§ 2-302. Settlement of claims.

The city attorney may adjust, settle, compromise or submit to arbitration any action, causes of action, accounts, debts, claims, demands, disputes and matters in favor of or against the city or in which the city is concerned as debtor or creditor, now existing or which may hereafter arise and not involving or requiring payment to exceed $25,000.00, and, with the approval of the risk management committee, may do likewise in matters not involving or requiring payment of in excess of $50,000.00. Claim payments in excess of $50,000.00 shall be subject to approval by the city council upon the recommendation of the risk management committee and the city attorney, provided that funds to settle claims generally have been appropriated therefor.

(Admin. Code 1967, § A5.63; Ord. No. 47208, 11-10-76; Ord. No. 53679, 2-12-82; Ord. No. 000336, § 1, 3-22-00; Ord. No. 031116, § 1, 10-16-03; Ord. No. 140578, § 1, 7-31-14 )

Cross reference

Claims against cumulative claim reserve fund, § 2-1688.