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HomeMy WebLinkAbout239993 12/09/2014 CITY OF CARMEL, INDIANA VENDOR: 00350040 ONE CIVIC SQUARE HALL RENDER KILLIAN HEATH & LYMAAHECK AMOUNT: $...292,000.00' CARMEL, INDIANA 46032 TRUST ACCOUNT ATTN:DAVID HONING CHECK NUMBER: 239993 1 AMERICAN SQUARE SUITE 2000 CHECK DATE: 12/09/14 INDIANAPOLIS IN 46282 DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION 212 4462865 FARMERS MUTU 292,000.00 ILLINOIS STREET Lustig, Kate From: Kashman,Jeremy M Sent: Monday, December 08, 201411:38 AM To: Lustig, Kate Subject: FW: Farmers Jeremy Kashman, PE City Engineer From: Honig, David B. [mailto:dhonig@hallrender.com] Sent: Monday, December 08, 2014 11:36 AM To: Kashman,Jeremy M Subject: RE: Farmers Jeremy, According to the Court docket,the City has already deposited $1,308,000.This should have generated some interest. Please direct$292,000 to "Hall Render Killian Heath & Lyman Trust Account," addressed to me.We will deposit the money.Then, once we have the total amount actually due,we will pay that amount and return the remainder to the City. David David B.Honig WNHALL RENDER, KiLLIAN €-IE rH&LYiI A direct 317.977.1447 fax 317.633.4878 email dhonig(a)hallrender.com web www.hallrender.com One American Square,Suite 2000 Box 82064, Indianapolis, IN 46282 For the latest in health care industry news and legal updates, visit us at www.hailrender.com. For False Claims Act updates visit us at FCADefense.com. Follow me on Twitter. Denver—Detroit—Indianapolis—Louisville—Milwaukee—Philadelphia—Washington, D.0 —77-77777777­ THIS COMMUNICATION AND ATTACHMENTS CANNOT BE USED FOR THE PURPOSE OF AVOIDING TAX PENALTIES.This message and any attachments are confidential and are subject to the attorney-client privilege and the privilege relating to attorney-client work product.It is intended only for the named recipient(s)and may be exempt from disclosure under other applicable law,as well.If you are not the intended recipient(s),you are notified that any disclosure,copying,distribution or any action taken or omitted to be taken in reliance on the contents of this information is 1 SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASE This Settlettiet:t-Agr•eentettt and tYltttttal Release(Agreement) is entered into as of the Y*clay of 2GCwu�tit' ,2014,by and between the City of Carrel,Indiana(City of Carmel)and Indiana " Farmers Mutual Insurance Company(Fanners Mutual)with reference to and incorporation of the following: RECITALS: A. Unless otherwise indicated,capitalized terms and phrases used in this Agreement shall have the following meanings: a. '.Agreement"means this Settlement Agreement and Mutual General Release by and between City of Carmel and Farmers Mutual. ` b.tt Farmers Mutual means Indiana Farmers Mutual Insurance Com an owning -' p y,o� mug propcil}ur City of Carmel,,Indiana,located at I0 W. 106`t'Street;.and as used in Sections 5(a)and 5(b),Farmers Mutual also refers-to and any related entities,including its assigns,parent, subsidiaries,employees,officers,,or directors of Farmers Mutual. c. "Claims"refers to and includes all actual-and potential claims,rights,causes ofactloll, rights of action,rights of indemnity,rights of contribution,liens and remedies of every nature whatsoever,regardless of whether-the same are or any of them is at law,in equity or otherwise,regardless of whether the same are or an of the same is known Y or unknown at the present time,except as otherwise excluded herein. d. "Litigation"means the proceeding pending between the parties in City of Carmel v. Indiana Faimers Mutual Insurance Company, in Hamilton Superior Court 1 which action is docketed as Cause No.29D01-1303-PL-2933. e. "Obligations"refers to arc(includes all actual and potential obligations,duties,'liabilities, damages,costs,fees,expenses and debts of every nature whatsoever,regardless of. whether the salve are..or any of the same is known or unknown at the present time. f. "Property"shall mean the property more specifically described in'tlie attached Exhibit A —a legal description of the land condemned and appropriated by the City of Carmel. g. "SubJect Matter ]Weans and includes all facts,occurrences and/or circumstances affecting both City Of Carmel and Farmers Mutual of,pertaining to oral•ising in connection with the City of Cai•mel's acquisition of real estate for the Illinois Street prOJect. B. City o£Carinel 6as-previously instituted le al action a ainst F g _g auucr's Mutual seekul the condemnation of certain real estate f , al the.I11ii1ois Street project,� ct.The parties aro4v desire to settle their differences and terminate the Litigation. 