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HomeMy WebLinkAboutResolution - 2002-R0468 - Settlement Agreement With Energas - 10_24_2002Resolution No. 2002-RO468 October 24, 2002 Item No. 35 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a settlement agreement with Energas, a Division of Atmos Energy, in Cause No. 2001-513945, The City of Lubbock, Texas and The West Texas Municipal Power Agency vs. Stewart & Stevenson Energy Products, Inc. aka S&S Energy Products, Inc., a Division of GE Packaged Power, Inc., and Energas, a Division of Atmos Energy, attached hereto, which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 24th day i ATTEST: Q.11 get Rebecca Garza, City Secretary APPROVED AS TO CONTENT: Paul Thompson, Director of Electric Utilities APPROVED AS TO FORM: Ma ew L. Wade Assistant City Attorney 1:/cityatt/matt/settiement resolution - energas 9-2002 Resolution No. 2002-RO468 October 24, 2002 Item No. 35 SETTLEMENT AGREEMENT AND RELEASE This Mutual Release and Settlement Agreement ("Agreement") is made and entered into by and between The City of Lubbock, Texas (the "City") and the West Texas Municipal Power Agency (the "Agency") (collectively, "Plaintiffs"), and Energas Company, a division of Atmos Energy Corporation, a Texas and Virginia Corporation ("Energas"). Plaintiffs and Energas will be referred to collectively herein as the "Parties." WHEREAS, Energas is a public utility, as defined by Texas law, operating in the City, and is a distributor of natural gas in the City and its environs; WHEREAS, Plaintiffs and Energas are parties to a civil lawsuit styled The City of Lubbock, Texas and the West Texas Municipal Power Agency v. Stewart & Stevenson Energy Products, Inc. a/k/a S&S Energy Products, Inc., a Division of GE Packaged Power, Inc., and Energas, a Division ofAtmos Energy, Cause No. 2001-513,945, In the District Court of Lubbock County, Texas, 99 h Judicial District (referred to herein as the "Lawsuit"); WHEREAS, the claims asserted against Energas in the Lawsuit arose out of the business relations between Plaintiffs and Energas, and involve specifically the Municipal Main Extension, Gas Transportation and Pipeline Operation and Maintenance Agreement (the "Contract"), entered into by the City and Energas in or around January 1998 and amended in or around September 1998, pursuant to which Energas agreed to build an eight -mile natural gas pipeline (the "Energas Lateral") that would connect a City -owned gas pipeline at the City's Cooke Station to a new gas turbine (the "Turbine") that was being installed by Defendant GE Packaged Power, Inc. ("GE") at the City's Massengale Station; WHEREAS, Energas did construct and continues to operate the Energas Lateral, an extension of the Energas natural gas system which is used and useful for the primary but not the exclusive purpose of delivery of natural gas to the City at its Massengale electric generation facility; WHEREAS, the Plaintiffs assert that on or about September 2, 1999 the Turbine was damaged due to rust and debris that entered the Turbine from the Energas Lateral and as the result thereof, the Plaintiffs suffered certain damages to which they made claim in the Lawsuit (collectively the "Events"); WHEREAS, Energas has denied and continues to deny any and all liability to Plaintiffs in connection with the Lawsuit, the Contract, the Turbine, the Energas Lateral and the Events; WHEREAS, Energas made a claim in the Lawsuit under the Contract to recover its attorneys' fees for defending the claims brought by Plaintiffs (the "Energas Counterclaim"); WHEREAS, Plaintiffs have denied and continue to deny any and all liability to Energas for the Energas Counterclaim; SETTLEMENT AGREEMENT AND RELEASE — Page 1 WHEREAS, the Parties desire to avoid the vexation and expense involved in a protracted trial of these disputed claims and counterclaims and desire to amicably compromise, settle and dispose of all possible claims and counterclaims between them in the aforementioned Lawsuit or which otherwise have been or could have been asserted in connection with the Contract, the Turbine, the Energas Lateral and the Events up to and including the date of the signing of this Agreement; and WHEREAS, the Parties agree that the consideration for this Agreement is accepted by Plaintiffs in full satisfaction of all claims they may have against Energas in connection with the Contract, the Turbine, the Energas Lateral and the Events up to and including the date of the signing of this Agreement; and WHEREAS, the Parties agree that nothing contained herein affects or may affect in the future the ability of the City or Energas to enforce any rights or obligations under the Contract that (i) arise under the Contract after the date of the signing of this Agreement, and (ii) are not related to the Events up to and including the date of the signing of this Agreement or the claims