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HomeMy WebLinkAboutOrd.4639.10-20-2014BILL NO. 14-165 ORDINANCE NO. V( 39 AN ORDINANCE APPROVING A SETTLEMENT AGREEMENT WITH CENTURYLINK, INC., AND RELATED ENTITIES RELATING TO PAYMENT OF TELEPHONE BUSINESS LICENSE TAXES . WHEREAS, the City of Cape Girardeau, Missouri (the "Plaintiff") is either a named plaintiff or a putative class member in z lawsuit to recover unpaid Telephone Business License Taxes (as defined in the Settlement Agreement described below), which lawsuit is styled City of O'Fallon, Missouri, et al. v. CenturyLink, Inc., et al., Case No. 12SL-CC01723, and is pending in the Circuit Court of St. Louis County, Missouri (the "Lawsuit"); and WHEREAS, the Plaintiffs and Defendants (as defined in the Settlement Agreement) wish to avoid the expense and uncertainty of continued litigation and desire to settle their dispute(s) without further litigation; and WHEREAS, a settlement agreement settling the Lawsuit was signed by the named plaintiffs (as class representatives) and Defendants, and was filed with and preliminarily approved by the Circuit Court of St. Louis County on August 22, 2014 (the "Settlement Agreement"); and WHEREAS, the Plaintiffs and CenturyLink have conducted an investigation and evaluation of the facts and the law relating to the claims in the Lawsuit and believe that the Settlement Agreement is fair, reasonable, adequate and in the best interest of all of the parties; and WHEREAS, pursuant to the Settlement Agreement, the Plaintiff has received a Notice of CenturyLink Class Action Settlement and Approval Hearing, incorporated herein by reference, and a CenturyLink Landline Municipal Tax Settlement Claim Form, incorporated herein by reference, which identify the estimated Back Tax Payment (as defined in the Settlement Agreement) that will be paid and released to the Plaintiff AUrSuant LO LRe SeLLlemenL Agreement a'Ler the SeLtlemenL Agreement becomes Final (as defined in the Settlement Agreement); and WHEREAS, the Plainti'SS da Sire Lo aper o v e and accept the Settlement Agreement and the estimated Back Tax Payment; 01 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, AS FOLLOWS: Article 1. The City of Cape Girardeau, Missouri hereby approves, accepts, and adopts all terms and provisions of the Settlement Agreement as a binding and enforceable agreement between the City of Cape Girardeau, Missouri, and Defendants, as if the City of Cape Girardeau, Missouri, was an original signatory thereto. Article 2. The City of Cape Girardeau, Missouri further approves the estimated Back Tax Payment of $5,974.04 as shown on the CenturyLink Landline Municipal Tax Settlement Claim Form (subject to adjustment as provided by the Settlement Agreement), along with the other relief provided in the Settlement Agreement, as adequate consideration for the release of claims by the City of Cape Girardeau, Missouri against Defendants. Article 3. The City Manager of the City of Cape Girardeau, Missouri, on behalf of the Plaintiff, is hereby authorized and directed to execute the CenturyLink Landline Municipal Tax Settlement Claim Form and any other documents necessary under the Settlement Agreement. Article 4. This Ordinance shall be in full force and effect Ten (10) days after its passage and approval. PASSED AND APPROVED this A ih - 2014. ATTEST: ,V"J Gayle Conrad, City Clerk