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Title:
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Resolution approving the settlement of anticipated litigation by the City and County of San Francisco against Office Depot for contract overcharge; the material terms of said settlement are: (1) the City to receive the sum of $3,750,000 in the form of a check; (2) the City to receive from Office Depot credit in the amount of $500,000 toward future purchases by the City over the next 5 years; and (3) payment to Office Depot of the sum of $48,915.40 as full and complete satisfaction of all outstanding balances owed by the City under its office supplies contract with Office Depot.
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