asserted or which could have been asserted in the Lawsuit. NOW, THEREFORE, in consideration of the mutual covenants, benefits, promises, and agreements contained herein, the receipt, adequacy, and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, represent, covenant, and agree as follows: 1. Payment a. In consideration for settlement of all disputes with Plaintiffs, Energas agrees to pay the sum of Four Hundred Thousand and 00/100 Dollars ($400,000.00) (the "Settlement Amount") to Plaintiffs by no later than October 31, 2002. b. Payment will be made by Energas by delivering a check in the amount of the Settlement Amount to counsel for Plaintiffs at the following address: T.B. Nicholas, Jr., Esq., T.B. Nicholas Jr., P.C., 8214 Westchester, Suite 500, Dallas, Texas 75225. C. Neither this Agreement nor the payment by Energas of the Settlement Amount is intended as an admission of fault or liability by Energas. Energas has denied and continues to deny that it was at fault or is liable in any way with respect to the claims made against it in the Lawsuit, or any costs, expenses or damages allegedly incurred by Plaintiffs in connection with the Contract, the Turbine, the Energas Lateral and the Events. To the contrary, Energas has agreed to pay the Settlement Amount solely for the purpose of avoiding litigation and buying peace. 2. Mutual Release and Discharge a. The City, together with its past, present and future principals, agents, representatives, employees, attorneys, successors, assigns, insurers and underwriters at interest (including, but not limited to, Continental Casualty Company) and any other person or entity SETTLEMENT AGREEMENT AND RELEASE — Page 2 acting on the City's behalf (collectively, the "City Releasors"), for good and valuable consideration recited in Paragraph 1 of this Agreement, the sufficiency of which is hereby acknowledged, hereby releases and forever discharges Energas, its predecessors, successors, parents, subsidiaries, affiliates, related companies, assigns, and any person or entity acting for or on its behalf, including without limitation its past, present and future principals, representatives, directors, officers, agents, shareholders, employees, attorneys, and their respective successors and assigns (collectively, the "Energas Releasees") from any and all claims, causes of action and damages of every kind and nature, in law or in equity, known and unknown, arising out of or related to events occurring through the date of this Agreement, including without limitation all matters relating to the Contract, the Turbine, the Energas Lateral and the Events up to and including the date of the signing of this Agreement, and all matters which were asserted or could have been asserted in the Lawsuit. The City Releasorsrepresent and warrant that there has been no assignment or other transfer of any interest in any such claims which they or any of them may have against the Energas Releasees. b. The Agency, together with its past, present and future principals, agents, representatives, employees, attorneys, successors, assigns, insurers and underwriters at interest (including, but not limited to, Continental Casualty Company) and any other person or entity acting on the Agency's behalf (collectively, the "Agency Releasors"), for good and valuable consideration recited in Paragraph 1 of this Agreement, the sufficiency of which is hereby acknowledged, hereby releases and forever discharges Energas, its predecessors, successors, parents, subsidiaries, affiliates, related companies, assigns, and any person or entity acting for or on its behalf, including without limitation its past, present and future principals, representatives, directors, officers, agents, shareholders, employees, attorneys, and their respective successors and assigns (collectively, the "Energas Releasees") from any and all claims, causes of action and damages of every kind and nature, in law or in equity, known and unknown, arising out of or related to events occurring through the date of this Agreement, including without limitation all matters relating to the Contract, the Turbine, the Energas Lateral and the Events up to and including the date of the signing of this Agreement, and all matters which were asserted or could have been asserted in the Lawsuit. The Agency Releasors represent and warrant that there has been no assignment or other transfer of any interest in any such claims which they or any of them may have against the Energas Releasees. C. Energas, together with its predecessors, successors, parents, subsidiaries, affiliates, related companies, assigns, and any person or entity acting for or on its behalf, including without limitation its past, present and future principals, representatives, directors, officers, agents, shareholders, employees, attorneys, and their respective successors and assigns (collectively, the "Energas Releasors"), for