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AgdaPkt 2017-06-12 Joint SA PFA
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AgdaPkt 2017-06-12 Joint SA PFA
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Last modified
6/13/2017 11:00:53 AM
Creation date
6/8/2017 2:54:33 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/12/2017
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GENERAL AND SPECIAL RELEASE <br />1.PARTIES.This agreement is entered into by and between LANCE WONG <br />(“Plaintiff’),on the one hand,and THE CITY Of REDWOOD CITY (“Defendant”)on the <br />other hand. <br />2.DATE AND PLACE.This Agreement is deemed made on June 5,2017,in <br />Redwood City,California. <br />3.RECITALS.This Agreement is made to resolve claims and disputes which <br />have arisen between Plaintiff and Defendant,including but not limited to those claims <br />asserted in that action captioned Lance Wong v.City of Redwood City,et al.,which is <br />presently pending in San Mateo County Superior Court as Civil Case No.C1V53 7783 (“the <br />Subject Action”).It is the intention of the parties to settle and resolve all claims,known and <br />unknown,which Plaintiff has against Defendant,whether or not such claims were asserted in <br />the Subject Action.The parties hereby further agree as follows: <br />4.CONSIDERATION &CONDITIONS PRECEDENT.This Agreement is <br />contingent upon the occurrence of each of the following events,except,but only except,as <br />they may be waived as specifically provided herein: <br />4.1 Delivery of Executed Release.A fully executed and notarized copy of <br />this agreement is to be provided to counsel for Defendant herein; <br />4.2 Provision of Executed Dismissal with Prejudice.Delivery by Plaintiff <br />to counsel for Defendant a fully executed dismissal with prejudice of the entire action, <br />each party to bear its own fees and costs;which dismissal will not be filed by <br />Defendant until after Settlement funds have been forwarded to counsel for Plaintiff; <br />and <br />4.3 Timely and Proper Payment.Delivery by Defendant no later than 30 <br />days after the foregoing conditions have been satisfied to the Law Offices of Boris E. <br />Efron,one or more negotiable checks in the total sum of $82,500.00 (Eighty-Two <br />Thousand five Hundred Dollars)made payable to Lance Wong and the Law Offices <br />of Boris E.Efron,and to no other persons (“the Settlement funds”). <br />5.RELEASES.Except as to such rights as are created or preserved by this <br />Agreement,in consideration for the payments described in Section 4.3 above,Plaintiff <br />(hereinafter called the “Releasor”)does hereby forever release and discharge Defendant,and <br />any of its respective subsidiaries,subdivisions,parent corporations,officers,directors, <br />agents,insurers,reinsurers,attorneys,servants or employees,and all others (hereinafter <br />collectively called the “Releasees”)from any and all actions,causes of action,obligations, <br />costs,damages,losses,claims,liabilities and demands (including claims arising out of <br />contract),arising out of or in any way connected with or resulting from the accident which <br />allegedly occurred on July 26,2015,on or about Marshall Street in Redwood City, <br />California,and all of those matters set forth in the Subject Action,as a result of which <br />personal injury and other loss and damage were alleged to have been sustained by Plaintiff. <br />6.1.F. - Page 4
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