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2015-01-27 Sherrets, Bruno & Vogt LLC/Gary & Cheryl Petersen $320,000.00n®1 � L & S gu® 2 1 1 1 20 5000u' c NON-NEGOTIABLE REMITTER Ai )rt Aulbority of the Cut} of Blair -New note 1/2 AUTHORIZEDSIGNATU COPY ti® L3 It, s gjjm COPY CUSTOMER COPY CASHIER'S HECK 13165 VlfashhgtOn P.O. Box 24J3 76-1316/1049 Blair, NE 68008 DATE 01/27/2015 COUNTY BANK 402-426-2111 PTHEAY °OF Airport Authority of the City of Blair $ 300,000.00 r _ s DOLLARS v....... ...I OOUM Tffl IDC aO CORIA ZW ZW aW HM ZW am c NON-NEGOTIABLE REMITTER Ai )rt Aulbority of the Cut} of Blair -New note 1/2 AUTHORIZEDSIGNATU COPY ti® L3 It, s gjjm COPY CUSTOMER COPY CASHIER'S CHECK 131658 � 76-7316!1049 P.O. Box 248 Washington Blair, NE 68008 DATE 01/27/2015 COUNTY BANK 402-426-2111 PAY $ 20,000.00 ORDER OOF E Airport Authority of the City of Blair DOLLARS .... •........... DOUM TMO alp COMM 7M aeo ZW PFAOD ZW ZM NON-NEGOTIABLE REMITTER Airport Authority of the City of Blair -Draw from loan ending 288-2 AUTHORIZED SIGNATURE COPY II' 13 L 6 sail' COPY BLAIR AIRPORT AUTHORITY 30534 Vendor Number SHERRETS BRUNO & VOGT LLC & GARY PETERSEN & CHERYL PETERSEN Account Number 1/27/15 Claim Date 176a Check Number 30 800 5528 1 SETTLEMENT AGREEMENT oR () l Z. - -9pOClj 320,000.00 PAYMENT I do solemnly swear that the above is tree and correct to the best of my knowledge. Subscribed and sworn to before me this 27th day of January, 2015. Finance Committee Approval: P, P Frahm City Treasurer 2 A b5� fib' 1760 BLAIR AIRPORT AUTHORITY TWO R1vERS BANK••y 76-359 BLAIR, NEBRASKA 68008 218 S. 16TH ST. 1049 No. BLAIR, NEBRASKA 68008 - , (402) 426-4191 DATE CHECK NO. AMOUNT 1/27/15 1760 **320,000.00 THREE HUNDRED TWENTY THOUSAND AND 00/100`DOL LAR PAY r TO THE - ORDER" SHERRETS BRUNO & VOGT " LLC & OF_ GARY & CHERYL PETERSEN RMAN gQEB TR SLI ,qp p -LtJ SECURITY FEATURES INCLUDED. DETAILS ON BACK. 131 11800 11? C30110 1: 11049035951: 0095???9118 BLAIR AIRPORT AUTHORITY - 1760 CUSTOMER #- 30534 SHERRETS BRUNO & VOGT LLC INVOICE # REFERENCE GL ACCOUNT #' NET 1/27/1:5 FINAL -SETTLEMENT AGREEM 30_8-00-552,8-_- 320000.00 CHECK DATE -1/27./15 CHECK 4' 1760 TOTAL: 320,000.00 ,1760 BLAIR AIRPORT AUTHORITY CUSTOMER # 3-0534 SHERRETS BRUNO_ & VOGT LLC & INVOICE # REFERENCE, GL ACCOUNT # NET 1/27/15 FINAL SETTLEMENT" AGREEM 30-800-5528 , 320000.00 CHECK DATE: 1/27/15 CHECK # 17.60 TOTAL:' **,320,000.'00 WL"11111" DUOAN BUSINESS FORMS 402430.8173 PRINTED IN USA SETTLEMENT AGREEMENT This is a settlement agreement between Gary M. Petersen and Cheryl A. Petersen, husband and wife, (Petersens) and the City of Blair, Nebraska for and on behalf of the Airport Authority of the City of Blair, Nebraska (City). WHEREAS, the Petersens appealed from the first stage decision of Rod Storm, Airport Manager for the Airport Authority, contesting the amount of relocation benefits payable to the Petersens related to trees held for resale; and WHEREAS, Timothy P. Orrick, the hearing officer designated by the Airport Authority to hear the Petersens' appeal, has recommended the Airport Authority should pay 1.32 million to the Petersens for actual loss of their nursery stock; and WHEREAS, the parties desire to avoid further litigation and have reached an agreement resolving the Petersens' claim for relocation benefits; NOW, THEREFORE, the parties agree as follows: 1. The Petersens agree to accept the sum of $1.32 million payable as follows to fully and completely satisfy all their remaining claims for relocation benefits, whether known or unknown, related to the condemnation of their property described in Case No. C109-308 in the District Court of Washington County, Nebraska, including, but nat limited to, all claims for relocation benefits related to trees existing on the Petersen property as of October 7, 2009: a. 1 million dollars payable upon execution of this agreement; and b. $320,000 payable on or before February 1, 2015. 2. The Petersens shall dismiss their pending appeal for relocation benefits in the administrative proceedings before the Airport Authority and in Case Nos. C112-51 and C112-71 in the District Court of Washington County, Nebraska. THE CITY OF BLAIR, NEBRASKA FOR AND ON BEHALF OF THE AIRPORT AUTHORITY OF THE CITY OF BLAIR, NEBRASKA, BY Geary Combs STATE OF NEBRASKA )ss, COUNTY OF' N dui •a On the ;2% day of December, 2014, before me, the undersigned Notary Public, appeared Gary M. Petersen and Cheryl A. Petersen, husband and wife, known to me to be the identical persons who signed the foregoing instrument, and they, having been first duly sworn, acknowledged the execution thereof to be their voluntary act and deed. Witness my hand and seal this date. GENERAL NOTARY -State Of Nebraska DYANNE: D WENDLING L � My Comm. Exp. August 26, 2016 a,�_o _Qr Notary Public