HomeMy WebLinkAboutPublic Cable Television Authority (PCTA) - 2019-01-22 SETTLEMENT AGREEMENT AND RELEASE
THIS SETTLEMENT AGREEMENT AND RELEASE ("Settlement Agreement") is
made and entered into by and among:
City of Huntington Beach, a charter city,
"Plaintiff'
And
CITY OF FOUNTAIN VALLEY, a general law city("Fountain Valley"); CITY OF STANTON,
a charter city ("Stanton"); CITY OF WESTMINSTER, a general law city; ("Westminster"); and
Public Cable Television Authority("PCTA"),a Joint Powers Authority that is currently comprised
of three members; Stanton, Fountain Valley and Westminster;
"Defendants."
RECITALS
A. On January 22, 2019, Plaintiff gave notice to PCTA that was terminating its
membership in PCTA, effective July 22, 2019. On that date, Plaintiff in fact terminated its
membership in PCTA.
B. On May 21, 2019, Plaintiff filed a Complaint for Injunctive and Declaratory relief
and Writ of Mandamus against Defendants in the Superior Court, County of Orange, State of
California, Case No. 30-2019-01071652, (the "Complaint"), which Complaint arose out of
Plaintiff's notice that it was terminating its membership in PCTA and certain alleged actions taken
by Defendants in response thereto. In the Complaint, Plaintiff sought injunctive and declaratory
relief as well as a Writ of Mandamus compelling the dissolution of PCTA,and further compelling
PCTA to distribute 67.42%of the funds held in PCTA's Local Agency Investment Fund("LAIF")
to Plaintiff, among other claims for relief. Defendants deny any wrongdoing and further deny
that Plaintiff is entitled to any of the relief requested in the Complaint.
C. Whereas PCTA currently leases studio space in the City of Huntington Beach City
Hall,and by this Settlement Agreement the Parties wish to clarify their existing obligations under
the lease and the pending termination of the lease, as is discussed herein.
D. Plaintiff and Defendants (collectively, hereafter the "Parties") desire to enter into
this Settlement Agreement in order to provide for certain actions in full settlement and discharge
of all claims which are, or might have been, the subject matter of the Complaint and Writ of
Mandamus,upon terms and conditions as set forth herein.
E. This Settlement Agreement affects claims and demands that are disputed, and by
executing this Settlement Agreement,none of the parties admits to, or concedes,any of the claims,
defenses or allegations which were raised or could be raised by any other party or any third party.
Moreover,neither this Settlement Agreement, nor any part of this Settlement Agreement, shall be
1
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construed to be, nor shall it or any part of it be admissible in any proceeding as evidence of, an
admission by any party of any violation of law or wrongdoing. This document may only be
introduced into a proceeding to enforce the terms of the Settlement Agreement. Liability for any
and all claims or demands of any other party is expressly denied by each party to this Settlement
Agreement.
F. This Settlement Agreement is intended to be binding upon the Parties and may be
reduced to a Judgment in the event of a breach of this Settlement Agreement by any Party. The
Court may retain jurisdiction over the Parties to enforce the settlement until performance in full of
the terms of the Settlement Agreement pursuant to California Code of Civil Procedure section
664.6. Said code section is expressly adopted hereby.
G. Regardless of who may have written or otherwise prepared this Settlement
Agreement, it shall be deemed as jointly prepared by the Parties and the language herein shall be
in all cases interpreted fairly.
