(A) The ED/CEO is authorized to negotiate and settle any claim or lawsuit on any and all matters in an amount not to exceed $500,000. The ED/CEO is authorized to sign all documents necessary to effectuate this authority. Any such settlement must be upon the written recommendation and concurrence of the General Counsel, the Senior Director of Litigation and Risk Management (“Senior Director”) and the Director of Risk Management (“Director”).
(B) Notwithstanding the above, the ED/CEO is authorized to delegate his or her authority to negotiate and settle claims or lawsuits, as set forth in subsection (A) above, up to and including $150,000, to the General Counsel. The General Counsel is authorized to sign all documents necessary to effectuate this authority. Any such settlement must be upon the written recommendation and concurrence of the Senior Director and Director.
(C) In the event that the ED/CEO delegates authority to the General Counsel to negotiate and settle claims or lawsuits pursuant to subsection (B) above, the General Counsel is authorized to delegate up to $25,000 of said authority to either or both of the Senior Director and Director, including the authority to sign all documents necessary to effectuate this authority. Any such settlement must be upon the written recommendation and concurrence of a claims agent or of another attorney in addition to the Director or Senior Director.
(D) The ED/CEO is authorized to negotiate and/or settle any claim or lawsuit involving issues that are not primarily monetary in nature. The ED/CEO is authorized to sign all documents to effectuate this authority. Any such settlement must be upon the written recommendation and concurrence of the General Counsel. The ED/CEO is authorized to delegate all or any portion of this authority to the General Counsel and, in such case, the General Counsel is authorized to sign all documents to effectuate this authority. Any such settlement by the General Counsel must be upon the written recommendation and concurrence of the Senior Director.
(Ord. NIRC 11-02, passed 4-15-2011)