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Action Item
DATE: Tuesday, August 11, 2015
TO: School Board Members
FROM: Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS

Approve the Settlement Agreement and Mutual Release Between Riverside Heights Holdings, LLC and Riverside Heights Holdings III, LLC, (Claimants) and the Southwest Florida Water Management District, the School Board of Hillsborough County, Florida, Ecosphere Restoration Institute, Inc. and Jose Cuarta (Defendants)

EXECUTIVE SUMMARY

The firm of Hill Ward Henderson requests School Board approval of the attached Settlement Agreement and Mutual Release with respect to any past, current, or future claims by Riverside Heights Holdings, LLC and Riverside Heights Holdings III, LLC (Claimants) with respect to the above referenced litigation.

As background, this is a suit brought by the Claimants alleging that the School Board, Southwest Florida Water Management District, Ecosphere Restoration Institute, Inc., and Jose Cuarta stored contaminated materials on the Claimants' property relative to the Stewart Middle School Shoreline Restoration Project.

STRATEGIC OBJECTIVES
• Demonstrate best financial practices
FINANCIAL IMPACT (Budgeted:  Yes)

The School District shall pay to Claimants the sum of $96,612.00 from Local Millage.

EVALUATION
SUBMITTED BY: 
    Christopher Farkas

  Chief Operating Officer
(813) 272-4004
    A 7.03
Hillsborough County Public Schools (Florida) * Mtg.#20150811_698 (Board Meeting) * Section A Item# 7.03