AGREEMENT
The parties agree as follows:
1.0 RELEASE AND DISCHARGE
1.1 Subject to and in consideration of the required actions set forth in Section
2, the Parties hereby completely release and forever discharge each other and any of their
respective agents, representatives, insurers, elected officials, employees, from any and all past or
present claims, demands, obligations, actions, causes of action, rights, damages, costs, losses of
services, expenses and compensation of any nature whatsoever, whether based on a tort, contract
or other theory of recovery, which the Parties now have, or which may hereafter accrue or
otherwise be acquired,on account of,or may in any way grow out of the incidents described in the
Recitals herein above and in the Complaint,which are incorporated into this Settlement Agreement
by this reference, including,without limitation, any and all known or unknown claims for property
damages of Plaintiff, or of any Party's representatives or heirs, which have resulted or may result
from the alleged acts or omissions of any Party. In connection with the foregoing,all Parties agree
to execute any and all documents necessary to give effect to this Settlement Agreement, and
Plaintiff agrees to execute and file a request for dismissal of the Complaint in its entirety,as further
set forth in Section 2.5 herein.
1.2 This Release and Discharge shall be a fully binding and complete settlement
among all the Parties hereto, and their heirs, assigns and successors.
1.3 All Parties acknowledge and agree that the Release and Discharge set forth
above is a general release subject to Section 2. The Parties expressly waive and assume the risk
of any and all claims for damages which exist as of this date,but which they do not know or suspect
to exist, whether through ignorance, oversight, error, negligence, or otherwise, and which, if
known, would materially affect the Parties' decision to enter into this Settlement Agreement.
Subject to Section 2,the Parties further agree that they have accepted the actions specified herein
as a complete compromise of matters involving'disputed issues of law and fact. Each Party
2
214796/19-7640
assumes the risk that the facts or law may be other than each believes. It is understood and agreed
to that this Settlement Agreement is a compromise of disputed claims, and the actions performed
pursuant to this Settlement Agreement are not to be construed as an admission of liability on the
part of any Party, by whom liability is expressly denied.
1.4 Except as expressly stated otherwise, it is the intention of the Parties that
this Settlement Agreement shall be effective as a bar to all actions, causes of action, obligations,
costs, expenses, attorneys' fees, damages, losses, claims, liabilities and demands of whatsoever
character, as it relates to the incident at issues in the subject Complaint, known or unknown,
suspected or unsuspected as hereinabove specified. In furtherance of this intention, the Parties
hereby waive any and all rights based upon the provisions of California Civil Code §1542 which
reads as follows:
"A general release does not extend to claims that the creditor
or releasing party does not know or suspect to exist in his or
her favor at the time of executing the release and that, if
known by him or her would have materially affected his or
her settlement with the debtor or released party."
1.5 Except for the obligations contained within and the express limitations to
the release language of this Settlement Agreement, the Parties acknowledge that the foregoing
waiver of the provisions of California Civil Code § 1542 was separately bargained for, and the
Parties expressly consent that the release set forth in this Settlement Agreement shall have the
same full force and effect as to any claims, demands, and causes of action which are unknown or
unsuspected as said release.
2.0 ACTIONS AND AGREEMENT ON FINAL DISTRIBUTION OF PROPERTY
AND TERMINATION OF LEASE
2.1 In consideration of the release set forth above, PCTA agrees that it will
distribute to Plaintiff the sum of$1 million dollars ($1,000,000.00) from PCTA's account in the
State of California's Local Agency Investment Fund(LAIF),and will transfer by wire transfer this
amount to an account of Plaintiff's choosing within fourteen (14) calendar days of the full and
complete execution of this Settlement Agreement by all Parties. The Parties acknowledge and
agree that these funds so transferred from LAIF originated from the payment of Public,
Educational and Governmental ("PEG") fees that were paid by cable/video operators based on
gross revenues derived from the operation of their networks to provide cable or video service
within the jurisdiction of Plaintiff,and Plaintiff further agrees that it shall be solely and completely
responsible for compliance with all State and Federal laws governing the administration, use and
expenditure of such funds. Defendants shall have no liability for the administration, use and
expenditure of said funds upon the transfer from the PCTA LAIF account.
