Apr. 16—TOLLAND —
Under the settlement, CIRMA pays the town
WHAT: Claims of crumbling foundations in three town buildings
OFFER: The insurer will pay the town
"This is a matter that's been negotiated for two years — literally," Town Attorney
In the spring of 2019, the town filed claims with CIRMA for damage to three properties —
Conti then began negotiations with CIRMA in an attempt to settle the claims short of litigation. With a possible expiration of the applicable statute of limitations, the town and CIRMA have been operating under a "tolling agreement" that has been extended several times, the documents states.
During Tuesday's meeting, Councilman
Conti responded in the affirmative.
"After a thorough review of the insurance policies in issue and the state of the law, including but not limited to recent appellate law in the state of
The resolution approved by the council authorizes Rosen to complete the negotiations and sign the settlement agreement. Funds will be deposited into the capital non-recurring expenditure fund, according to town documents.
In other business Tuesday, the council also unanimously approved appropriating
The proposal will be sent to a virtual public hearing on
The council also unanimously approved transferring
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