good and valuable consideration recited in Paragraph 2 of this Agreement, the sufficiency of which is hereby acknowledged, hereby releases and forever discharges Plaintiffs, their past, present and future principals, agents, representatives, employees, attorneys, successors, and assigns, and any other person or entity acting on Plaintiffs' behalf (collectively, the "Plaintiff Releasees") from any and all claims, causes of action and damages of every kind and nature, in law or in equity, known and unknown, arising out of or related to events occurring through the date of this Agreement, including without limitation all matters relating to the Contract, the Turbine, the Energas Lateral and the Events up to and including the date of the SETTLEMENT AGREEMENT AND RELEASE — Page 3 signing of this Agreement, and all matters which were asserted or could have been asserted in the Lawsuit. The Energas Releasors represent and warrant that there has been no assignment or other transfer of any interest in any such claims which they or any of them may have against the Plaintiff Releasees. d. The Agency, together with its predecessors, successors, parents, subsidiaries, affiliates, related companies, assigns, and any person or entity acting for or on its behalf, including without limitation its past, present and future principals, representatives, directors, officers, agents, shareholders, employees, attorneys, and their respective successors and assigns (collectively, the "Agency Releasors"), for good and valuable consideration recited in Paragraph 1 of this Agreement, the sufficiency of which is hereby acknowledged, hereby releases and forever discharges the City, their past, present and future principals, agents, representatives, employees, attorneys, successors, and assigns, and any other person or entity acting on the City's behalf (collectively, the "City Releasees") from any and all claims, causes of action and damages of every kind and nature, in law or in equity, known and unknown, arising out of or related to the Events occurring through the date of this Agreement, including without limitation all matters relating to the Contract, the Turbine and the Energas Lateral, and all matters which were asserted or could have been asserted in the Lawsuit. The Agency Releasors represent and warrant that there has been no assignment or other transfer of any interest in any such claims which they or any of them may have against the City Releasees. e. The City, together with its predecessors, successors, parents, subsidiaries, affiliates, related companies, assigns, and any person or entity acting for or on its behalf, including without limitation its past, present and fixture principals, representatives, directors, officers, agents, shareholders, employees, attorneys, and their respective successors and assigns (collectively, the "City Releasors"), for good and valuable consideration recited in Paragraph 1 of this Agreement, the sufficiency of which is hereby acknowledged, hereby releases and forever discharges the Agency, their past, present and future principals, agents, representatives, employees, attorneys, successors, and assigns, and any other person or entity acting on the Agency's behalf (collectively, the "Agency Releasees") from any and all claims, causes of action and damages of every kind and nature, in law or in equity, known and unknown, arising out of or related to the Events occurring through the date of this Agreement, including without limitation all matters relating to the Contract, the Turbine and the Energas Lateral, and all matters which were asserted or could have been asserted in the Lawsuit save and except any contractual obligations or fiduciary responsibilities to which the Agency has with or to the City regardless of the occurrence of the Events or the Lawsuit, including, but not limited to any indebtedness to the City by WTMPA resulting from oral or written agreements related to the period that the Turbine was not commercially operable. The City Releasors represent and warrant that there has been no assignment or other transfer of any interest in any such claims which they or any of them may have against the Agency Releasees. f. The Parties expressly waive and assume the risk of any and all claims encompassed within this Mutual Release that exist as of the date of this Agreement but of which the Parties are unaware, whether through ignorance, oversight, error, negligence or otherwise. SETTLEMENT AGREEMENT AND RELEASE — Page 4 g. It is understood and agreed by the Parties that this Agreement is a compromise of doubtful and disputed claims and/or counterclaims between the Parties hereto. h. Notwithstanding any contrary provisions of this Agreement, the Parties do not release each other from the obligations imposed under this Agreement. To the extent it is necessary for any Party to enforce obligations under this