It was resolved to agree to a discontinuance of the litigation on the basis that the Council makes no payment whatsoever to Karis, that Karis withdraws its misfeasance allegations and does not repeat them and that the project agreements are treated as lawfully terminated.
The Cabinet agreed that the Council would bear its own costs of the proceedings, save for those costs already paid to the Council by Karis during the course of proceedings, which the Council would retain.
This decision was made on the basis that neither party would bring any further action against the other including against any individual councillor(s) or officer(s).
The Assistant Director – Legal & Democratic Services was authorised to sign a settlement agreement reflecting the above terms.
In accordance with Scrutiny Procedure Rule 17 (a) as set out in the Council’s Constitution, for reasons of urgency the above decisions shall not be subject to the call-in procedure.