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File #: 19-0468    Version: Name: RECOMMENDATION OF THE FINANCE SUBCOMMITTEE (LITIGATION) Finance Subcommittee Meeting on Litigation -10/22/2019
Type: Recommendation of the Finance Subcommittee (Litigation) Status: Committee Report
File created: 11/12/2019 In control: Finance Committee
On agenda: 11/19/2019 Final action: 11/19/2019
Title: RECOMMENDATION OF THE FINANCE SUBCOMMITTEE (LITIGATION) Finance Subcommittee Meeting on Litigation -10/22/2019 The Finance Subcommittee on Litigation met on the above listed date and recommends the following for approval: Proposed Settlements Approved Fiscal Year 2019 to Present: $77,153.44 Proposed Settlements to Be Approved: $1,000,000.00 (In addition, post-trial settlement for Horizon Farms Litigation in favor of the Forest Preserve District of Cook County in the amount of $3,015,000 (amount is less than deficiency judgment)) Legal Fees Approved Fiscal Year 2019 to Present: $1,108,034.42 Legal Fees for 10/22/2019 to Be Approved: $137,841.96
Indexes: ARNOLD RANDALL, General Superintendent

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RECOMMENDATION OF THE FINANCE SUBCOMMITTEE (LITIGATION)

Finance Subcommittee Meeting on Litigation -10/22/2019

 

The Finance Subcommittee on Litigation met on the above listed date and recommends the following for approval:

 

Proposed Settlements Approved Fiscal Year 2019 to Present: $77,153.44

Proposed Settlements to Be Approved:                                    $1,000,000.00 (In addition, post-trial settlement for Horizon Farms Litigation in favor of the Forest Preserve District of Cook County in the amount of $3,015,000 (amount is less than deficiency judgment))

 

 

Legal Fees Approved Fiscal Year 2019 to Present:                  $1,108,034.42

Legal Fees for 10/22/2019 to Be Approved:                           $137,841.96

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