15-18RESOLUTION NO. 15 -18
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CLEARWATER, STATE OF FLORIDA, ACCEPTING A
FULL AND FINAL SETTLEMENT OF ALL CLAIMS
AGAINST BP AND OTHERS RESULTING FROM THE
DEEPWATER HORIZON OIL SPILL; AURTHORIZING THE
EXECUTION AND DELIVERY OF A GENERAL RELEASE
AND OTHER NECESSARY DOCUMENTS AND
PROVIDING AN IMMEDIATE EFFECTIVE DATE.
BE IT RESOLVED by the Clearwater City Council in the State of Florida that the
City of Clearwater hereby accepts BP's offer to pay the amount of Eight Million One
Hundred Thirty Nine Thousand Thirty Nine Dollars ($8,139,039.00) for the City of
Clearwater's economic losses and as full and final settlement of all claims against BP
and others resulting from the Deepwater Horizon Oil Spill; and
BE IT FURTHER RESOLVED that Mayor George Cretekos is authorized and
directed to execute and deliver to BP a general release, in the form attached hereto
( "the Release "), of all damages resulting for or associated with the Deepwater Horizon
Oil Spill, in favor of BP and all entities associates with that incident as listed in the
attached Release, which form and substance are hereby approved and
BE IT FURTHER RESOLVED that the execution of the Release shall be deemed
conclusive evidence of the approval and acceptance of the Release
THIS RESOLUTION shall take effect immediately upon its execution.
PASSED AND ADOPTED this I of July, 2015.
Approved as to form:
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Pamela K. Akin
City Attorney
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George N. Cretekos
Mayor
Attest:
Rosemarie Call
City Clerk
Resolution No. 15 -18