2.2 In further consideration of the release set forth above, PCTA agrees that it
will convey to Plaintiff all equipment and other personal property of PCTA that is located in the
Huntington Beach City Hall City Council Chambers and the AudioNisual Room that is
immediately adjacent to the Council Chambers,which transfer of title shall take place immediately
upon execution of this Settlement Agreement by all Parties. The Parties agree that Plaintiff shall
3
214796/19-7640
take title to such equipment and other personal property "as is," free and clear of any claims or
liens, and Defendants make no representations or warranties regarding the physical condition of
said equipment and personal property. The Parties further agree that Plaintiff shall be responsible
for the preparation and execution of any documents that may be necessary to effect a transfer of
title of said equipment and other personal property.
2.3 In further consideration of the release set forth above,the Parties agree that
all other property of PCTA, real and personal, tangible and intangible, shall remain the property
of PCTA following the execution of this Settlement Agreement. This includes, but is not limited
to, the balance of the PCTA LAIF fund following the payment set forth in Section 2.1 herein, the
balance in PCTA's account with Bank of America, all personal property located in PCTA's
administrative office in Fountain Valley, the mobile studio truck and all equipment and personal
property located in said vehicle, all personal property and other equipment that is located in the
leased studio space in the Huntington Beach City Hall,which is not identified in Section 2.2 herein,
the right to use the regional channel capacity historically reserved as Channel 6, the right to use
Channel 3 within the Cities of Fountain Valley, Stanton and Westminster, all videos and programs
prepared and produced by PCTA, the PCTA domain names and YouTube channel, and other
intellectual property of PCTA. Plaintiff agrees that it shall have no right to the use of such
intellectual property of PCTA for any purpose without first obtaining the express written consent
of PCTA.
2.4 In further consideration of the release set forth above,the Parties agree that
PCTA's current lease of studio space in the Huntington Beach City Hall shall terminate within 30
days of the execution of this Settlement Agreement. Defendants shall be responsible for the
removal of all equipment and other personal property from the studio space, and Defendants shall
surrender possession of the studio space to Plaintiff on or before the 30th day following the
execution of this Settlement Agreement. The Parties agree that any equipment or other personal
property that is Left in the leased studio space following the termination of the lease shall become
the property of Plaintiff. Plaintiff agrees that it will not hinder or otherwise interfere with
Defendants' removal of all of PCTA's equipment and other personal property in the leased studio
space, and the Parties agree that they will cooperate and work in good faith in order to achieve an
orderly and efficient relocation of PCTA's equipment and other personal property from the leased
studio space. Provided Defendants comply with this Section 2.4, PCTA shall have no further
obligation to pay rent to Plaintiff under the existing lease for the duration of the term.
2.5 In further consideration of the release set forth above, Plaintiff agrees that
it will file a dismissal of the Complaint as to all Defendants, with prejudice, within seven(7) days
of PCTA's transfer of the LAIF funds set forth in Section 2.1 herein.
3.0 DOCUMENTS
This document may be executed in counterparts. All Parties agree to cooperate
fully and execute any and all supplementary documents and to take all additional actions, which
may be necessary or appropriate to give full force and effect to the basic terms and intent of this
Settlement Agreement.
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214796/19-7640
4.0 ATTORNEY'S FEES
4.1 Each party shall bear all attorneys' fees and costs arising from the actions
of its own counsel in connection with its prosecution and defense of the Complaint,this Settlement
Agreement, the matters referred to herein, and all related matters, except as otherwise may be
provided in this Settlement Agreement.
5.0 REPRESENTATION OF COMPREHENSION OF DOCUMENT
In entering into this Settlement Agreement, each Party represents that the Party has
relied upon the advice of that Party's attorney(s), who is/are the attorney(s) of that Party's own
choice, concerning the legal and income tax consequences of this Settlement Agreement; that the
terms of this Settlement Agreement have been completely read and explained to that Party by the
Party's attorney(s); and that the terms of this Settlement Agreement are fully understood and
voluntarily accepted by each Party.
