Hallandale Beach, FL
File #: 22-369    Version: 1 Name: H & V SETTLEMENT AGREEMENT
Type: Resolution Status: Agenda Ready
File created: 9/8/2022 In control: HBCRA Board of Directors
On agenda: 9/28/2022 Final action: 9/28/2022
Title: A RESOLUTION OF CHAIR AND BOARD OF DIRECTORS OF THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY, HALLANDALE BEACH, FLORIDA; APPROVING THE SETTLEMENT OF A LAWSUIT BETWEEN THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY AND H&V ENTERPRISES, INC. ET AL. FOR A SETTLEMENT AMOUNT OF $39,900 TO BE PAID TO THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY FOR THE PAYMENT OF THE LOAN BALANCE AND LEGAL FEES; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE SETTLEMENT AGREEMENT BETWEEN THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY AND H&V ENTERPRISES, INC. ET AL.; AUTHORIZING THE EXECUTIVE DIRECTOR TO TAKE ALL ACTION NECESSARY TO IMPLEMENT THE TERMS OF THE SETTLEMENT AGREEMENT; AND PROVIDING AN EFFECTIVE DATE. (STAFF: EXECUTIVE DIRECTOR)
Attachments: 1. Agenda Cover Memo, 2. Exhibit 1 - Resolution, 3. Exhibit 2 - Settlement Agreement