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HomeMy WebLinkAbout1603• • ORDINANCE NO. /‘61,3 AN ORDINANCE authorizing a settlem -nt agreement of the antitrust suit of the City against Kuhlman Electric Company. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ANGELES that Joseph L. Alioto, the Special Counsel engaged by the City to prosecute the City's antitrust claim growing out of the ,purchases of electrical apparatus, be, and is hereby, authorized to do the following: 1. To enter into an agreement with Kuhlman Electric Company as attorney for the City and the other party plaintiffs in the State of Washington cases and to compromise and settle the ,City's claim against said Company. 2. To receive the sum of $24,427.05 on behalf of all his clients collectively, such sum to be apportioned by Mr. Alioto on the basis of relative purchases by all his clients, of which ,the City shall receive the sum of $575.00 provided such Company lishall not be required to inquire as to the application or distri- bution of such sum amongst Mr. Alioto's clients. 3. To execute and deliver as agent for the City a Covenant Not To Sue in the form attached hereto. 4. To move for a dismissal with prejudice of all iclaims against Kihlman Electric Company transferred to the United 1 States District Court for the Eastern District of Pennsylvania. li Ij PASSED by the City Council and approved by its Mayor at a j 1 ,,regular meeting of the Council held on the 16th day of March, 1967.1 it r Attest: - - ayor City- Clerk ,Approved as to form: IPUBLISHED:/yf.4R, c773) /y69