6.0 WARRANTY OF CAPACITY TO EXECUTE AGREEMENT
Each Party represents and warrants that no other person or entity has, or has had,
any interest in the claims, demands, obligations, or causes of action referred to in this Settlement
Agreement, except as otherwise set forth herein; that each Party has the sole right and exclusive
authority to execute this Settlement Agreement and receive the sums specified in it; and that each
Party has not sold, assigned, transferred, conveyed or otherwise disposed of any of the claims,
demands, obligations or causes of action referred to in this Settlement Agreement. Each Party
further represents and warrants that it is authorized to execute this Settlement Agreement and bind
itself to the terms hereof.
7.0 GOVERNING LAW
This Settlement Agreement shall be construed and interpreted in accordance with
the laws of the State of California.
8.0 ENTIRE AGREEMENT AND SUCCESSORS IN INTEREST
This Settlement Agreement contains the entire agreement between the Parties
hereto with regard to the matters set forth in it and shall be binding upon and inure to the benefits
of the executors, administrators, personal representatives, heirs, successors and assigns of each.
The Parties acknowledge and agree that there is no part of this Settlement Agreement that is not
stated in writing herein, and the Parties further agree that this Settlement Agreement may only be
modified or amended by an express written amendment that is executed by all Parties hereto.
9. EFFECTIVENESS
This Settlement Agreement may be executed as one or more counterparts,and each
such counterpart shall be deemed an original,but all of which together shall constitute one and the
same instrument. A photocopy or facsimile transmission of the Settlement Agreement, including
signatures, shall be deemed to constitute evidence of the Settlement Agreement's execution.
5
214796/19-7640
Should any provisions of this Settlement Agreement be declared or determined by
any court to be illegal or invalid,the validity of the remaining parts,terms or provisions, shall not
be affected thereby and said illegal or invalid pant,term, or provision shall be deemed no longer to
be a part of this Settlement Agreement.
The date of the last signature placed hereon shall hereinafter be known as the "date
of execution" of this Settlement Agreement..
City of Huntington Beach (Plaintiff) City of Fountain Valley (Defendant)
By: By:
Its: - C i) M C(-.- t LiA ,>>3,� Its: lAasi oft-
Date: _�— I — a-i�1� Date: to — zz— lest
APPROVED AS TO FORM APPROVED AS TO FORM
By; By; Attorney for the City
D Date: 9/l 9/2019
City of Westminster (Defendant) City of Stanton (Defendant)
By: By:
Its: Its:
Date: Date:
COUNTERPART
6
214796/19-7640
Should any provisions of this Settlement Agreement be declared or determined by
any court to be illegal or invalid, the validity of the remaining parts. terms or provisions, shall not
be affected thereby and said illegal or invalid part, term,or provision shall be deemed no longer to
be a part ofthis Settlement Agreement.
'The date of the last signature placed hereon shall hereinafter be known as the "date
ofexecution" of this Settlement Agreement-
City of FIuntington Beach (Plaintiff) City of l ountain Valley (Defendant)
By: By:
Its: C t N'\Z! e.r, 1 -A rig' Its:
Date: _(- I�} — a y 1 Date:
APPROVED AS 'f0 FORIM APPROVE-D AS 'rO FORM
'e5:00- -- Z�-?-—���f
By: ClTd Mtn By:
D( c: Date:
City of Nest in ter (Defendant) City of Stanton (Defendant)
By: By: �J
Its: Its: 02C
Date: Date: DC�O�E( .��z I q
COUNTERPART
214796/19-7640
APPROVED AS TO FORM APPROVED AS TO FORM
;- (; cf,
By: T. C; rA&>v By: City Attorney
Date: /D Date: 10/22/19
Public Cable Television Authority (Defendant)
By:
Its:
Date:
APPROVED AS TO FOR.N1
By: Authority Attorney
Date: 10/22/19
COUNTERPART
214796/19-7640
APPROVED AS TO FORM APPROVED AS TO FORM
By: _ By:
Date: Date:
Public Cable Television Authority (Defendant)
BYK�;
Its:
Date: el q
T—
APPROVED AS TO FORM
By:
Date:
COUNTERPART
214796/19-7640
4QfA;�fG 4P9
SETTLEMENT AGREEMENT AND RELEASE
THIS SETTLEMENT AGREEMENT AND RELEASE ("Settlement Agreement") is
made and entered into by and among:
City of Huntington Beach, a charter city,
"Plaintiff'
And
CITY OF FOUNTAIN VALLEY, a general law city ("Fountain Valley"); CITY OF STANTON,
a charter city ("Stanton"); CITY OF WESTMINSTER, a general law city; ("Westminster"); and
Public Cable Television Authority("PCTA"),a Joint Powers Authority that is currently comprised
of three members; Stanton, Fountain Valley and Westminster;
"Defendants."
