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HomeMy WebLinkAbout3129 RESOLUTION NO. 3 ,129 A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF FOUR HUNDRED NINETY EIGHT AND 62/100 DOLLARS ($498 .62) TO J . S . FRAZIER AS FULL COMPROMISE AND SETTLEMENT FOR DAMAGES TO HIS 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, esta- blished 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 J . S . Frazier exceeds the One Hundred Dollar ($100.00) limitation; and WHEREAS, the City Manager and City Attorney recommend that said claim be settled for Four Hundred Ninety Eight and 62/100 Dollars ($498 .62) ; and WHEREAS, the Board of Directors desires to authorize payment to J. S. Frazier of the said sum as full compromise and settlement 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 Four Hundred Ninety Eight and 62/100 Dollars ($498 .62) to J . S . Frazier as full compro- mise 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 oc- curred on the 5th day of February, 1964, at 9th & Arch Streets in the City of Little Rock, Arkansas . 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 Ordi- nance No . 10,949 . SECTION 3 . The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrant in payment of the money approved in Section 1 hereinabove. SECTION 4. This resolution shall be in full force and effect from and after its adoption. ADOPTED: March 2 , 1964 ATTE 'T APPROVED: ✓ l fte City Clerk Iv;ayor..