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Subject: RMC Pacific Materials, Inc - Settlement Agreement
From: Office Of The City Attorney
Recommendation: Adopt A Resolution Approving Settlement Of RMC Pacific Materials, Inc. Successor In Interest To Lone Star California, Inc. v. City Of Oakland (Alameda Superior Court Case Number RG09489761), By Obligating City To Pay Plaintiff $107,250, Which Constitutes Reimbursement Of Three-Fourths Of Real Property Transfer Taxes Paid By Plaintiff, In Exchange For Dismissal Of Lawsuit Challenging Imposition Of Transfer Taxes In The Amount Of $143,340.07 (Finance And Management Agency; Real Property Transfer Taxes)
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