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2011-0532011-53 Resolution Authorizing Settlement in Third Party Action Commenced by the City of Newburgh Against the Town of Wappinger as Third -Party Defendant At a regular meeting of the Town Board of the Town of Wappinger, Dutchess County, New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on January 24, 2011. The meeting was called to order by Christopher Colsey, Supervisor, and upon roll being called, the following were present: PRESENT: Supervisor - Christopher J. Colsey Councilmembers - William H. Beale (arrived 6:34 PM) Vincent F. Bettina (arrived 6:34 PM) Ismay Czarniecki Joseph P. Paoloni (departed 10:00 PM) ABSENT: The following Resolution was introduced by Councilman Beale and seconded by Supervisor Colsey. WHEREAS, the United States of America commenced an action in the United States District Court for the Southern District of New York against the City of Newburgh and other parties in connection with claims arising out of the Consolidated Iron Super Fund Site in Newburgh, New York; and WHEREAS, the City of Newburgh, as Third Party Plaintiff, has commenced an action against the Town of Wappinger and other parties as Third Party Defendants; and WHEREAS, the City of Newburgh, through its attorneys, Wagstaff & Cartmell, LLP, has offered a proposal to settle all claims against the Town of Wappinger for the sum of Ten Thousand, Four Hundred Fifty Dollars ($10,450.00); and WHEREAS, the Attorney for the Town, Albert P. Roberts, Esq., recommends that the Town enter into this settlement because the costs of defending the matter any further would cost more than any potential further savings. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby authorizes Christopher J. Colsey, Supervisor, and Albert P. Roberts, Attorney to the Town, to settle the action commenced by the City of Newburgh, et al., against the Town of Wappinger in the United States District Court for the Southern District of New York bearing CIVIL ACTION NO. 08 - CIV. 7378 (SCR), for the sum of Ten Thousand, Four Hundred Fifty Dollars ($10,450.00) in full satisfaction of all claims against the Town of Wappinger as set forth in the Settlement Agreement. 3. Christopher J. Colsey, Supervisor, Albert P. Roberts, Attorney to the Town, are hereby authorized to enter into the Settlement Agreement in substantially the same form as attached hereto, together with such other documents as may be necessary to fully settle and resolve all claims against the Town of Wappinger as set forth in the Settlement Agreement. The foregoing was put to a vote which resulted as follows: CHRISTOPHER COLSEY, SUPERVISOR Voting: AYE WILLIAM H. BEALE, COUNCILMAN Voting: AYE VINCENT F. BETTINA, COUNCILMAN Voting: ABSENT ISMAY CZARNIECKI, COUNCILWOMAN Voting: AYE JOSEPH P. PAOLONI, COUNCILMAN Voting: AYE Dated: Wappingers Falls, New York 1/24/2011 The Resolution is hereby duly declared adopted. 4JHN C. MA TERSON, TOWN CLERK