Approved by the
Board: November 18, 2008
_________________________
Thursday, October
16, 2008
_________________________
The Board of Commissioners met at the Executive Offices of 1232 Haco Drive, Lansing, Michigan.
Present: Commissioners Robert Cochran (teleconference), Tony DeLuca, Semone James, Frank Lain, Tracy Thomas and Sandra Zerkle.
Absent: Commissioners Peter Kramer and Julee Rodocker.
The Secretary declared a quorum present.
Chairperson Lain called the meeting to order at 2:35 p.m.
THE CHAIR ANNOUNCED THAT
MEMBERS OF THE PUBLIC ARE WELCOME TO SPEAK TO THE BOARD ON ANY AGENDA SUBJECT
AND ANYONE WISHING TO COMMENT ON ANY MATTER NOT ON THE AGENDA MAY DO SO
IMMEDIATELY PRIOR TO ADJOURNMENT.
There were no public comments.
Moved by Commissioner
DeLuca, seconded by Commissioner Thomas to enter into closed session to discuss
a pending litigation matter with Attorney Scott Mandel of Foster,
Swift, Collins & Smith, P.C. as protected
by Open Meetings Act exemption MCL 15.268(e).
(2:38 p.m.) The roll was called.
Yeas: Commissioners Cochran (teleconference), DeLuca, Graves
Nays: None.
Absent: Commissioners Kramer and Rodocker.
Carried unanimously.
Moved by Commissioner
Thomas, seconded by Commissioner DeLuca that the Special Board meeting return
to open session.
Carried unanimously.
The Special Board meeting
reconvened in open session at 3:17 p.m.
WHEREAS, Joseph Pandy, Jr. brought suit against the Lansing Board of Water & Light (LBWL) in Ingham County Circuit Court (2003-11169-CZ); and
WHEREAS, Joseph Pandy, Jr. and the LBWL desire to settle all disputes between them without the uncertainty, expense and delay of continued litigation; and
WHEREAS, Joseph Pandy, Jr. and representatives from LBWL participated in a facilitative mediation held on October 13th and 14th 2008 in the interest of resolving the above referenced matter; and
WHEREAS, Joseph Pandy, Jr. and representatives from LBWL tentatively reached a mutually agreeable settlement, subject to approval by the Board of Commissioners.
RESOLVED, that the Board of Commissioners hereby approves the tentative settlement reached at facilitative mediation.
further Resolved, that the Board of Commissioners hereby authorizes its insurers, American Insurance Group and Philadelphia Insurance Company to remit payment in accordance with the settlement.
FURTHER RESOLVED, that the Board of Commissioners hereby authorizes the release of the full amount, less applicable taxes, in Joseph Pandy, Jr.’s 457(f) account to Joseph Pandy, Jr., subject to and limited by the provisions of the Plan, in accordance with the settlement.
Adopted by Board of Commissioners at a Special Board meeting held______________.
___________________________ ________________________________
Frank Lain Rhonda Jones
Board of Commissioners, Chair Corporate Secretary
Motion by Commissioner Thomas, seconded by Commissioner DeLuca to approve the Litigation resolution.
Action: Carried unanimously.
None.
None.
There were no public comments.
None.
ADJOURNMENT
On motion by Commissioner DeLuca,
seconded by Commissioner Thomas, the meeting adjourned at 3:19 p.m.
/s/ Rhonda Jones, Corporate
Secretary
Filed with
October
23, 2008