the following vote, to wit: AYES, NOES, ABSENT, COUNCILMEN: Evans, Markel, Patterson, Villa, Ysms~oto, Griset COUNCILMEN: None COUNCILMEN: Herrin CLERK OF THE COUNCIL RELEASE AND COVENA~T NOT TO SUE The City of Santa Ana (hereinafter referred to as "plaintiff"), in consideration of the payment of the sum of One Dollar ($1) and other good and %aluable con- sideration, receipt of which is hereby acknowledged, does hereby release, acquit and fo'fever discharge Hersey Products, Inc. and its predecessors, successors and assigns, and each past or present, direct or indirect, partner, subsidiary, divi- sion or affiliated corporation, 'and each of its past or present employees, agents, representatives, officers or directors, and any other person, firm, corporation or division now, previously, or ~ereinafter affiliated with it-~.all of which are hereinafter referred to as "Her~ey") from all ~laims asserted against Hersey in Court Action No, (the "Action") in the United States District Court for the Northei-n District of California and f.rom all claims, whether or not presently known, which. plaintiff ever had, now has, or hereinafter may have against it and (a) which are or might have been asserted in that Action or in any other of the water meter cases consolidated before the Honorable George H. Boldt or (b) which are based upon, connected with, or similar or relate'd to any of the matters referred to in any 6f the pleadings, papers or other records produced or filed in any of those cases and including any claims arising under any of the federal or state antitrust laws or any common or statutory law. .' Plaintiff covenants an'd 'agrees that it will ~orever refrain from instituting, prosecuting, maintaining or pressing -2- any action or suit, and from collecting or proceeding, Hersey based upon any such claim. forthwith tracts or foregoing against At the conclusion of the Action, plaintiff will return to.counsel for Hersey all documents, all summaries of documents and all copies of any of xn its possession, the custody or control which Hersey furnished or produced as part of pre-trial discovery in the Ac'tion or in any other aforementioned water·meter case, and plaintiff's counsel·will promptly thereafter sta~e in writihg to counsel for Hersey that neither plaintiff nor ·its counsel ~etain any such documents, .spmmaries, extracts or copies. It is expressly.understood and agreed that by exe- cuting ~his Release and Covenant Not To Sue,' plaintiff is not. discharging, releasing, relinquishing or' in any way affegting · its claims against any person.other than H~rsey, ingluding · claims against any such other person or persons relating. to or arising out of purchases from Hersey, and plaint'iff reserves its rights to pursue its claims against any,othe~ person or entity, including the defendants other than Hersey in the aforementioned water meter cases. IN WITNESS WHEREOF, plaintiff has caused this Release and Covenant NotTo Sue to be executed this 18th.day of October , 1971 by its duly authorized officer 6r agent. By. /s/ Lorin Griset · Its Mayor ATTEST: /S./ M~jorie L. West