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RES NO 11-05-2001 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 11 '5 -2001 0 A RESOLUTION AUTHORIZING SETTLEMENT IN THE CASE OF LANCE ELLISON, ET AL V. CITY OF VAN BUREN. WHEREAS, Lance Ellison and others filed suit against the City of Van Buren alleging they had not been paid in accordance with the Fair Labor Standards Act; and WHEREAS, Lance Ellison and his Co- Plaintiffs have agreed to settle said suit for two (2) years back pay ($75,711.86), plus fifty percent (50 liquidated damages ($37,855.93) and twenty -one thousand dollars ($21,000.00) in attorneys' fees and costs, for a total settlement of $134,567.79; and WHEREAS, It is in the best interests of the citizens of Van Buren to settle this lawsuit for the amount agreed upon, thereby avoiding costly and uncertain litigation. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: That the Clerk of the City of Van Buren is hereby directed to pay to the order of Woodley, Genser McGillivary, in trust for the Plaintiffs in Lance Ellison, et al v. City of Van Buren, the sum of $134,567.79, and Shane Perry, Attorney for the City, is hereby directed to cause an Order to be entered dismissing the suit with prejudice. iG., PASSED AND APPROVED THIS 11 DAY OF NOVEMBER, 2001. �LUx MAYO J N ATTESTED: CITY CLERK/TREASURER 0