TO: Mayor and Commission AGENDA DATE: 5/19/2025
FROM: City Manager AGENDA ITEM: 9 - A
SUBJECT:
Title
Request for approval of Resolution No. 2025-58 Settlement Agreement and Release Maverick Bench Media v City of Deltona Case 2021-11135-CIDL. City Attorney’s office.
Body
LOCATION:
City Wide
COST:
NA
SOURCE OF FUNDS:
NA
ORIGINATING DEPARTMENT:
City Attorney’s Office
POTENTIAL MOTION:
Recommendation
“I move to approved Resolution No. 2025-58.”
END
BACKGROUND:
Background
On or about July 1, 2001, Maverick Bench Media Company (“Maverick”) and the City of Deltona, Florida (the “City”) executed an Agreement pertaining to bus benches, and advertising on bus benches, within the City (the “2001 Agreement”). Disputes have arisen as to the 2001 Agreement, and Maverick and the City have sued each other via a legal action pending before the Circuit Court of the Seventh Judicial Circuit, in and for Volusia County, Florida, styled as Maverick Bench Media v City of Deltona and identified by Case Number 2021-11135-CIDL (the “Litigation”). On or about September 1, 2022, Maverick and Creative Outdoor Advertising of America, Inc. (“Creative”) executed an Exclusive Management Agreement, under which Creative agreed to act as Maverick’s exclusive manager as to, and to be responsible for Maverick’s performance under, the 2001 Agreement. Maverick and Creative are willing to execute a General Release extinguishing any and all claims including all past, present, and future claims for damages related to the Litigation in exchange for the City dismissing its own counterclaims in the Litigation.
End