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Ord. 0564 01-23-89ORDINANCE NO. 564 AN LAND TO PAY THE SUM OF $6,278N 31 CE AUTHORIZING CITY MANAGEMENT COMPANY,,RMANAGING AGENT FOR SHERWOOD VILLAGE ASSOCIATES, A CALIFORNIA LIMITED PARTNER- SHIP, AND HER ATTORNEY OF RECORD IN REGARDS TO THE SETTLE- MENT OF A CLAIM AND AUTHORIZING THE CITY MANAGER FOR THE CITY OF PEARLAND TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS REGARDING THE SETTLEMENT. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND: SECTION 1. That the City of Pearland agrees to pay $6,278.31 to SC Management Company, Managing Agent for Sherwood Village Associates, a California limited partnership for the settlement of a claim. SECTION 2. There is hereby appropriated the amount of $6,278.31 out of the Storm Drainage Bond Fund for payment. SECTION 3. That the City Manager of the City of Pearland is hereby authorized and directed to execute for and on behalf of the City, any and all documents necessary to settle this matter. SECTION 4. That upon receipt of the annexed release signed by all parties, then the City Manager is authorized to release said funds to SC Management Company and her attorney of record. PASSED ON FIRST READING by the City Council of the City of Pearland, Texas, in regular meeting in the City Hall this the day of APPROVED this p13 ATTEST: , A.D.,1989. day of RAY KTbUSE, CITY SECRETARY PEARLAND, TEXAS ,14.(A, . , A,J . , 1989. TOM REID, MAYOR PEARLAND, TEXAS PASSED ON SECOND READING by the City Council of the City of Pearland, Texas, in regular meeting in the City Hall this the day of APPROVED this ATTEST: , A.D.,1989. day of da KAY KR 'SE, CITY SECRETARY PEARLAND, TEXAS APPROVED AS TO FORM: Rc9 ERT E. TALTON CITY ATTORNEY , A.D., fl89. TOM REID, MAYOR PEARLAND, TEXAS 2 -