CONSENT ITEM 14.
A Resolution authorizing the Mayor to execute a Termination and Mutual Release Agreement with Project Tide, Inc. f/k/a SRA Foods, Inc. and Project Tide RE, LLC f/k/a SRA, L.L.C., under which the parties will settle and release all claims
If approved, the city would pay up to $25,000 from the general fund to settle a claim filed by Wilber & Associates on behalf of State Auto Company and UAB. The funds come from existing city accounts.
If approved, the city would pay Southern Natural Gas Company $100,000 from the general fund to settle a claim. The payout would reduce available general fund resources.
If approved, the city would receive $201,826.25 from insurers to cover fire damage to the A.G. Gaston Park Concessions building. The settlement would recover full costs for the March 2026 incident.