RECITALS
A. On January 22, 2019, Plaintiff gave notice to PCTA that was terminating its
membership in PCTA, effective July 22, 2019. On that date, Plaintiff in fact terminated its
membership in PCTA.
B. On May 21, 2019, Plaintiff filed a Complaint for Injunctive and Declaratory relief
and Writ of Mandamus against Defendants in the Superior Court, County of Orange, State of
California, Case No. 30-2019-01071652, (the "Complaint"), which Complaint arose out of
Plaintiff's notice that it was terminating its membership in PCTA and certain alleged actions taken
by Defendants in response thereto. In the Complaint, Plaintiff sought injunctive and declaratory
relief as well as a Writ of Mandamus compelling the dissolution of PCTA, and further compelling
PCTA to distribute 67.42%of the funds held in PCTA's Local Agency Investment Fund("LAIF")
to Plaintiff, among other claims for relief. Defendants deny any wrongdoing and further deny
that Plaintiff is entitled to any of the relief requested in the Complaint.
C. Whereas PCTA currently leases studio space in the City of Huntington Beach City
Hall, and by this Settlement Agreement the Parties wish to clarify their existing obligations under
the lease and the pending termination of the lease, as is discussed herein.
D. Plaintiff and Defendants (collectively, hereafter the "Parties") desire to enter into
this Settlement Agreement in order to provide for certain actions in full settlement and discharge
of all claims which are, or might have been, the subject matter of the Complaint and Writ of
Mandamus, upon terms and conditions as set forth herein.
E. This Settlement Agreement affects claims and demands that are disputed, and by
executing this Settlement Agreement,none of the parties admits to,or concedes,any of the claims,
defenses or allegations which were raised or could be raised by any other party or any third party.
Moreover, neither this Settlement Agreement,nor any part of this Settlement Agreement, shall be
1
214796/19-7640
construed to be, nor shall it or any part of it be admissible in any proceeding as evidence of, an
admission by any party of any violation of law or wrongdoing. This document may only be
introduced into a proceeding to enforce the terms of the Settlement Agreement. Liability for any
and all claims or demands of any other party is expressly denied by each party to this Settlement
Agreement.
F. This Settlement Agreement is intended to be binding upon the Parties and may be
reduced to a Judgment in the event of a breach of this Settlement Agreement by any Party. The
Court may retain jurisdiction over the Parties to enforce the settlement until performance in full of
the terms of the Settlement Agreement pursuant to California Code of Civil Procedure section
664.6. Said code section is expressly adopted hereby.
G. Regardless of who may have written or otherwise prepared this Settlement
Agreement, it shall be deemed as jointly prepared by the Parties and the language herein shall be
in all cases interpreted fairly.
