Citizen Portal
Sign In

Aldermen approve $5,000 settlement with Iwerks Systems Inc.

5604673 · August 11, 2025

Get AI-powered insights, summaries, and transcripts

Subscribe
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved a resolution authorizing the city administrator to execute a settlement agreement and issue payment of $5,000 to Iwerks Systems Inc., following an earlier closed‑session discussion; the resolution specified no admission of fault.

The Board of Aldermen approved a resolution authorizing the city administrator to execute a settlement agreement and issue payment of $5,000 to Iwerks Systems Inc. Staff said the board had discussed the matter in closed session in April and previously voted to authorize a $5,000 settlement; the resolution formalizes execution and payment, and the settlement language includes a statement that no party admits fault.

Staff said the city administrator is authorized to sign the settlement agreement and ensure timely issuance of the settlement payment; staff noted the settlement should be completed within 30 days of signing. No further details of the underlying dispute were discussed in open session.