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14 of 1975 - A resolution confirming settlement in the case of State of Utah, et al vs. American Pipe and Constru Resolution No. 14 By Conrad B. Harrison, Mayor . ,. COYNIflIDNLN Confirming settlement in the case of State of Utah, et al vs. American Pipe and Construction, et al(anti- trust action)and authorizing execution of the release, and also authorizing to file a dismissal with prejudice. haNNiNklarDf0amiNiMR AND PISSED MAR 51975 ?Nod - art now ye44....ci k • • • 1 CERTIFIED RESOLUTION This is to certify that the following is a complete, true and correct copy of a resolution of the Board of Commis- sioners (which is referred to in said resolution as the "governing authority") of Salt Lake City, Utah, a municipal corporation of the State of Utah, (which is referred to as the "public body") duly adopted at a regular meeting of said governing authority on the J day of March, 1975, a quorum being present, and that said resolution is set forth in the minutes of said meeting and has not been rescinded or modified, to wit: WHEREAS, this public body is an applicant for inter- vention in that certain lawsuit styled State of Utah vs. American Pipe and Construction Company; and WHEREAS, the defendants in said lawsuit have agreed to compromise and settle all claims against them for the total sum of $397,500.00, some of which will be paid over a period of three years; and WHEREAS, this public body is to receive a share of said settlement sums and/or its costs of suit hereto- fore advanced; and WHEREAS, Counsel Gerald R. Miller of the firm of Prince, Yeates, Ward, Miller & Geldzahler; and Kent Shearer of the firm of Mock, Shearer & Carling, being duly auth- orized, have accepted said offer, which is fully set forth in Mr. Miller's letter of February 27, 1975; and WHEREAS, as a condition of said settlement each plaintiff and applicant for intervention is required to sign a Release, in the form that has been presented to this governing authority, releasing defendants from the claims and causes of action asserted in the lawsuit described above; and WHEREAS, as a further condition of said settlement above- named, counsel for plaintiffs and applicants for inter- vention are required to execute a dismissal with prejudice of said lawsuit. NOW, THEREFORE, BE IT RESOLVED; That this governing authority does hereby confirm the settlement agreement reached with defendants in the lawsuit styled State of Utah vs. American Pipe and Construction Company as is fully set forth in the letter from Gerald R. Miller, Esq. dated February 27, 1975; and BE IT FURTHER RESOLVED: That the Secretary or other appropriate officer of this public body be and hereby is authorized and directed to sign that certain Release, releasing the above-named defendants as provided therein; and BE IT FURTHER RESOLVED: That counsel of record for the plaintiffs and applicants for intervention be and they hereby are authorized and directed to execute a dismissal with prejudice of said action and to file the same with the Clerk of the Court in which said action is pending. IN WITNESS WHEREOF the Mayor of said public body has hereunto set his hand and affixed the seal of said public body this 64 day of March, 1975. Conrad B. Harrison Mayor of Salt Lake City, Utah ATTEST: City Recorder Release Page 3 STATE OF UTAH . ss. County of Salt Lake) On the day of March, 1975, personally appeared before me CONRAD B. HARRISON and MILDRED V. HIGHAM, who being t by me duly sworn, did say that they are the Mayor and City Recorder, respectively, of Salt Lake City, a municipal cor- poration of the State of Utah, and that the name of Salt Lake City was attached to the foregoing instrument by them by authority of a Motion of the Board of Commissioners of Salt Lake City, passed on the 5-.!day of March, 195; and said person: acknowledged to me that said corporation oxocuto+d the same. NOTARY PUBLIC, residing in My Commission expires: Salt Lake City, Utah __Cdd/jA244.1_9 ROLL CALL T VOTING Aye Nay Mr.Chairman.... ✓ Greener Hagrsen S H�o�gensemn ✓ Phillipsf i ,1 Result I 1 5 '