AGREEMENT
The parties agree as follows:
1.0 RELEASE AND DISCHARGE
1.1 Subject to and in consideration of the required actions set forth in Section
2, the Parties hereby completely release and forever discharge each other and any of their
respective agents, representatives, insurers, elected officials, employees, from any and all past or
present claims, demands, obligations, actions, causes of action, rights, damages, costs, losses of
services, expenses and compensation of any nature whatsoever, whether based on a tort, contract
or other theory of recovery, which the Parties now have, or which may hereafter accrue or
otherwise be acquired,on account of,or may in any way grow out of the incidents described in the
Recitals herein above and in the Complaint,which are incorporated into this Settlement Agreement
by this reference, including,without limitation, any and all known or unknown claims for property
damages of Plaintiff, or of any Party's representatives or heirs,which have resulted or may result
from the alleged acts or omissions of any Party. In connection with the foregoing,all Parties agree
to execute any and all documents necessary to give effect to this Settlement Agreement, and
Plaintiff agrees to execute and file a request for dismissal of the Complaint in its entirety,as further
set forth in Section 2.5 herein.
1.2 This Release and Discharge shall be a fully binding and complete settlement
among all the Parties hereto, and their heirs, assigns and successors.
1.3 All Parties acknowledge and agree that the Release and Discharge set forth
above is a general release subject to Section 2. The Parties expressly waive and assume the risk
of any and all claims for damages which exist as of this date,but which they do not know or suspect
to exist, whether through ignorance, oversight, error, negligence, or otherwise, and which, if
known, would materially affect the Parties' decision to enter into this Settlement Agreement.
Subject to Section 2, the Parties further agree that they have accepted the actions specified herein
as a complete compromise of matters involving disputed issues of law and fact. Each Party
2
214796/19-7640
assumes the risk that the facts or law may be other than each believes. It is understood and agreed
to that this Settlement Agreement is a compromise of disputed claims, and the actions performed
pursuant to this Settlement Agreement are not to be construed as an admission of liability on the
part of any Party, by whom liability is expressly denied.
1.4 Except as expressly stated otherwise, it is the intention of the Parties that
this Settlement Agreement shall be effective as a bar to all actions, causes of action, obligations,
costs, expenses, attorneys' fees, damages, losses, claims, liabilities and demands of whatsoever
character, as it relates to the incident at issues in the subject Complaint, known or unknown,
suspected or unsuspected as hereinabove specified. In furtherance of this intention, the Parties
hereby waive any and all rights based upon the provisions of California Civil Code §1542 which
reads as follows:
"A general release does not extend to claims that the creditor
or releasing party does not know or suspect to exist in his or
her favor at the time of executing the release and that, if
known by him or her would have materially affected his or
her settlement with the debtor or released party."
1.5 Except for the obligations contained within and the express limitations to
the release language of this Settlement Agreement, the Parties acknowledge that the foregoing
waiver of the provisions of California Civil Code § 1542 was separately bargained for, and the
Parties expressly consent that the release set forth in this Settlement Agreement shall have the
same full force and effect as to any claims, demands, and causes of action which are unknown or
unsuspected as said release.
2.0 ACTIONS AND AGREEMENT ON FINAL DISTRIBUTION OF PROPERTY
AND TERMINATION OF LEASE
2.1 In consideration of the release set forth above, PCTA agrees that it will
distribute to Plaintiff the sum of$1 million dollars ($1,000,000.00) from PCTA's account in the
State of California's Local Agency Investment Fund(LAIF),and will transfer by wire transfer this
amount to an account of Plaintiff's choosing within fourteen (14) calendar days of the full and
complete execution of this Settlement Agreement by all Parties. The Parties acknowledge and
agree that these funds so transferred from LAIF originated from the payment of Public,
Educational and Governmental ("PEG") fees that were paid by cable/video operators based on
gross revenues derived from the operation of their networks to provide cable or video service
within the jurisdiction of Plaintiff,and Plaintiff further agrees that it shall be solely and completely
responsible for compliance with all State and Federal laws governing the administration, use and
expenditure of such funds. Defendants shall have no liability for the administration, use and
expenditure of said funds upon the transfer from the PCTA LAIF account.
