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HomeMy WebLinkAboutAgreement_General_09/19/2011 RELEASE AND SETTLEMENT AGREEMENT This Release (the "Release ") is made, entered into and executed by and between ARCADIS US, Inc., a Florida corporation with offices located at 2081 Vista Parkway, West Palm Beach, Florida 33411 and all of its affiliates, parent, related companies and sub - consultants (hereinafter collectively referred to as "ARCADIS "), and The Village of Tequesta, a municipal corporation organized and existing under the laws of the State of Florida, with offices located at 345 Tequesta Drive, Tequesta, Florida 33469 (hereinafter referred to as the "VILLAGE "). WHEREAS, both ARCADIS and the VILLAGE (the "Parties ") entered into a Professional Engineering Services agreement dated November 12, 2008 in which ARCADIS agreed to perform design and permitting services for the Tequesta Drive Bridge Replacement and Roadway Improvements Project (the "Project "); and WHEREAS, a dispute has arisen between ARCADIS and the VILLAGE under said Project agreement regarding funding assistance that may be owed to the VILLAGE related to premium costs, liquidated damages and CEI costs, and including bridge railing, associated with ARCADIS' work on the Project; and WHEREAS, at a special meeting of the Tequesta Village Council held on August 11, 2011, both ARCADIS and the VILLAGE agreed to settle in full all claims for funding assistance related to premium costs, liquidated damages, and CEI costs, and including bridge railing, associated with construction of the bridge and roadway improvements known at the time of settlement as more fully set forth herein below. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledge, ARCADIS and the VILLAGE agree as follows: 1. Payment. ARCADIS shall pay the VILLAGE an amount of EIGHTY -EIGHT THOUSAND DOLLARS AND NO CENTS ($88,000.00) in full and complete settlement of the matters in dispute as fully set forth and described in Paragraph 2 below. 2. Release and Waiver of Right to Sue by the Parties. The Parties, for themselves and their successors, heirs, executors, administrators, parent and subsidiary companies, attorneys and assigns, hereby releases and forever discharges each other, and each other's subsidiaries, legal representatives, and any and all past, present or future officers, owners, directors, partners, principals, agents, sub - consultants, servants, employees, insurer, attorneys, and predecessors, successors and assigns, individually and in their official capacities (collectively "the released parties "), from any and all claims, debts, demands, causes of action, damages, liabilities, expenses, costs and fees, including, but not limited to, attorneys' fees and costs, which they ever had, now has, or may in the future claim to have against each other for any losses, injuries or damages, whether anticipated or unanticipated, resulting from, arising out of, or connected directly or indirectly with any claims for funding assistance related to premium costs, liquidated damages, and CEI costs, and including bridge railing, associated with the Project, and that are known or with reasonable Page 1 of 3 care should be known at the time of settlement. This release and discharge is in full consideration of the payment referred to in Paragraph 1 above. The VILLAGE represents that it has not filed any charges, complaints or claims of any kind against the released parties with any court or administrative agency. 3. Liabili a. The making of this release and the payment of moneys referred to in Paragraph 1 above are in settlement of the disputed claims between the Parties as set forth more fully in Paragraph 2 above and are not intended, and shall not be construed, as an admission that ARCADIS violated any federal, state or local law, ordinance or regulation, or acted negligently or committed any wrongdoing whatsoever. b. Nothing contained in this Agreement shall be construed to absolve ARCADIS of any of its professional responsibilities or liabilities as the engineer of record for the Project. 4. Confidentiality. To the extent possible and allowed by Chapter 119, Florida Statutes or any other applicable law, the parties agree to keep the settlement of this Action and its terms confidential. 5. Entire Agreement. This Agreement constitutes the entire Agreement with respect to its subject matter and supersedes all prior written or oral agreements, statements, offers or understandings between the Parties. The Parties acknowledge that they are not relying on any other representations, warranties, agreement or undertakings other than those expressly contained in this Agreement. 6. Who is Bound. This Release shall be binding upon Parties' heirs, successors and assigns. This Release is made for the benefit of the released parties and all who succeed to their rights and responsibilities. 7. Signature Papes. This Release may be executed by the signatories on separate signature pages. WHEREFORE, the Parties hereto have signed this Release and Settlement Agreement on the date(s) set forth below. ARCADIS U , Inc. By: Its: Date: I� Page 2 of 3 The Village of Tequesta By: ^i Its: �." •'N' Date: Page 3 of 3