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1992/08/25 City Council ResolutionRESOLUTION NO. 92 -147 A RESOLUTION OF THE CITY OF ROHNERT PARK AUTHORIZING THE MAYOR TO EXECUTE THE ACKNOWLEDGMENT AND AUTHORIZATION TO CALIFORNIA ATTORNEY GENERAL TO EXECUTE SETTLEMENT AGREEMENT IN SAN FRANCISCO SUPERIOR COURT CIVIL ACTION NO. 810011 WHEREAS the Attorney General of the State of California did initiate litigation in an antitrust action against CVE, Inc, Howard Electric, Rosendin Electric, and Steiny & Co. and their principals for rigging bids for the sale and installation of electrical signal and lighting equipment to 104 entities in northern California, and WHEREAS the litigation, hereafter referred to as "THE ACTION," is entitled State of California v. Rosendin Electric, et al., and WHEREAS the City of Rohnert Park is one of the entities for whose benefit the action was filed, and WHEREAS the California Attorney General has reached a settlement with Howard Electric and Mr. Strotman whereby those defendants have agreed to pay $150,000 in cash in full settlement of all claims against them, and WHEREAS past settlements in THE ACTION have amounted to $540,000, excluding the present proposal, and WHEREAS the federal magistrate has determined that the proposed settlement is a "good -faith settlement" in related matters, and WHEREAS the California Attorney General has recommended that the city approve the proposed settlement and authorize the mayor to execute the Settlement Agreement so that the proposed settlement may be presented to the Superior Court of the City and County of San Francisco for its approval, Resolution No. 92 -147 NOW THEREFORE BE IT RESOLVED by the Rohnert Park City Council that the Mayor of the City of Rohnert Park be and she is hereby authorized to execute the Acknowledgment and Authorization to California Attorney General to Execute Settlement Agreement. Dated: DULY AND REGULARLY PASSED AND ADOPTED BY THE CITY COUNCIL OF ROHNERT PARK THIS 25th DAY OF AUGUST, 1992. AYES: (3) Councilmembers Eck, Reilly, and Hollingsworth NOES: ( 0 ) None ABSTAIN: ( 0 ) None ROHNERT PARK CITY COUNCIL ABSENT: (2) Councilmembers Hopkins & Spiro APPROVED: MAY (5R PRO TEMPORE ATTEST: