Pittsburgh Logo
File #: 2009-2092    Version: 1
Type: Resolution Status: Passed Finally
File created: 12/21/2009 In control: Committee on Finance and Law
On agenda: Final action: 12/28/2009
Enactment date: 12/28/2009 Enactment #: 771
Effective date: 12/31/2009    
Title: Resolution Authorizing the issuance of Warrants in the total sum of $3,775,000.00, payable as follows: in the sum of $963,333.33 in favor of Thomas Doswell and Neufeld Scheck & Brustin, LLP, Attention: Peter J. Neufeld, Esquire, 99 Hudson Street, New York, NY 10013; and $295,000.00 to Liberty Life Assurance Company of Boston , c/o of the same address, for the year 2010, the first year of three years of payments. The three years of payments are in full and final settlement of an action filed in the United States District Court for the Western District of Pennsylvania, at No. 07-cv-0761 for an incident in March 1986. Authorizing Warrants in the sum of $5 603,333.33 to Neufeld Scheck & Brustin, LLP; and $7 655,000.00 to Liberty Life Assurance Company of Boston American General Annuities Services Company, for year 2011, the second year of three years. Authorizing Warrants in the sum of $5 703,333.33 to Neufeld Scheck & Brustin, LLP; and $7 555,000.00 to Liberty Life Assurance Company ...
Indexes: WARRANT
Attachments: 1. 2009-2092.DOC, 2. 2009-2092 REVISED.DOC, 3. 2009-2092 REVISED 2.DOC
Presenter
Presented by Mr. Peduto

Title
Resolution Authorizing the issuance of Warrants in the total sum of $3,775,000.00, payable as follows: in the sum of $963,333.33 in favor of Thomas Doswell and Neufeld Scheck & Brustin, LLP, Attention: Peter J. Neufeld, Esquire, 99 Hudson Street, New York, NY 10013; and $295,000.00 to Liberty Life Assurance Company of Boston , c/o of the same address, for the year 2010, the first year of three years of payments. The three years of payments are in full and final settlement of an action filed in the United States District Court for the Western District of Pennsylvania, at No. 07-cv-0761 for an incident in March 1986. Authorizing Warrants in the sum of $5 603,333.33 to Neufeld Scheck & Brustin, LLP; and $7 655,000.00 to Liberty Life Assurance Company of Boston American General Annuities Services Company, for year 2011, the second year of three years. Authorizing Warrants in the sum of $5 703,333.33 to Neufeld Scheck & Brustin, LLP; and $7 555,000.00 to Liberty Life Assurance Company of Boston Symetry Assigned Benefits Service Company, for year 2012, the final year of three years.

body
Be it resolved by the Council of the City of Pittsburgh as follows:

Section 1. The Mayor is hereby authorized to issue and the City Controller to countersign Warrants in the total sum of $3,775,000.00, payable as follows: in favor of Thomas Doswell and Neufeld Scheck & Brustin, LLP in the sum of $963,333.33; and $295,000.00 to Liberty Life Assurance Company of Boston, for year 2010, the first year of three years of payments, all three payments of which are in full and final settlement of any and all claims filed in the United States District Court for the Western District of Pennsylvania, at No. 07-cv-0761, and charge the same to Code Account 46, Index Code 004606, Fund 1000, Sub 170, Account 582200, Org. 999200, Budget Year 2010. The following four additional Warrants are to be charged to the same Account, with the 2011 p...

Click here for full text