HomeMy WebLinkAbout72-72 - Partial Settlement - California, et al, vs. Standard Oil Company, et alRESOLUTION NO. 72-72
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA,
CALIFORNIA, AUTHORIZING A PARTIAL SETTLEMENT IN THE CASE OF
STATE OF CALIFORNIA, ET AL. VS. STANDARD OIL COMPANY OF
CALIFORNIA, ET AL., CIVIL ACTION NO. 51107, AND DESIGNATING
THE USE OF FUNDS OBTAINED FROM SAID SETTLEMENT.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE
AS FOLLOWS:
THAT, WHEREAS, the Department of Justice for the State of California
on behalf of the State of California, and ninety-two (92) cities, thirty-
six (36) counties and twelve (12) other plaintiffs has brought suit under
the Sherman Anti -Trust Act against several oil companies alleging violation
of said act on the sale of asphalt paving materials; and
WHEREAS, the Department of Justice for the State of California
represents the City of Costa Mesa in said action; and
WHEREAS, the Office of the Attorney General has proposed a settle-
ment with Golden Bear (Witco) and Edington Oil Company for the sum of
$100,000.00; and
WHEREAS, said sum of $100,000.00 shall be used for the expenses of
proceeding against the remaining defendants in said action; and
WHEREAS, it is necessary to execute certain releases and agreements
in connection with said settlement.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Costa Mesa as follows:
Section 1. That the settlement of the suit filed on behalf of the
City of Costa Mesa, by the Department of ,justice for the State of California
against Witco Chemical Corporation, Robert L. Feldman, and Edington Oil Company,
in State of California, et al. vs. Standard Oil Company of California, et. al.
Civil Action 51107 as set forth in the settlement agreement entered into by
the Office of the Attorney General for the State of California, as liaison
counsel for the City of Costa Mesa, it is hereby authorized, approved and
ratified.
Section 2. That the City Attorney for the City of Costa Mesa,
Roy E. June, be, and he is hereby authorized to execute and deliver the
final release approved by the Office of the Attorney General for the State
of California, and cause the suit to be dismissed without prejudice, each
party to bear its own cost and attorney's fees.
BE IT FINALLY RESOLVED, that the City Attorney for the City of Costa Mesa
be, and he is hereby authorized to execute such papers and documents as are
necessary to accomplish the aforementioned release and to deliver the same
to the Office of the Attorney General for the State of California for his
use in disposition in the aforementioned case.
PASSED AND ADOPTED this 7th day of August, 1972.
Mayor of the City of Costa Mesa
ATTEST:
cla__4� 9 (2�_
City Clerk of the City of Cost esa
STATE OF CALIFORNIA }
COUNTY OF ORANGE ) SS
CITY OF COSTA MESA )
I, EILEEN P. PHINNEY, City Clerk of the City of Costa Mesa and ex -officio
Clerk of the City Council of the City of Costa Mesa, hereby certify that the
above and foregoing Resolution No. 72-72 was duly and regularly passed and
adopted by the City Council of the City of Costa Mesa at a regular meeting
thereof held on the 7th day of August, 1972.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal
of the City of Costa Mesa, this 8th day of August, 1972.
City Clerk and ex -officio Cleof the
City Council of the City of C sta Mesa