Agreement, said Party shall be entitled to recover reasonable attorney's fees in addition to all other sums owed. 3. Dismissal of the Lawsuit Contemporaneous with execution of this Agreement, the Parties will execute and cause to be filed appropriate papers to cause the Lawsuit to be dismissed with prejudice, with the Parties to bear their own costs and attorneys' fees. Copies of these agreed dismissal papers are attached hereto as Exhibit A. 4. Representations, Warranties, Covenants and Additional Provisions. a. The Parties warrant and represent that they have not assigned, pledged, or otherwise sold, transferred, disposed or encumbered to any persons or entities, including without limitation any insurers or underwriters at interest, by instrument, writing, or otherwise, any claim that they have or may have by reason of any act or failure to act or any conduct whatsoever of any of the Parties. Plaintiffs further agree to indemnify and hold harmless Energas from and against any and all claims, demands or causes of action that may hereafter be brought against Energas by or on behalf of anyone claiming to be an insurer or underwriter at interest or other assignee of any claim owned by Plaintiffs or either of them against Energas ("Indemnified Claims"), including but not limited to the payment of all costs and attorneys' fees incurred by Energas in defending such actions. In defending against any Indemnified Claims, Energas shall have the right to select its own counsel. b. This Agreement between the Parties shall be executed by persons who have full authority and capacity to sign the Agreement on behalf of the City, the Agency and Energas. The Parties further represent and acknowledge that each of them has been represented by counsel with respect to this Agreement and all matters covered by or related to such Agreement. Each party has been fully advised with respect to all rights which are affected by this Agreement, and each party hereby authorizes and directs its respective attorneys to execute and deliver such other and further documents as may be required to carry out the terms of the Agreement. C. This Agreement shall become valid when executed and accepted by the Parties. It shall be deemed made and entered into in the State of Texas, and the parties agree that this Agreement and the obligations provided hereunder shall be governed and construed in all respects by the internal laws and decisions of the State of Texas, including all matters of construction, validity, enforceability and performance. d. The Parties warrant and represent that they have read this Agreement, they have conferred with their attorneys concerning this Agreement and the terms and conditions hereof, and SETTLEMENT AGREEMENT AND RELEASE — Page 5 that they fully understand the terms, conditions, requirements and effect of this Agreement. C. This Agreement constitutes the entire agreement and understanding among the Parties with respect to the Lawsuit and the settlement thereof. This Agreement incorporates, memorializes, and supersedes all prior agreements, arrangements and understandings (written or otherwise) between or among the Parties with respect to the Lawsuit, and no representation or warranty, oral or written, express or implied, has been made by or relied upon by the Parties hereto, except as expressly contained herein. This Agreement may not be modified, amended or altered in any way, or rescinded except by a writing executed and signed by all the Parties. Any waiver of any term or condition of this Agreement must be in writing and shall only be effective for the specific period and purpose expressly stated therein. f. If any provision or part of a provision of this Agreement shall be determined to be void or unenforceable by a court of competent jurisdiction, the remainder of this Agreement shall remain valid and enforceable by any of the Parties hereto. IN WITNESS WHEREOF, the Parties have executed this Agreement with the intent that this Agreement is and shall have the effect of a binding agreement under law as of the day of the last signature by a Party below. The Parties agree that this Agreement may be executed in multiple counterparts. SETTLEMENT AGREEMENT AND RELEASE — Page 6 CITY OF LUBBOCK, TEXAS MARC MCDOUG&L, MAYOR STATE OF TEXAS COUNTY OF LUBBOCK BEFORE ME, the undersigned authority, on this day, personally came and appeared MARC MCDOUGAL known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he is the MAYOR for the City of Lubbock, Texas, that he had the authority to execute said instrument on behalf of the City of Lubbock, Texas, and that he executed said instrument for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this 5 ` day of 2002. &h:2a2 CELIA WEBB 9.............. of Tsxss - 'L- 0301-20M NOTARY PUBLIC My commission expires: 05 -01 - ;w0,4 . SETTLEMENT AGREEMENT AND RELEASE — Page 7 WEST TEXAS MUNICIPAL POWER AGENCY STATE OF T COUNTY OF BEFORE ME, the undersigned authority, on this day, personally came and appeared j/ C / !