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HomeMy WebLinkAboutRailroadmen's/Huntington Bnks/Release of all ClaimsRELEASE OF ALL CLAIMS APPROVED AS TO FORM BY ~'~ The undersigned representative of the City of Carmel, Indiana, for the sole consideration of Eight Thousand Dollars ($8,000.00), to the City of Carm~el in hand paid, receipt whereof is hereby acknowledged, does hereby and for its successors and assigns, release, acquit and forever discharge Huntington Banc Shares, Inc. (Improperly named in the complaint as Huntington National Bank and Railroadmen's Savings & Loan), its successors and assigns, and all other persons, firms, corporations, associations or partnerships, of and from any and all claims, actions, causes of action, demands, rights, damages, costs, expenses and compensation whatsoever, which City of Carmel now has or which may hereafter accrue on account of or in any way growing out of any and all known and unknown, foreseen and unforeseen, labor and material claims arising out of a water overflow incident occurring on or about October 11, 2001 in Carmel, Hamilton County, Indiana. It is further understood and agreed that this settlement is the compromise ora doubtful and disputed claim and that the payment made is not to be construed as an admission of liability on the part of the party hereby released, and that said releasee denies liability therefor and intends merely to avoid litigation and buy its peace. The undersigned further declares and represents that no promise, inducement or agreement not herein expressed has been made to the undersigned, and that this release contains the entire agreement between the parties hereto, and that the terms of this release are contractual and not a mere recital. Signed, sealed and delivered this [~/~'Xday of &(_'4-c."~g(' ,2003. CITY OF CARMEL Authorized Representative/Title Approved and adopted this - -Y day of .622 ?hb,.er , 2003. CARMEL BOARD OF PUBLIC WORKS AND SAFETY By: ames Brainard, resi ng Officer Date: D M? A Mary Min Bur V, Member Date: ?IC??/Si9O? Lori S. Watson . ber Date: \ >e /cam A' Sandra M. Johnson, Deputy Clerk for Diana L. Cordray, i Clerk-Treasurer Date: w 'X i STATE OF INDIANA COUNTY OF ~fl~O I',q', ~D'f~, SS: Before me, a Notary Public in and for said County and State, personally appeared James Brainard, Mary Ann Burke. and Lori Watsom by me know to be the Members of the City of Carmel Board of Public Works and Safety, and Diana L. Cordra¥, Clerk- Treasure of the City of Carmel who acknowledged the execution of the foregoing "Non- Remonstration Agreement" on behalf of the City of Carmel, Indiana. Witness my hand and Notarial Seal this i~'~ay of ~_~d~ ~.~r- ,2003 NOTARY PUBLIC My Commission Exp!res: o My County of Residence: /-/~,'~I,~ M Date: