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2950 RESOLUTION NO. 2,950 A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF ONE HUNDRED ELEVEN AND 09/100 DOLLARS ($111 .09) TO JAMES PAUL VINSON AS FULL COMPROMISE AND SETTLEMENT FOR DAMAGES TO HIS AUTOMOBILE ARISING OUT OF A COLLISION WITH A VEHICLE OWNED BY THE CITY OF LITTLE ROCK, ARKANSAS; AND FOR OTHER PURPOSES . WHEREAS, the City of Little Rock, by Ordinance No . 10,949 , established certain standards and procedures for the processing of personal property damage claims against the City of Little Rock, which ordinance, among other things, provided that the City Manager would have authority to settle and pay claims not exceeding One Hundred Dollars ($100 .00) ; and WHEREAS, the claim of James Paul Vinson exceeds the One Hun- dred Dollar ($100 .00) limitation; and WHEREAS, the City Manager and City Attorney recommend that said claim be settled for One Hundred Eleven and 09/100 Dollars ($111.09) ; and WHEREAS , the Board of Directors desires to authorize payment to James Paul Vinson of the said sum as full compromise and settle- ment of his claim against the City for damages to his vehicle; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. There is hereby approved the expenditure of One Hundred Eleven and 09/100 Dollars ($111.09) to James Paul Vinson as full compromise and settlement of his claim for damages to his vehicle arising out of a collision with a vehicle owned by the City of Little Rock which occurred on the 12th day of January, 1963, in the 1800 Block on North Mississippi Avenue in the City of Little Rock, ,rkansas . SECTION 2. The money paid pursuant to Section 1 . of this Resolution shall be charged to Account No . 5 .1 in accordance with Section 6 . of Ordinance No . 10,949 . -2- SECTION 3 . The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrant for the payment of the money approved in Section 1. hereinabove. SECTION 4. This resolution shall be in full force and ef- fect from and after its adoption . ADOPTED: February 4, 1963 ATTES' � APPROVED: City Clerk Mayor.