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The source text indicates this attachment appears to be a draft document.
The memorandum discusses the settlement of a lawsuit filed by Gradetech Inc. against the City of San Jose regarding a breach of contract related to the construction of the Lake Cunningham Bike Park. The recommended settlement amount is $675,000, with each party bearing its own costs and attorney fees. The settlement aims to resolve all claims and avoid further litigation risks.
Key points
Settlement amount of $675,000 proposed.
Lawsuit pertains to a breach of contract for the Lake Cunningham Bike Park construction.
Gradetech alleged cost overruns and delays.
Settlement will resolve all claims and dismiss the lawsuit with prejudice.
Each party will bear its own attorney fees and litigation costs.
Limitations
The document appears to be a draft as it includes a date and agenda for a future meeting.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 1,723 chars
COUNCIL AGENDA: FILE: ITEM: CITYOF � SANJOSE CAPITAL OF SILICON VALLEY TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: SETTLEMENT OF LAWSUIT FILED BY GRADETECH 4/28/2026 26-535 2.18 Memorandum FROM: Susana Alcala Wood, City Attorney DATE: April 24, 2026 RECOMMENDATION Approve the settlement of a lawsuit brought by Plaintiff Gradetech Inc. in the total amount of $675,000 and authorize the City Attorney to execute a settlement agreement. OUTCOME Settlement of the breach of contract lawsuit brought by Plaintiff Gradetech in the amount of $675,000. Each side will bear its own costs and attorney fees. BACKGROUND This lawsuit arises from a contract between the City of San Jose and Gradetech for the construction of the Lake Cunningham Bike Park in 2017. Following completion of the bike park, Gradetech filed suit alleging that the City owed Gradetech for cost overruns and delays, plus attorney's fees and interest. The matter has been the subject of ongoing litigation since 2017. The settlement will resolve all of Plaintiff's claims for damages, including any future damages. ANALYSIS This is a negotiated settlement between the parties to avoid the risks inherent in litigation. The City...
Official source link unavailable.
The file was imported, but the current source metadata does not include a public document URL.
Generated summaryAI-assisted
The source text indicates this attachment appears to be a draft document.
The document appears to be a draft agreement. For the final document, contact the Office of the City Clerk.
Key points
The document is labeled as a draft.
Contact information for the Office of the City Clerk is provided for obtaining the final document.
Limitations
The text does not provide specific details about the agreement.
There are multiple repeated phrases indicating it is a draft.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 567 chars
DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or CityClerk@sanjoseca.gov for final document. DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or CityClerk@sanjoseca.gov for final document. DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or CityClerk@sanjoseca.gov for final document. 04/07/2026 DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or CityClerk@sanjoseca.gov for final document. DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or CityClerk@sanjoseca.gov for final document.