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HomeMy WebLinkAbout59-93 RESOLUTIONRESOLUTION NO. 59-93 A RESOLUTION RATIFYING AMENDMENT TO THE "TOLLING AGREEMENT" BETWEEN THE CITY OF FAYETTEVILLE AND KUTAK, ROCK & CAMPBELL. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1 That the Mayor and City Clerk are hereby authonzed and directed to execute the Amendment No 8 to the "Tolling Agreement" between the City of Fayetteville and Kutak, Rock & Campbell allowing for an extension of time until November 30, 1993 to file suit against Kutak, Rock & Campbell in the incinerator disengagement issue. A copy of the Amendment No. 8 to the "Tolling Agreement" authorized for execution is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 1st day of _hine_, 1993. ATTEST: By: Sherry V Tho'mas, City Clerk APPROVED: By: Fred Hanna, Mayor KUTAK ROCK A PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS THE OMAHA BUILDING 1650 FARNAM STREET OMAHA. NEBRASKA 68102-2186 (402) 346-6000 FACSIMILE (402) 346-1148 May 28, 1993 VIA FACSIMILE Katherine C. Gay, Esq. The Niblock Law Firm Drawer 818 20 East Mountain Street Fayetteville AK 72702 0818 Re: City of Fayetteville, Arkansas, Incinerator Bonds Dear Ms. Gay: ATLANTA BATON ROUGE DENVER LITTLE ROCK LOS ANGELES NEW YORK OKLAHOMA CITY PHOENIX WASHINGTON The letter you sent to me after our telephone conference yesterday mischaracterizes both the law applicable to our firm's services and the facts with respect to the conduct of your clients. Your willingness to assert the draft Complaint's improper allegations, however, maintains continuation of the tolling arrangements as the course least wasteful of the Court's time and attention. Accordingly, our firm has decided to extend the December 28, 1989 Tolling Agreement to November 30, 1993 and I have forwarded three executed originals of Amendment No. 8 to Tolling Agreement to you with the original of this letter. yours, caa-m Enclosures hael Gottschalk • • AMENDMENT NO. 8 TO TOLLING AGREEMENT This Amendment No. 8 to Tolling Agreement is entered into as of the 28th day of May, 1993 by and among the City of Fayetteville, Arkansas ("City"), the Northwest Arkansas Resource Recovery Authority ("Authority") and Kutak Rock ("Kutak"). 1. Pursuant to paragraph 7 of their December 28, 1989 Tolling Agreement, as previously amended (collectively, "Tolling Agreement"), City, Authority and Kutak hereby further amend the Tolling Agreement by deleting from paragraph 3(b) thereof the date "May 31, 1993," and inserting in its place the date "November 30, 1993." 2. City, Authority and Kutak agree the Tolling Agreement remains in full force and effect in all respects and exactly as entered mto on December 28, 1989 with the sole exception of the amendment to paragraph 3(b) stated in this Amendment No. 8 to Tolling Agreement. CITY OF FAYETTEVILLE, ARKANSAS By NORTHWEST ARKANSAS RESOURCE RECOVERY AUTHORITY By KUTAK OC By .1-7ZAttio