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HomeMy WebLinkAboutRelease of all Claims/Fanning SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMS This Settlement Agreement and Release of all Claims ("Agreement") is entered into by and between Robert A. Fanning and Karen 0. Fanning, husband and wife, with an address of 4881 Deer Ridge Drive South, Carmel, Indiana 46033 (jointly and individually, the "Releasors") and the City of Carmel, Indiana, by and through its Board of Public Works and Safety, with an address of One Civic Square, Carmel, Indiana 46032 (the "City"), with reference to the following: RECITALS A. On or about April 12, 1996, Releasor filed with the City a Notice of Tort Claim, alleging therein damage to Releasor's driveway and yard located at 4881 Deer Ridge Drive South, Carmel, Indiana (the "Damage"): B. City denies any liability to Releasors or anyone else for or on account of the Damage. C. Releasors and City have entered intonegotiations and have now agreed to fully resolve their differences as regards the Damage under and pursuant to the terms and conditions' herein contained (collectively, the "Settlement Terms"): NOW, THEREFORE, in consideration of the _mutual covenants, promises, terms and conditions set forth herein, Releasors and City agree as follows: 1. The foregoing Recitals are hereby incorporated into this Agreement and made a part hereof. 2. Releasors, individually and jointly, on behalf of themselves and their respective spouses, family, agents, heirs, administrators, 'personal representatives, executors, successors and assigns, and in consideration of a total sum of three hundred ninety five dollars ($395.00) paid to Releasors by City, receipt of which is hereby acknowledged, hereby fully and forever release, discharge and agree to hold haimless City, its successors, assigns, officers, officials, employees, attorneys, contractors and agents from any and all claims and causes of action whatsoever pertaining or relating to any error, discrepancy, damage and/or injury whatsoever, whether known or unknown, which has, may have been or may be incurred, raised or sustained by Releasors that consists of, arises out of or is related to the Damage. This release is for any and all relief, no matter how denominated. 3. Releasors covenant and certify that they have not assigned or otherwise transferred to any'.other person or entity any, of their. rights or claims as regards the-Damage.' " 4. This Agreement pertains to several disputed issues arising from the Damage and does not constitute an admission of fault or liability on the part of either party hereto to the other or to anyone else as to the Damage or any other matter whatsoever. 5. Should any party breach or otherwise fail to comply with the-terms and provisions of this Agreement, the prevailing party in any such dispute shall be entitled to recover, in addition to any and all other appropriate relief, all costs arising therefrom, including, but not limited to, attorney fees. 6. This Agreement shall be construed according to the laws of the State of Indiana, except for its conflict of laws provisions. 7. This Agreement constitutes and contains the entire agreement between the parties concerning the transactions contemplated herein and supersedes all prior negotiations, agreements and understandings, if any, between the parties. 8. Releasors acknowledge and represent that they have read and fully understand each and every term and condition of this Agreement, and that their execution of this Agreement is free and voluntary and undertaken after full opportunity to consult with individual legal counsel thereon. 9. Releasors acknowledge and represent that, in executing this Agreement, they have not relied upon any inducements, promises or representations made by the City or any party representing or serving the City. 10. This Agreement may be used as evidence in a subsequent proceeding in which any of the parties allege a breach hereof. 11. Each party hereto shall pay its own costs and attorney fees. 12. In the event any provision of this Agreement is deemed to be invalid or unenforceable by any court or administrative agency, the Agreement shall be deemed to be restricted in scope or otherwise modified to the extent necessary to render the same valid and enforceable, or, in the event that any provision of this Agreement cannot be modified or restricted so as to be valid and enforceable, then the same shall be deemed excised from the Agreement, and same shall be construed and enforced as if such provision had originally been incorporated therein as so restricted or modified or as if such provision had not originally been contained therein, as the case may be. 13. This Agreement may be executed in one or more counterparts, each of which shall constitute an original. 14. This Agreement shall become effective as of the last date a party hereto executes same. RELEASORS: r I?alaQr ?''y • rocv? ti t ?4 ted Name of Releasor Signature of Releasor Date I5t ( 5" 14(0' Y e.H O. Fa.K K t w? Printed Name of Releasor 4yQl,?J' O. '? ,t? Signature of Releasor D e: ?- IClt (C'Ig7 City of Carmel, by and through its Board of of Public Works and Safety ("City"): BYAam,s'Br ainad, Mayor Date: Z4j By: Ma Bur e, ,ember Date: By: 2L-- B Walker; Member Date:_ ATTEST: J Diana L. Cordray, Clerk-Treasu Date: 9- .5-gl State of Indiana County of Hamilton 1'.I Y ll C . lU?? 4 a Notary Public in and for the County aforesaid, in the State of Indiana,do hereby certify that ?602Xk v?Y?1 and W PS l `rid both with an address of 22?'?eeY qQ?r. S. [the Releasors], whose n es are signed to the foregoing Instrument bearing date of the 1? day of (A ?Gas?- 19 C1- , this day acknowledged the same before me in the County aforesaid.`-" Given under my hand this 1 Cl ' day of Notary P "b is My commission expires: My county of residence: LIOL' ? M