Loading...
HomeMy WebLinkAboutContract 25903 JUN-02-2000 13:44 COATS ROSE 7136510229 P.02iO3 06/02400 FRI 11:25 PAZ 8178718359 FORT WORTH CITY ATTORNEY 16002 CITY SECRETARY RELEASECONTRACT NO . :5 WHEREAS, the City of Fort Worth ("City") annexed all land within Eagle Mountain Municipal Utility District("Eagle Mountain MUD')on January 4,2000; WHEREAS, Eagle Mountain MUD was abolished on April 4, 2000, pursuant to Section 43.075 of the Texas Local Governmcat Code; WHEREAS, purmi=t to Section 43.075, City took over all property =W assets of Eagle Mountain MUD and assumed all debts, liabilities and obligations of Eagle Mountain MUD on April 4,2000; WHEREAS, the, law firm of Coats, Rose, 'Yale, Rym.an & Ize, a professional corporation, $00 First City Tower, 1001 Fannin,Houston, Texas C -aw Fiam')performed legal services for the benefit of Eagle Mountain MUD during the months of September through December, 1999, and incurred an obligation to the Fort Worth Star Telegram in the amount of $249.85 for publication of legal notices for the benefit of Eagle Mountain MUD; WFIEREAS, City has agreed to pay and Law Firm has agreed to accept payment in the amount of Fifteen Thousand and No/100 Dollars ($15,000.00) in full settlement of all debts, liabilities and obligations incurred by Eagle Mountain MUD and assumed by City by operation of law pursuant to Section 43.075; NOW, THEREFORE, in consideration of the recitals set out above and payment in the amount of Fifteen Thousand -and no/100 Dollars ($15,000.00), Law Firm and City agree as follows: 1. Law Firm acknowledges that payment of $15,000.00 by City constitutes payment in fall of all debts,liabilities and obligations to Law Finny incurred by Eagle Mountain .MUD. Law Firm hereby releases, acquits and forever discharges City, its employees, officers, agents, representatives and attorneys from any and all claims or causes of actions whatsoever,known and unknown. 2. Law Firm agrees to pay the amount of $249.85 to the Fort Worth Star Telegrmn .for publication of legal notices for the benefit of Eagle Moun.tak MUD. 3. Law Firm.and City agree that this release will be null and void if Law Firm has not received payment in the amount of$15,000.00 from City on or before .lune 5,2000. 4. Law Firm and City agree that facsimile signatures are legal and binding and shall,be deemed the equivalent of original signatures. Signed this ;L day of0:7W Q—!2000. JUN-02-2000 13:45 COATS ROSE 7136510220 P.03iO3 o5/02/00 FRI 11:25 FAX 8178718359 FORT WORTH CITY AMRNEY I�Oo3 Coats,Rose,Yale,Ryman& e, a Texas Professional Corporati By: Printed Name-, D / FA.0� Title: C Of-- CITY FO W Printed Nan MjKe-- Q Y-c o-ve r-- Title A MOVED AS TO FORM AND LEGALITY sistant City Attorney ATTEST ity Sccr Contract Authori ation Date Z TOTAL P.03