� 0 e, , , known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he is the 0 h 0 r rn a n for the West Texas Municipal Power Agency, that he had the authority to execute said instrument on behalf of the West Texas Municipal Power Agency, and that he executed said instrument for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, thi�3„ day of 2002. NOTARY PUBLIC My commission expires: SETTLEMENT AGREEMENT AND RELEASE — Page 8 t '2 A DONNA JUSTICE Notary Public, State of Texas My Commission Expires 1-24-2004 ENERGAS, a Division of ATMOS ENERGY BY: Author ed Represent i STATE OF COUNTY OF BEFORE ME, the undersigned authority, on this day, personally came and appeared l D/n .S 14Aw1--/n� , c7 , known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he is the Prgldg oy- for Energas, a Division of Atmos Energy, that he had the authority to execute said instrument on behalf of the Energas, a Division of Atmos Energy, and that he executed said instrument for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of NOTARY PUBLIC My commission expires: 03/Z0/w SETTLEMENT AGREEMENT AND RELEASE — Page 9 aAP2WCODY votwy Pubfie, state of Texas re(,1Pi"WW fires R e, - APPROVED BY: T.B. NICHOLAS, JR., P.C. )7B. Nicholas, Jr. State Bar No. 14 1700 8214 Westche,46r, Suite 500 Dallas, Texas 75225 (214)368-2688 (214)368-3103 (Fax) ATTORNEY FOR PLAINTIFFS BAKER BOTTS L. L. P. K. Alan Parry 1 State Bar No. 24010 600 Trammell Cr Center 2001 Ross Avenue Dallas, Texas 75201 (214) 953-6500 (214) 953-6503 (Fax) ATTORNEY FOR ENERGAS SETTLEMENT AGREEMENT AND RELEASE — Page 10 CAUSE NO.2001-513,945 J'.11 1" : ;? te THE CITY OF LUBBOCK, TEXAS and THE WEST TEXAS MUNICIPAL POWER AGENCY vs STEWART & STEVENSON ENERGY PRODUCTS, INC, a/k/a S&S ENERGY PRODUCTS, INC., a Division of GE PACKAGED POWER, INC., and ENERGAS, a Division of ATMOS ENERGY IN THE DISTRICT COURT O "? ;, 'UTY 37 Vie+ /is LUBBOCK COUNTY, TEXAS 99th JUDICIAL DISTRICT AGREED MOTION TO DISMISS WITH PREJUDICE Plaintiffs The City of Lubbock, Texas and the West Texas Municipal Power Agency (collectively, "Plaintiffs") and Defendant Energas Company, a division of Atmos Energy Corporation, a Texas and Virginia Corporation ("Energas") hereby jointly move this Court to dismiss this action because all matters of fact and things in controversy have been fully and finally compromised and settled. WHEREFORE, the parties request that the Court dismiss this action with prejudice to the rights of any party to refile the action or any part of it, and that all costs be taxed against the party incurring the same. An Agreed Order of Dismissal with Prejudice has been provided for the Court's convenience. AGREED MOTION TO DISMISS WITH PREJUDICE — Page 1 AGREED AS TO FORM AND SUBSTANCE: T.B. NICHOL , JR., P By: 4.B.Nicholas, Jr/ L . State Bar No. 91700 8214 Westc ter, Suite 500 Dallas, Texas 75225 (214)368-2688 (214)368-3103 (Fax) ATTORNEY FOR PLAINTIFFS BAKER BOTTS L. L. P, K.'Alan Pbry V State Bar No. 24007 600 Trammell Crow 2001 Ross Avenue Dallas, Texas 75201 (214) 953-6500 (214) 953-6503 (Fax) ATTORNEY FOR ENERGAS AGREED MOTION TO DISMISS WITH PREJUDICE — Page 2 CAUSE NO. 2001-513,945 LJtt'f THE CITY OF LUBBOCK, TEXAS § IN THE DISTRI(rr UST OF and THE WEST TEXAS MUNICIPAL §. , POWER AGENCY § vs § § LUBBOCK COUNTY, TEXAS STEWART & STEVENSON ENERGY § PRODUCTS, INC, a/k/a S&S ENERGY § PRODUCTS, INC., a Division of GE § PACKAGED POWER, INC., and § ENERGAS, a Division of ATMOS § ENERGY § 99th JUDICIAL DISTRICT AGREED ORDER OF DISMISSAL WITH PREJUDICE On this day came on for consideration the parties' Agreed Motion to Dismiss with Prejudice. The Court, having been made aware that all matters in controversy have been fully compromised and settled, and that, as part of that compromise and settlement, the parties have agreed to the entry of this Agreed Order of Dismissal with Prejudice, is of the opinion that this case should be dismissed with prejudice. IT IS THEREFORE ORDERED that all claims made or which could have been made in this action be and the same hereby are DISMISSED with prejudice. denied. i IT IS FURTHER ORDERED that all costs are taxed against the parties incurring same. This Order is a final judgment in this cause, and all relief not expressly granted herein is SIGNED thiW day of , 2002. HanC4c"' JUDGE PRESIDING AGREED ORDER OF DISMISSAL WITH PREJUDICE — Page 1 AGREED AS TO FORM AND SUBSTANCE: T.B. NICHOLAS'. JR., P.C. rtate .Nicholas, Jr. Bar No. 149 700 8214 Westches ,Suite 500 Dallas, Texas 75225 (214)368-2688 (214)368-3103 (Fax) ATTORNEY FOR PLAINTIFFS BAKER B.OTTS L. Lit. PA KL. Alan Perry i State Bar No. 240 809 Cro Cei 600 Trammell 2001 Ross Avenue Dallas, Texas 75201 (214) 953-6500 (214) 953-6503 (Fax) ATTORNEY FOR ENERGAS AGREED ORDER OF DISMISSAL WITH PREJUDICE — Page 2 rtrrCENED N0V 012OOZ cm kl%R%V(