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HomeMy WebLinkAboutRelease of Claims Agreement by Cal & Joanna BishopRELEASE OF CLAIMS ~:~1 ~~ ~~~ IVii=:I~I~IAI'~. THIS RELEASE, executed this 30th, day of June, 2004, by Cal Bishop and Joanna Bishop, whose address is 1038 W. Crestwood, Meridian, Idaho 83642 hereinafter refereed to as "Releasors," and City of Meridian, Idaho and the Meridian Police Department, hereinafter referred to as "Releasee." WITNESSETH: WHEREAS, Releasors are the owners of real property at 1038 W. Crestwood, Meridian, Idaho which was damaged when Meridian Police Department employees made a forced entry into the house in order to make an arrest on February 2, 2004; and WHEREAS, Releasors have made claims against Releasee; and WHEREAS, Releasors and Releasee have now agreed to settle these disputes in all matters between them relating to or arising out of the damage to the residence at 1038 W. Crestwood, Meridian, Idaho, up to the date of the execution of this Release of Claims and which might arise in the future; and WHEREAS, the parties now wish to confirm and memorialize their settlement of all claims and disputes between them relating to this matter; NOW, THEREFORE, Releasors covenant and agree as follows: 1. Releasors' Release. In consideration of the amounts to be paid hereunder and other valuable consideration, receipt of which is hereby acknowledged, Releasors, for themselves, their heirs, successors, assigns, attorneys, agents and representatives, hereby forever release and discharge the City of Meridian and the Meridian Police Department, and their heirs, successors, assigns, legal representatives, agents and attorneys (collectively referred to as "Released Parties"), from any and all claims, causes of action, damages, liabilities, expenses, fees and costs, which Releasors ever had, now have, or may have in the future claim to have had against the Released Parties for any losses, injuries RELEASE OF CLAIMS -Page 1 of 5 or damages, whether anticipated or unanticipated, resulting from, arising out of, or connected directly or indirectly with the incident of February 2, 2004, up to the date of this agreement, including but not limited to, negligence, breach of contract; breach of any covenant or duty of good faith and fair dealing; violation of any statutory or administrative rules, regulations or codes; fraud of any nature, including consumer fraud; interference with prospective advantage; conspiracy; intentional infliction of emotional distress; negligent infliction of emotional distress; misrepresentation of any kind; or any other claims sounding in tort; claims for breach of contract; and including claims for punitive or consequential damages, and attorney fees; and all allegations, express and implied, that were or could have been asserted against Releasee. 2. Payment. Consideration of the promises and releases contained in this agreement, and in full and final settlement of all claims Releasors may have or could have against any of the Released Parties, as set forth in paragraph 1 of this agreement, Releasors will receive the sum of One Thousand Four Hundred Twenty-two and 52/100 Dollars ($1,422.52) in lieu of all other sums which are or might be payable by Releasee to Releasors. 3. Not an Admission. Releasors recognize that any payments or agreement made pursuant to this agreement are not an admission by any of the Released Parties of liability or responsibility for, or the correctness of, all claims that were asserted by Releasors. 4. Confidentiality of this Agreement. Releasors expressly agree that they and their agents will not, at any time, directly or indirectly, except as expressly authorized in writing by Releasee, publicize, divulge, or disclose to any person, entity, or media representative, the amount of this settlement, except that the Releasee or Releasors or their agents may disclose the fact of this settlement, and may further disclose this agreement and the payment under this agreement to any governmental authorities to whom disclosure is required by law, and Releasors may disclose to their legal financial advisors and accountants to the extent necessary to receive professional advice, and then only if such persons are RELEASE OF CLAIMS -Page 2 of 5 expressly made aware of this confidentiality provision and agree to be bound hereby , notwithstanding being obligated by law or professional ethical standards to maintain the confidentiality of such information. 5. Actions Against Releasee. Releasors agree never to commence, prosecute, or cause to be prosecuted against Releasee, any complaint, suit or proceedings based on a claim, demand, cause of action, damage or liability which is being released in this agreement. 6. Indemnity. Releasors agree to indemnify the Released Parties and to hold them harmless from all expenses and costs, including reasonable attorney's fees, incurred by the Released Parties in their defense of any claims brought by Releasors, brought on their behalf, or brought by any third party after the date of this agreement, regarding the subject matter described in paragraph 1 of this agreement. 7. Breach. If Releasors breach the terms of paragraph 5 of this agreement, Releasee shall be entitled to take such action as is deemed necessary, including but not limited to, seeking injunctive relief, and further shall be entitled to recover damages and reasonable attorney's fees. 8. Ownership of Claims. Releasors represent and warrant to the Released Parties that they are authorized and entitled to sign this agreement, and that they own and have not sold, pledged, hypothecated, assigned or transferred the claims being released herein, and Releasors agree to indemnify and hold the Released Parties harmless from any such claim that may be asserted against the Released Parties by any other person or entity regarding the subject of this agreement. 9. Careful Review of Agreement and Understanding of Release. Releasors represent that they have carefully read this agreement and understand its terms and conditions without reservation. Releasors acknowledge that they have had ample opportunity to consult with legal counsel of their choice regarding this agreement, have not relied on any representations or statements of the Released Parties or their counsel with RELEASE OF CLAIMS -Page 3 of 5 EXECUTED the day and year first above written. STATE OF IDAHO County of Ada ss: On this jy- day of 2004, before me, the undersigned, personally appeared Cal Bi op, own or identified to me to be the person whose name is subscribed to the within instrument, and acknowledged to me that he executed the same. ,,,~~o~~nnugr~,i ,~e.~~ ASS eo S®A g ~~e1 ~~i~,i ~+~ sa g~ ~ a~~ ~~ r ~ ~ d O ~ ~ ~ ~ ~.'- ; , ~r ~ r E (SEAL) ~ ~ L ' ~x . ~~ ~t ~ a .® ~, ~. •~P~i-~ 1a ~L' O ~ q~ ~O~e,,, pv "~®. ~~'~~rHr 1 /~~9r®, STATE OF IDAHO ss: County of Ada ) Notary Public f o My commission expires: S v On this ~ day of ~ 2004, before me, the undersigned, personally appeared Joanna isho ,known or identified to me to be the person whose name is subscribed to the within instrument, and acknowledged to me that she executed the same. o,,~~.,...r~ ~. r..T.TL,,/~.~ ~ • a ~~'®°' . ~ n'~AR a ~ ® a-~,:~ ~,k (SEAL) ;, ~ a-~JT;y,,> ~ oo-~T~ ~~e. ~,• ,r~rregrmro~~~e~, Notary Public f Idah My commission expires: ~ S a'b' U RELEASE OF CLAIMS -Page 5 of 5 r------------------------- I N M I W I I I I ~ I I ~ I ~ ~I p I I I I I~ ~ I O ~ 0 r'~ ~ N I I ~ ~ ~ o ' ~° d Z~ ~ s~ I •l~y ~ H I I ~ .~ I O I ~ ~ j I O I I ~ ~ O d I ~ I / I O)I < o'L I a L____-_____~___________N ~ J rn ~~ °' o ~~ 0000 x w 00 c ~ o . 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