1 NOW THEREhORE,the parties to this Agreement agree as follows: 1. Consideration:"The consideration for entering into this Agreement is the payment of the sum specified in Section 3 and the combination of mutual promises and releases of the parties herein contained,the sufficiency and adequacy of which are hereby acknowledged. 2. Termination of Litigation:The Litigation sllall be terminated by the City of Carmel by the filing of appropriate pleadings with the Court.Each party shall pay its own costs and attorneys' fees. 3. Payment: a. City of Carmel sllall pay to Farmers Mutual,the total.sutn.of$1,600,000.00 representing just coinpensation forthe fee simple acquisition of the Property acquired by City of Carmel for use in tht Illinois Street project as outlined below. i. Alnount previously deposited with the Court: $1.,308,000+interest accrued 1. Already withdrawn by Farmers Mutual: $417,000 2. Remainder in Court Account: $891,000+interest accrued ii; Additional amount to be paid directly to Fanners Mutual by the City of Carmel shall be the difference between: the$1,308,000+interest accrued and $1,600,000.60. b. The payments listed above in 3(a)represents all payments made or to be made to Farmers Mutual by the City of Carmel. 4. Execution of Documents: Upon receipt of this signed Agreement the funds described in Paragraph 3(a)(ii)'will be made directly to Farmer by the City of Cannel on or before December 3_l,2014. rn wAc,,,ccQ S, General Releases: a. Release by Fanners Mutual: Except as set forth and preserved in.this Agreement, Fanners Mutual hereby releases,remises,acquits and forever-diselmrges.City.of Cannel from any and all Claims which they have against City of Carmel and of and from any and all Obligations which may be due or owed to them by City of Carmel on account orally act,omission, instrument,breach,conduct,event,injury or damage arising frolll,under or With respect to:the litigation or the Subject Matter,regardless of whether any such Claim or Obligation be at the present time known or unknown,foreseen or unforeseen,actual or )otential. X expressly agrees that the payments identified in Paragraphs 3(a)represent dust compensation for the fee simple total take acquisition by City oFCarmel for the w Illinois Street project. b. No Admission of Liability: Each party understands and agrees that: 2 i. The object of this Agreement is the complete compromise of all disputed Claims and Obligations arising from,under or with respect to the Litigation or the Subject Matter; ii. The consideration given and the responsibilities undertaken pursuant to this Agreement are not to be construed as admissions of tiny liability on the part of any party, all such liability being expressly denied;and iii. The parties intend by this Agreement to avoid further litigation and to have their peace. A-tz`r 1 e's c. Absolute Bar:Fat:lle,�al•shall not attempt to enforce(in any legal,equitable, administrative or other-proceeding)any released Claim or Obligation covered by this Agreemetlt.This Agreement and the introduction thereof into evidence shall constitute an absolute and unconditional bar to any such attempted enforcement.Any such attempted enforcement in violation of this provision shall be considered to be an act of tortuous bad_ faith entitling the opposing party to an award of exemplary damages and reasonable attorney fees in addition to such,other relief as may be granted to such party. 6. Representations and Warranties:Each party represents and warrants to the other as follows: .a. Each party has the full right and power to execute,deliver anis perform this Agreement according to its terms,without the necessity of consent of or joinder with Another;when executed and delivered,this Agreement shall constitute a valid and binding agreement, enforceable according of its terms; b. Each party has had the opportunity to obtain advice of independent counsel in connection with the Litigation and the Subject matter and in connection with tile execution,delivery and performance of this Agreement; c. The circumstance that any fact,estimate or assumption made