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Title:
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Resolution approving the settlement of the unlitigated claim filed by One Market Plaza, the Equitable Life Assurance Association of the United States, the International Business Machines Corporation, the IBM Retirement Plan Trust Fund, Chase Manhattan Bank, N.A., as trustee for the IBM Retirement Plan Trust Fund, and One Market Plaza Corporation against San Francisco for (1) $22,603,656.68 adjusted for additional interest after March 31, 2000, plus (2) an additional $659,306.64 in 1994-95 taxes and interest through March 31, 2000 adjusted for additional interest after March 31, 2000 provided that one of the above-named parties can demonstrate that it paid property taxes on One Market Plaza for the 1994-95 tax year; claims were filed on various dates between May 12, 1993 and January 19, 1995; additional material terms of said settlement is contingent upon adoption of stipulate values by the Assessment Appeals Board.
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