Resolution of the City of Jersey City, N.J.

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GOLUB & ISABEL P.C.ATTORNEYS AT LAW160 Littleton Road, Suite 300, Parsippany, NJ 07054Tel: (973) 968-3377Fax: (973) 968-3044David L. Isabel, Esq.E-Mail: DLIsabel0)golub-isabel.comWeb: www.golub-isabel.comOctober 9,2009Via U.S. Mail & Electronic MailWilliam MatsikoudisCorporation CounselCity of Jersey City280 Grove StreetJersey City, NJ 07302::)",_.J~ ':;r-)CJ-'-'--r- ---1J:.._~-'.:,: CJCJ -,-;t--r-ir~_ì (__,-)~~-,~" -".;-~j ì r--:1_.!;_:~,~.~ ".(:?--_.':~cnr" ~':j~..Re: The Travelers Indemnity Company SettlementDear Mr. Matsikoudis:As discussed earlier this week, enclosed please find the proposed ConfidentialSettlement Agreement and Release between the City of Jersey City and The TravelersIndemnity Company, including Gulf Insurance Company, to resolve certainenvironmental claims. We recommend this agreement for approval by the insurance fundand city council so that it can be executed and finalized. Travelers wil pay Jersey City$195,000 in exchange for its buyback of,j.ts liability policies. As always, should you haveany additional questions, please do not hesitate to contact me.dh~Very truly yours,David L. Isabelcc: Brian O'Reily, Business Administrator (via electronic mail)Peter Soriero, Risk Manager (via electronic and overnight delivery)Laurence Eisenstein, Esq. (via electronic mail) ,DLI/pcFile No. 70081
"- ,CONFIDENTIAL SETTLEMENT AGREEMENT AND RELEASETHIS SETTLEMENT AGREEMENT AND RELEASE ("Agreement") is madeand entered into by and between Gulf Insurance Company ("Gulf') and The TravelersIndemnity Company ("Travelers Indemnity") (on behalf of "Travelers" as that term ishereinafter defined) and the City of Jersey City ("the City" as that term is hereinafterdefined). The foregoing are collectively referred to herein as the "Parties."WITNESSETH THAT:WHEREAS, Travelers Indemnity and Gulf issued, or are alleged to have issued,various liability insurance policies to the City under which the City claims to be entitledto coverage (the "Policies" as that term is hereinafter defined); andWHEREAS, certain Claims (as that term is hereinafter defined) including but notlimited to Environmental Claims (as that term is hereinafter defined) have been and/ormay in the future be brought against the City for which the City has sought, is seeking, ormay hereinafter seek insurance coverage under the Policies; andWHEREAS, Travelers Indemnity and Gulfhave denied and continue to deny thatthey have any obligation to defend or indemnify the City under the Policies or otherwisewith regard to the Claims; andWHEREAS, a dispute has arisen between the City and Travelers concerning theavailability of coverage for the Claims; andWHEREAS, the Parties have each consulted with their legal counsel regardingtheir rights with respect to the City's Claims for insurance coverage and believe it is intheir mutual interest to reach an amicable resolution with respect to past, present or futuredisputes relating to Travelers alleged obligations to the City under the Policies, and;
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Resolution of the City of Jersey Ci
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~.City Clerk File No. Res. 09-873Ag
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City Clerk File No. Res.Agenda No.
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..City Clerk File No.Res. 09-875Age
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. .City Clerk File No.Res. 09-876Ag
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City Clerk File No. Res. 09-878Agen
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~.'. ... . ~City Clerk File No. Res
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AGREEMENTThs Agreement dated theday
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services, etc., in order to carry o
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Before fial payment on the contract
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APPLICATION FOR RECREATIONAL EVENT
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The State shall have the right of i
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Page 47 and 48: City Clerk File No. Res. 09-888Åge
Page 49 and 50: --~4. The Licensee agrees to assume
Page 51 and 52: ':.~'~~-;-'..:ï"-- -.-~assign this
Page 55 and 56: :-';=.':Form W..9(Rev. Oclober 2007
Page 57 and 58: )BUSINESS ENTITY DISCLOSURE CERTIFI
Page 59 and 60: ,Part 3: Disclosure of Contribution
Page 65 and 66: Date Submitted to B.A.RESOLUTION FA
Page 73 and 74: Resolution of the City of Jersey Ci
Page 77 and 78: ibte 2. Income before taxes: Averag
Page 79 and 80: Shelter $10,023 $4,808 $4,126 $4,87
Page 81 and 82: .urces of income and personal taxes
Page 83 and 84: Number of employees 1,600 100% livi
Page 85 and 86: JERSEY CITY RECOVERY ZONEJUNE 23, 2
Page 87 and 88: 'Resolution of the City of Jersey C
Page 89 and 90: CITY OF JERSEY CITY30 MONTGOMERY ST
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Page 95 and 96: capacity as such, agents, elected o
Page 97 and 98: limited to, ground water, surface w
Page 99 and 100: 3. Payment of Settlement Amount3.01
Page 101 and 102: esponsibilities and obligations of
Page 103 and 104: with the City and exercise good fai
Page 105 and 106: 9.05 Other than this Agreement as p
Page 107 and 108: 12. Other Provisions12.01 This Agre
Page 110 and 111: .. "";EXHIBIT AThe Travelers Indemn
Page 112 and 113: Continuation of Resolution Res ~ 09
Page 114 and 115: DETERMINATION OF VALUE CERTIFICATIO
Page 118 and 119: 423-483-3225' ¡Erwn FN I!;!==I :11
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Page 123 and 124: PUBLIC DISCLOSURE INFORMTIONChapter
Page 126 and 127: MADATORY EQUAL EMPLOYMNT OPPORTUNTY
Page 128 and 129: AMERICANS WITH DISABILITIES ACT OF
Page 130 and 131: MINORITYIWOMA BUSINESS ENTERPRISE (
Page 132 and 133: ,"C.271 PlAl"'1 1m_ ~Requir Puuat T
Page 134 and 135: CITY OF JERSEY CITYRESOLUTION:VENDO
Page 138 and 139: AGREEMENTThis Agreement dated the d
Page 140 and 141: notify the City of their engagement
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For the term of the contract, the c
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lß!21/20Ø~12: 29 28134381340ll!13
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ie/21/2009 12: 28 201343sei4010/81/
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1~/21/2eÐ9 12: 28 20134~B04Ø. .l
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10/21/2009 12: 282013c:3SEl40NAKBrH
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Continuation of Resolution, City Cl
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Fonn AA302Rev, 10/08STATE OF NEW JE
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MINORITYfWOM.A.N BUSli\TESS ENTERPR
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AMERICANS WITH DISABILITIES ACT OF
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PUBLIC DISCLOSURE INFORMATIONChapte
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Continuation of ResolutionCity Cler
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Resolution of the City ofJersey Cit
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LEGISLATIVE FACT SHEETThis summary
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City Clerk File No.Agenda No.Approv
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Resolution of the City of Jersey City, N.J.

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