...Title
Settlement of Lawsuit Filed by Unite Here Retirement Fund, et al.
...Recommendations
Approve the settlement of a lawsuit brought by Plaintiffs Unite Here Retirement Fund and Trustees of the Unite Here Retirement Fund in the total amount of $1,550,000 to be paid in two (2) installment payments of $775,000 each and authorize the City Attorney to execute both the Settlement Agreement and a Side Letter to the Settlement Agreement that allows the City to pay the first installment payment by May 9, 2025.
CEQA: Not a Project; File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (City Attorney)
[Rules Committee referral 4/2/2025- Item A.1.a]