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Subject: Communication sponsored by Alder Horton, on behalf of the City Attorney, requesting the City Attorney present proposed settlement in BREG Pike River Development, Inc., et a;., v. City of Racine, et al, Racine County Circuit Court Case No. 24 CV 964, and in BREG Pike River Development, Inc., et a;., v. City of Racine, et al, U.S. District Court for the Eastern District of Wisconsin Case No. 24 CV 909.
Recommendation of the Finance and Personnel Committee on 11-25-2024: That the item be deferred.
Recommendation of the Finance and Personnel Committee on 05-12-2025: To Defer.
Recommendation of the Finance and Personnel Committee on 06-23-2025: To approve $200,000.00 to settle this case as discussed in closed session.
Fiscal Note: Settlement amount of $200,000 will come from account #11202 53500 Judgement and Claims.