Title
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Authorize Settlement of Industrial Wastewater Surcharge Obligation of Patriot Linen LLC, in Principal Sum of $70,291.48, Plus Penalty and Interest, and Authorize Chief Engineer and General Manager and District Counsel to Take All Appropriate Steps to Secure Collection of All Past Due Amounts, Including Authority to Institute Litigation, Stipulate to Judgment, and Execute Settlement Agreement That Provides for Payment of Indebtedness on Periodic Basis
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Summary
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Summary: The company has failed to pay surcharge balances for Fiscal Year 2024-2025, and Quarters 1-3 of 2025-2026, and has been unresponsive to collection requests. This authorization includes any amounts otherwise due and additional amounts that become due prior to institution of litigation or settlement. This item is consistent with the Districts’ Guiding Principles of commitment to fiscal responsibility and prudent financial stewardship.
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Staff Recommendation
recommendation
Staff recommends to authorize a settlement of industrial wastewater surcharge obligation of Patriot Linen LLC, in the principal sum of $70,291.48, plus penalty and interest, and authorize the Chief Engineer and General Manager and District Counsel to take all appropriate steps to secure collection of all past due amounts, including authority to institute litigation, stipulate to judgment, and execute a settlement agreement that provides for payment of indebtedness on a periodic basis.