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3122 RESOLUTION NO. 3,122 A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF THREE HUNDRED AND NO/100 DOLLARS ($300.00) TO ERBY KITCHENS AND LEE & COMPANY AS FULL COMPROMISE AND SETTLE- MENT FOR DAMAGES TO A VEHICLE ARISING OUT OF A COLLISION WITH A VEHICLE OWNED BY THE CITY OF LITTLE ROCK; 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 the sum of One Hundred Dollars ($100.00) ; and WHEREAS, the claim of Erby Kitchens and Lee & Company exceeds the One Hundred Dollar ($100 .00) limitation; and WHEREAS, the City Manager and City Attorney recouuuend that said claim be settled for Three Hundred and No/100 Dollars ($300 .00) ; and WHEREAS, the Board of Directors desires to authorize payment to Erby Kitchens and Lee & Company of the said sum as full compromise and settlement of their claim against the City for damages to Mr. Kitchens ' vehicle, Lee & Company being the mortgagee thereof; 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 Three Hundred and No/100 Dollars ($300 .00) to Erby Kitchens and Lee & Company as full compromise and settlement of their claim for damages to Mr. Kitchens ' vehicle arising out of a collision with a vehicle owned by the City of Little Rock which occurred on the 20th day of January, 1964, in the 1000 Block on Broadway in the City of Little Rock. SECTION 2. The money paid pursuant to Section 1 of this Resolu- tion shall be charged to Account No . 5 .1 in accordance with Section 6 of Ordinance No. 10,949 . SECTION 3 . The City Manager and Director of Finance are hereby 1 -2- authorized and directed to execute the necessary warrant in payment of the money approved in Section 1 hereof. SECTION 4. This resolution shall be in full force and effect from and after its adoption. ADOPTED: February 17 , 1964 ATTEST:: APPROVED: W0)1,,‘,,L.A.A..k_____ City Clerk Mayor. 4