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HomeMy WebLinkAbout2024-01-03-R RESOLUTION# A RESOLUTION AUTHORIZING THE PAYMENT OF JUDGMENT TO INDEPENDENCE, COUNTY WHEREAS, that Judgment was entered against the City of Batesville by Mandate by the Arkansas Court of Appeals in Independence County Circuit Case Number 32CV-20-25; WHEREAS, Independence County is agreeable to accepting payment for said Judgment in monthly$5,000 increments from the City interest free until paid in full. NOW,THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF BATESVILLE,ARKANSAS SECTION 1:The City of Batesville hereby authorizes the Mayor to enter into MOU with Independence County attached hereto and incorporated herein, and the Clerk is authorized to make said installment payments per said MOU. PASSED AND APPROVED this `" day of January, 2024. Rick Elunibaugh, Mayor ATTEST: 6". 44 e) Denise iolinst7on, City Cl INDEPENDENCE COUNTY JUDGE KEVIN JEFFERY Independence County Courthouse • 192 East Main Street • Batesville,Arkansas 72501 MEMORANDUM OF UNDERSTANDING BETWEEN INDEPENDENCE COUNTY ARKANSAS AND CITY OF BATESVILLE,ARKANSAS.REGARDING SATISFACTION OF JUDGMENT This Memorandum of Understanding (the "MOU") is entered into on this��day of 2023 by and beriveen Independence County, Arkansas (the "County") and The City of Batesville,Arkansas(the"City"),and will be binding on all parties upon the execution of this MOU. WITNESSETH: WHEREAS, on January 6, 2022, the Independence County Circuit Court entered a judgment in case 32CV-20-25 in favor of Independence Couty, Arkansas in the amount of $174,682.00;,and, WHEREAS,after an appeal to the Arkansas Court of Appeals,the Circuit Court judgment was affirmed on September 27, 2023, and a Mandate-from the Clerk of the Arkansas Court of Appeals was filed on October 27,2023;and, WHEREAS, the City has proposed to satisfy the'judgment by paying Five Thousand Dollars(S5,000.00)per month until the judgment is satisfied;and :WHEREAS,the County's quorum court voted to accept the proposal of the City; and IT IS THEREFORE hereby agreed that: MOU between Independence County and City of Batesville In re:Satisfaction of Judgment Page l of 2 Tele. (870) 793.8800 • Cell(870)612-9489 • Fax(870) 793-8803 • countyjudgeCa)independencecounty.com INDEPENDENCE COUNTY JUDGE KEVIN JEFFERY Independence County Courthouse • 192 East Main Street • Batesville,Arkansas 72501 SECTION 1. The City agrees to pay the County Five Thousand Dollars (S5,000.00) per month until the S174,682.00 judgment has been Rilly satisfied; and SECTION 2. The County agrees not to pursue interest on the remaining balance of the judgment while the City makes the-abovementioned installment payments: The parties have executed-this Agreement this�Aay of I 2023. 4 LU -- Independence Coun td Mayor of Bat r ansas ATTEST: Uhu Q. depende a County Clerk City Clerk of Batesville,Arkansas r rt,tttt��, MOU between Independence County and City of Batesville In re:Satisfaction of Judgment Page 2 of 2 Tele. (870)"793.8800 • Cell(870)612-9489 • Fax(870) 793-8803-• countyjudge@independencecounty.com