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File #: 150423    Version: 1 Name: Settlement of Unlitigated Claim - Association of Bay Area Governments and ABAG Financing Authority for Nonprofit Corporations - City to Receive $1,296,340.66 Plus Interest and Other Costs
Type: Resolution Status: Passed
Introduced: 5/5/2015 In control: Clerk of the Board
On agenda: 5/5/2015 Final action: 6/12/2015
Enactment date: 6/12/2015 Enactment #: 204-15
Title: Resolution approving the settlement of the unlitigated claim in favor of the City against the Association of Bay Area Governments (ABAG) and the ABAG Financing Authority for Nonprofit Corporations for $1,296,340.66 plus interest and other costs; the City’s claim sought recovery following the embezzlement of certain Rincon Hill Community Facilities District bond funds under the jurisdiction of the Mayor’s Office of Housing and Community Development.
Attachments: 1. Leg Ver1, 2. DRAFT Settlement Agrmt, 3. Comm Pkt 052115, 4. Board Pkt 060215, 5. Leg Final
Legislation Details
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