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HomeMy WebLinkAboutPR12872: SILVER SPOON MEMO To: Mayor, City Council & City Manager From: Valecia Tizeno, Assistant City Attorney~ Subject: P. R. No. 12872 Council Meeting October 26, 2004 Date: October 22, 2004 Attached is P. R. No. 12872 as it pertains to the revolving loan of Silver Spoon. MTS/ts Attachment z.pr12872 .memo P. R. NO. 12872 10/19/04 - ts RESOLUTION NO. A RESOLUTION AS IT PERTAINS TO THE BEVOLVING NOT OF SILVER SPOON WHEI~EAS, The City Council loaned David Jones and Patricia Jones, dba Silver Spoon $30,000 on August 8, 1996; and WHElq~AS, the City has filed litigation thereon. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR~ Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the Settlement denoted in Exhibit ~A" is approved. Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this __ day of A.D., 2004, at a Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: NOES: OSCAR ORTIZ, MAYOR z .pr12872 ATTEST: EVANGELINE GREEN, CITY SECRETARY APPROVED AS TO FORM: MARK T. SOKOLOW, CITY ATTORNEY VA~ECIA TIZEN0, ASS~3ST~ITY -~TTORNEY APPROVED FOR ADMINISTRATION: STEVE FITZGIBBONS, CITY MANAGER z .pr12872 EXHIBIT ~A" will be presented at the City Council Meeting. z.pr12872