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29-RESOLUTION AUTHORIZING/APPROVING COMPROMISE SETTLEMENT AGREEMENT BETWEEN THE CITY AND HOUSING ASSOCIATES AND DANIEL ALLGEIER
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29-RESOLUTION AUTHORIZING/APPROVING COMPROMISE SETTLEMENT AGREEMENT BETWEEN THE CITY AND HOUSING ASSOCIATES AND DANIEL ALLGEIER
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NO. 77918 <br />CITY C1F PARIS, TEXAS § IN THE DYSTRICT COURT <br />_ _Plaintiff, § <br />§ <br />V. § 62ND JUDICIAL DISTRICT <br />§ <br />HOUSING ASSOCIATES, INC. § <br />AND DANIEL ALLGEIER § <br />Defendant. § OF LAMAR COUNTY, TEXAS <br />COMPROMISE SETTLEMENT AGREEMENT AND RELEASE <br />This agreement i.s znade between the Plaintiff, City of Paris, Texas and #he Defendants, <br />Housing Associates, Inc. and Daniel Allgeier. <br />The parties to this agreement have a dispute that resulted in a lawsuit styied City of Paris, <br />Texas v. Housing Associates, Inc. and Daniel Allgeier, Cause No. 77918 and is presently pending <br />in the 62°a Judicial District Court of Lamaz Couanty, Texas. <br />The dispute between the parties is a result of an agreement between Housing Associates, Inc. ; <br />and the City of Paris, Texas for a housing infrastructure fund project. The da.te of the contract was <br />dated December 9, 1999. <br />The City. of Paris, Texas subsequently filed suit against Housing Associates, Inc. and against <br />Daniel Allgeier, Individually. <br />All parties wish ta dispose of the entire controversy and disputes between them, including <br />a.ll claims and causes of action of any kind that currently exist or that may exist in the future in any <br />way to the transaction or occurrence described in this agreement. The parties recognize that there <br />may be ciaims or damages arising out of the transaction or occurrence described in this agreement <br />that are unknown to the parties at the time of the execution of this agreernent, or that xxinay arise in <br />Campromise Setdemeat Agreement <br />City of Paria, Texas v. Housing Associates, Inc. <br />aod Daniel Allgeier <br />EXHIBIT ~ <br />1- 77 7 <br />
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