2.2 In further consideration of the release set forth above, PCTA agrees that it
will convey to Plaintiff all equipment and other personal property of PCTA that is located in the
IIuntington Beach City Hall City Council Chambers and the AudioNisual Room that is
immediately adjacent to the Council Chambers,which transfer of title shall take place immediately
upon execution of this Settlement Agreement by all Parties. The Parties agree that Plaintiff shall
3
214796/19-7640
take title to such equipment and other personal property "as is," free and clear of any claims or
liens, and Defendants make no representations or warranties regarding the physical condition of
said equipment and personal property. The Parties further agree that Plaintiff shall be responsible
for the preparation and execution of any documents that may be necessary to effect a transfer of
title of said equipment and other personal property.
2.3 In further consideration of the release set forth above,the Parties agree that
all other property of PCTA, real and personal, tangible and intangible, shall remain the property
of PCTA following the execution of this Settlement Agreement. This includes, but is not limited
to, the balance of the PCTA LAIF fund following the payment set forth in Section 2.1 herein,the
balance in PCTA's account with Bank of America, all personal property located in PCTA's
administrative office in Fountain Valley, the mobile studio truck and all equipment and personal
property located in said vehicle, all personal property and other equipment that is located in the
leased studio space in the Huntington Beach City Hall,which is not identified in Section 2.2 herein,
the right to use the regional channel capacity historically reserved as Channel 6, the right to use
Channel 3 within the Cities of Fountain Valley,Stanton and Westminster, all videos and programs
prepared and produced by PCTA, the PCTA domain names and YouTube channel, and other
intellectual property of PCTA. Plaintiff agrees that it shall have no right to the use of such
intellectual property of PCTA for any purpose without first obtaining the express written consent
of PCTA.
2.4 In further consideration of the release set forth above,the Parties agree that
PCTA's current lease of studio space in the Huntington Beach City Hall shall terminate within 30
days of the execution of this Settlement Agreement. Defendants shall be responsible for the
removal of all equipment and other personal property from the studio space,and Defendants shall
surrender possession of the studio space to Plaintiff on or before the 30th day following the
execution of this Settlement Agreement. The Parties agree that any equipment or other personal
Property that is Left in the leased studio space following the termination of the lease shall become
the property of Plaintiff. Plaintiff agrees that it will not hinder or otherwise interfere with
Defendants' removal of all of PCTA's equipment and other personal property in the leased studio
space, and the Parties agree that they will cooperate and work in good faith in order to achieve an
orderly and efficient relocation of PCTA's equipment and other personal property from the leased
studio space. Provided Defendants comply with this Section 2.4, PCTA shall have no further
obligation to pay rent to Plaintiff under the existing lease for the duration of the term.
2.5 In further consideration of the release set forth above, Plaintiff agrees that
it will file a dismissal of the Complaint as to all Defendants,with prejudice, within seven (7) days
of PCTA's transfer of the LAIF funds set forth in Section 2.1 herein.
3.0 DOCUMENTS
This document may be executed in counterparts. All Parties agree to cooperate
fully and execute any and all supplementary documents and to take all additional actions, which
may be necessary or appropriate to give full force and effect to the basic terms and intent of this
Settlement Agreement.
4
214796/19-7640
4.0 ATTORNEY'S FEES
4.1 Each party shall bear all attorneys' fees and costs arising from the actions
of its own counsel in connection with its prosecution and defense of the Complaint,this Settlement
Agreement, the matters referred to herein, and all related matters, except as otherwise may be
provided in this Settlement Agreement.
5.0 REPRESENTATION OF COMPREHENSION OF DOCUMENT
In entering into this Settlement Agreement,each Party represents that the Party has
relied upon the advice of that Party's attorney(s), who is/are the attorney(s) of that Party's own
choice, concerning the legal and income tax consequences of this Settlement Agreement; that the
terms of this Settlement Agreement have been completely read and explained to that Party by the
Party's attorney(s); and that the terms of this Settlement Agreement are fully understood and
voluntarily accepted by each Party.
