Title
Highland Park Settlement Agreement
Body
Agenda of: February 14, 2024
Item No.: 2024-016
Amount: N/A
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Suzanne R. Coffey, P.E.
Chief Executive Officer
Great Lakes Water Authority
DATE: February 12, 2024
RE: Highland Park Settlement Agreement
MOTION
Upon recommendation of William M. Wolfson, Chief Administrative and Compliance Officer, The Board of Directors (Board) of the Great Lakes Water Authority (GLWA):
1) Approves the attached Settlement Agreement and Mutual Release, (Settlement Agreement) between and among the City of Highland Park, the State of Michigan, and GLWA, including exhibits;
2) Authorizes the Chief Executive Officer (CEO) and counsel to GLWA to finalize and execute on behalf of GLWA, the Settlement Agreement for the purposes of effectuating the overall agreement described in the Term Sheet signed by the parties and dated October 18, 2023;
3) The CEO and counsel shall keep the Board advised of the progress of finalizing the Settlement Agreement; and
4) Authorizes the CEO to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
On October 18, 2023, representatives of GLWA, Highland Park, and the State of Michigan (collectively, the "Parties") entered into a Term Sheet to provide for amicable resolution of their differences, long-term water, and sewer services to Highland Park from GLWA, the methodology for payment for those services, and other matters of concern to the parties. On October 25, 2023, GLWA's Board adopted Resolution 2023-385 approving this Term Sheet.
Immediately after approval of the Term Sheet, the Parties began work on the Settlement Agreement to effectuate and codify their common understanding. While there were many agreements between the Parties necessary to effectuate the settlement, the parties recognized the necessary interrelationship between these agreement...
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