Agenda Package - 11-15-07 - Laserfiche WebLink

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• LEE COUNTY Committed Today for a Setter Tomorrow AGREEMENT BETWEEN THE COUNTY OF LEE AND WINN-DIXIE STORES, INC. This Agreement, entered into as of the date indicated below, by and between Lee County ("Claimant") and Winn-Dixie Stores, Inc. and twenty-three of its reorganized debtor affiliates (collectively, the "Debtors"), is as follows: RECITALS A. On February 21, 2005 (the "Petition Date"), the Debtors filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code, 11 U.S.C. §§101- 1330, as amended (the "Bankruptcy Code") in the United States Bankruptcy Court for the Middle District of Florida (the "Bankruptcy Court"). B. On June 29, 2006, the Debtors filed their joint plan of reorganization (the "Plan") • (Docket No. 8856). C. On November 9, 2006, the Court entered an order approving the Plan, as modified (the "Confirmation Order") (Docket No. 12240). The effective date of the Plan was November 21, 2006 (the "Effective Date") (Docket No. 12745). 0. Claimant is listed as a creditor in the Debtors' Chapter 11 cases (Case No. 05- 03817 et. seq.) and has total tax liabilities in the amount of $8,270.27 for certain business personal property taxes (the "Claim"). E. Debtors and Claimant desire to liquidate the amount of the Claim and any other taxes and related amounts for business personal and/or real property taxes for the Tax Period (as defined in Section 4 below) for which no claim was filed (collectively, the "Unclaimed Accounts"); and AGREEMENT NOW, THEREFORE, in consideration of the mutual agreements set forth below, and other valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows: 1. The Debtors and Claimant agree that Debtors shall pay Claimant $4,838.11 • (the "Settlement Amount") in satisfaction of the Claim and Unclaimed Accounts, including, but not limited to Account Number(s) 38005. This