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MINUTES - Executive - 11/14/2002 CITY OF SALEM 611 NOVEMBER 14, 2002 REGULAR MEETING OF THE CITY COUNCIL EXECUTIVE SESSION A Regular Meeting of the City Council was held in the Council Chamber on Thursday, November 14, 2002 at 7.00 P.M. for the purpose of transacting any and all business, at which time the City Council, by recorded roll call vote, went into Executive Session with City Solicitor John Keenan, to discuss a potential settlement. Notice of this meeting was posted on November 8, 2002 at 1.39 P.M. All Councillors were present. President Regina R. Flynn presided. President Flynn called upon City Solicitor John Keenan to address the Council. Mr. Keenan explained that this is regarding Richard's Leather on Webb Street, which dates back to 1997. After many years of problems, in May of 2002, and after inspection, a report of the Building Inspector stated that the building should be condemned and taken down. The City took down the building and assumed the costs. There was also hazardous waste involved, such as asbestos shingles, etc. Following that, a wrongful suit was filed. The proposed settlement would be to have the matter dismissed, and the owner would pay us $210,000.00 by June, and if no payment by June, then they would pay the full $360,000.00 owed to us. Councillor Driscoll moved to approve the settlement. It was so voted by a unanimous roll call vote of 11 yeas, 0 nays, 0 absent. On the motion of Councillor O'Leary, the Executive Session adjourned at 7.35 P.M. ATTEST: DEBORAH E. BURKINSHAW CITY CLERK