6.0 WARRANTY OF CAPACITY TO EXECUTE AGREEMENT
Each Party represents and warrants that no other person or entity has, or has had,
any interest in the claims, demands, obligations, or causes of action referred to in this Settlement
Agreement, except as otherwise set forth herein; that each Party has the sole right and exclusive
authority to execute this Settlement Agreement and receive the sums specified in it; and that each
Party has not sold, assigned, transferred, conveyed or otherwise disposed of any of the claims,
demands, obligations or causes of action referred to in this Settlement Agreement. Each Party
further represents and warrants that it is authorized to execute this Settlement Agreement and bind
itself to the terms hereof.
7.0 GOVERNING LAW
This Settlement Agreement shall be construed and interpreted in accordance with
the laws of the State of California.
8.0 ENTIRE AGREEMENT AND SUCCESSORS IN INTEREST
This Settlement Agreement contains the entire agreement between the Parties
hereto with regard to the matters set forth in it and shall be binding upon and inure to the benefits
of the executors, administrators, personal representatives, heirs, successors and assigns of each.
The Parties acknowledge and agree that there is no part of this Settlement Agreement that is not
stated in writing herein, and the Parties further agree that this Settlement Agreement may only be
modified or amended by an express written amendment that is executed by all Parties hereto.
9. EFFECTIVENESS
This Settlement Agreement may be executed as one or more counterparts, and each
such counterpart shall be deemed an original, but all of which together shall constitute one and the
same instrument. A photocopy or facsimile transmission of the Settlement Agreement, including
signatures, shall be deemed to constitute evidence of the Settlement Agreement's execution.
5
214796/19-7640
Should any provisions of this Settlement Agreement be declared or determined by
any court to be illegal or invalid,the validity of the remaining parts,terms or provisions, shall not
be affected thereby and said illegal or invalid part, term, or provision shall be deemed no longer to
be a part of this Settlement Agreement.
The date of the last signature placed hereon shall hereinafter be known as the "date
of execution" of this Settlement Agreement..
City of Huntington Beach (Plaintiff) City of Fountain Valley (Defendant)
By: By:
Its: C J'h) iYir L►^-1 ,,,�,T_ Its: ko..r d2
Date: — I'�-— a-v 1 y Date: 10
APPROVED AS TO FORM APPROVED AS TO FORM
By: M� By: Attorney for the City
D Date: 9/19/2019
City of Westminster (Defendant) City of Stanton (Defendant)
By: By:
Its: Its:
Date: Date:
6
214796/19-7640
Should any provisions of this Settlement Agreement be declared or determined by
any court to be illegal or invalid, the validity of the remaining parts. tenns or provisions, shall not
be affected thereby and said illegal or invalid part, term,or provision shall be deemed no longer to
be a part of this Settlement Agreement.
The date of the last signature placed hereon shall hereinafter be known as the "date
ofexecution" of this Settlement Agreement-
City of Fluntington Beach (Plaintiff) City of Fountain Valley(Defendant)
By: By:
Its: c i J�i�t � �~l.�,t Its:
Date: _�— t'} — a;y 1y Date:
APPROVED AS TO FORIM APPROVED AS "rO FORM
BY: "r Ml/ By:
D, c: Date:
City of West in ter (Defendant) City of Stanton (Defendant)
By: By: �J
Its: Its: /I. 6VLr
Date: ---tdrlD)— Date:_ ()0-40her- t ziq
COUNTERPART
214796/19-7640
APPROVED AS TO FORM APPROVED AS TO FORM
By: T. C; F By: City Attorney
Date: 10 Date: 10/22/19
Public Cable Television Authority (Defendant)
By:
Its:
Date:
APPROVED AS TO FORM
By: Authority Attorney
Date: 10/22/19
COUNTERPART
214796/19-7640
APPROVED AS TO FORM APPROVED AS TO FORM
By: ,_ By:
Date: Date;
Public Cable Television Authority (Defendant)
By
Its:
Date: �/ pC,�• 4A 1 9
APPROVED AS TO FORM
By:
Date:
COUNTERPART
214796/19-7640 7