HomeMy WebLinkAboutPR 19060: ACCEPTING A FULL AND FINAL SETTLEMENT OF ALL CLAIMS AGAINST BP P.R. No. 19060
7/10/15 gt
RESOLUTION NO.
A RESOLUTION OF THE CITY OF PORT ARTHUR IN THE STATE OF
TEXAS ACCEPTING A FULL AND FINAL SETTLEMENT OF ALL
CLAIMS AGAINST BP AND OTHERS RESULTING FROM THE
DEEPWATER HORIZON OIL SPILL, AUTHORIZING THE EXECUTION
AND DELIVERY OF A GENERAL RELEASE AND OTHER NECESSARY
DOCUMENTS AND PROVIDING AN IMMEDIATELY EFFECTIVE DATE.
BE IT RESOLVED by the CITY OF PORT ARTHUR in the State of TEXAS that the CITY
OF PORT ARTHUR hereby accepts BP's offer to pay the amount of$1,312,080.00 for the CITY OF
PORT ARTHUR's economic losses and as full and final settlement of all claims against BP and
others resulting from the Deepwater Horizon Oil Spill;and
BE IT FURTHER RESOLVED that the City Manager (authorized government official or
designee) is authorized and directed to execute and deliver to BP a general release, in the form attached
hereto (the "Release"), of all damages resulting from or associated with the Deepwater Horizon Oil
Spill, in favor of BP and all entities associated with that incident as listed in the attached Release, which
form and substance are hereby approved; and
BE IT FURTHER RESOLVED that the execution of the Release shall be deemed
conclusive evidence of the approval and acceptance of the Release.
THIS RESOLUTION shall take effect immediately upon its execution.
READ,ADOPTED, AND APPROVED,this day of , 2015 AD, at a
Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES:
Mayor: •
Councilmembers:
NOES: .
Mayor
ATTEST:
Sherri Bellard
City Secretary
APPROVED AS TO FORM:
\rd. `
-621A-1-6
Valeria R. Tizeno
City Attorney
APPROVED FOR ADMINISTRATION:
Brian McDougal
City Manager
TO WHOM IT MAY CONCERN:
RE: Full and Final Release, Settlement and Covenant Not to Sue
In re Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf of Mexico,
on April 20,2010, MDL No. 2179 (E.D. La.)("MDL 2179")
CITY OF PORT ARTHUR
I am the attorney for CITY OF PORT ARTHUR. I am of the legal opinion that Brian McDougal, City
Manager, of the City of Port Arthur, Texas, has the legal authority to execute the Full and Final Release,
Settlement, and Covenant Not to Sue for and on behalf of the CITY OF PORT ARTHUR.
Regards,
Guy G. Fisher