in executing this Agreement (other than the assumption that this Agreement wilt be fully performed according ofits terms)may now be,or in the future may prove to be,inaccurate,unreasonable, unfounded,ill-advised or otherwise different from that as currently-perceived will not aftcct,the binding nature or enforceability of[his Agreement; - d. No Claini or Obligation.refer•red to in the foregoing releases contained in this Agreement has been assigned,transferred,hypothecated,pledged,mortgaged or set over in any manner whatsoever,in whole or in part, to any third person not a party to this Agreement, and each party hereto has the sole and exclusive right to release wid discharge all of the Claims and Obligations;and e. This Agreement is executed and delivered without reliance upon any statement, representation,promise,illduCelli clit,understanding or agreement by or on behalf of airy party hereto or by or on behalf of any representative or agent emploYed by either of them, other than the matters expressly set forth herein. 3 7. General Provisions: a. Governing Law:This Agreement shall be governed by the laws of the State of Indiana, and any legal action regarding the breach or enforcement of this Agreement shall be litigated in a court of proper jurisdiction over Hamilton County, Indiana. b. Binding Effect:The provision of this Agreement shall be binding on and shall inure to the benefit of the respective successors and assigns of the parties. c. Effectuation: Following the effective date hereof,each party shall take such action and execute such additional documentation that may be reasonably necessary or appropriate to effectuate the objectives anis provision of this Agreement. d. Cost And Attorneys Fees: Should any litigation be commenced between(lie parties to this Agreement concerning this Agreement,or the rights and duties to either party in relation thereto,tlfe party prevailing in such litigation shall be entitled,in addition to such other relief that may be granted,to a reasonable sutra as and for its attorneys' fees in such litigation which shall be detennined by the court in such litigation or in a separate action brought for that purpose. e. Etfeetive Date:This Agreement may be executed in counterparts,all of which when taken together sha11 be deemed one original agreement,and will be effective,when all parties have executed and delivered this Agreement,on and as of the date first above written. f Entire Agreement:This Agreement constitutes the entire Agreement and understanding between the parties with respect to the Subject Matter hereof and may not be modified or amended except in writing signed by all of the parties. IN WITNESS WHEREOF,the parties have executed,or caused to be executed by the undersigned thereunto duly authorized,and delivered this Agreement as of the day and year first above written. CITY OF WMEL,by and tht•ough Steve Engelking Indiana F ors Mutual Insurance Company 4 Prescribed by State Board of Accounts City Form No.201(Rev.1995) ACCOUNTS PAYABLE VOUCHER CITY OF CARMEL An invoice or bill to be properly itemized must show: kind of service, where performed, dates service rendered, by whom, rates per day, number of hours, rate per hour, number of units, price per unit, etc. Payee Hall Render Killian Heath &Lyman Trust Account Purchase Order No. Attn: David B. Honig One American Square, Suite 2000 B( Terms Indianapolis, IN 46282 Date Due Invoice Invoice Description Date Number (or note attached invoice(s)or bill(s) Amount 12/8/2014 0 Farmers Mutual Insurance Company settlement $ 292,000.00 Total $ 292,000.00 1 hereby certify that the attached invoice(s), or bill(s), is (are)true and correct and I have audited same in accordance with IC 5-11-10-1.6. ,20 Clerk-Treasurer VOUCHER NO WARRANT NO. Hall Render Killian Heath & Lyman Trust Account ALLOWED 20 Attn: David B. Honig One American Square, Suite IN SUM OF$ Indianapolis, IN 46282 $ 292,000.00 ON ACCOUNT OF APPROPRIATION FOR Board Members Po#or INVOICE NO. ACCT#/TITLE AMOUNT DEPT# r I hereby certify that the attached invoice(s), or 0 0 212-4462865 $ 292,000.00 bill(s) is (are)true and correct and that the materials or services itemized thereon for which charge is made were ordered and received except r' v�- ��� 12/8/2014 Signature City Engineer II Cost Distribution ledger classification if Title claim paid motor vehicle highway fund