File #: 150100    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 3/17/2015 In control: City Council
On agenda: 3/16/2015 Final action: 3/16/2015
Title: Arbitration in Accordance with the Dispute Resolution Provisions in the Contract Documents between Seaboard Group II, the City of High Point (City) and Purifics ES, Inc. Council is requested to approve Williams Mullen filing a demand for arbitration pursuant to the Rules of the International Chamber of Commerce in accordance with the dispute resolution provisions on the Contract Documents between Seaboard Group II, the City of High Point (City) and Purifics ES, Inc. with the Group paying 75% of the costs of the arbitration from its Remedial Action Trust Fund account, subject to the following conditions: 1) The City agrees to join in filing the demand for arbitration and pay its 25% share of the costs; and 2) Total expenditures for all expenses, costs and attorneys' fees shall not exceed $100,000 without further approval of the Group and the City.
Title
Arbitration in Accordance with the Dispute Resolution Provisions in the Contract Documents between Seaboard Group II, the City of High Point (City) and Purifics ES, Inc.
Council is requested to approve Williams Mullen filing a demand for arbitration pursuant to the Rules of the International Chamber of Commerce in accordance with the dispute resolution provisions on the Contract Documents between Seaboard Group II, the City of High Point (City) and Purifics ES, Inc. with the Group paying 75% of the costs of the arbitration from its Remedial Action Trust Fund account, subject to the following conditions:  1) The City agrees to join in filing the demand for arbitration and pay its 25% share of the costs; and 2) Total expenditures for all expenses, costs and attorneys' fees shall not exceed $100,000 without further approval of the Group and the City.
Body
[Enter body here.]