Special Board Meeting to approve three Settlement Offers in the MTBE Litigation totaling $111,720. The three defendants in the case requested all plaintiffs timely accept the offer. Due to Board Policy No. 510-01 delegating authority to the General ...  

  •  

    REGIONAL UTILITY AUTHORITIES
    Tampa Bay Water - A Regional Water Supply Authority

    The Tampa Bay Water Regional Water Supply Authority announces a public meeting to which all persons are invited.

    DATE AND TIME: Friday, November 6, 2009, 9:00 a.m.

    PLACE: 2575 Enterprise Road, Clearwater, FL 33763

    GENERAL SUBJECT MATTER TO BE CONSIDERED: Special Board Meeting to approve three Settlement Offers in the MTBE Litigation totaling $111,720. The three defendants in the case requested all plaintiffs timely accept the offer. Due to Board Policy No. 510-01 delegating authority to the General Manager to settle litigation for amounts up to $50,000, Board approval of the settlement offer was required. Since the next regular meeting of the Board of Directors is not scheduled until December 14, 2009, a special meeting of the Board was convened via a telephone conference call.

    The Board unanimously approved the settlements in the amount of $111,720 in the Methyl Tertiary Butyl Ether (MBTE) Products Liability Litigation, Tampa Bay Water v. Amerada Hess Corp. et al, United States District Court Southern District of New York, Master File C.A. No. 1:00-1898, MDL 1358 (SAS), M21-88.

    For more information, you may contact: Richard Lotspeich, General Counsel at (727)796-2355.