City Council

7. Page 35 Dayco Funding Corporation, et al. Settlement Agreement\nRecommended Action:\nIt is recommended that the City Council approve the attached settlement\nagreement in the pending litigation matter Dayco Funding Corporation, et al. v.\nCity of Hesperia (SBSC Case No. CIVSB2307020) regarding the development\nof approximately 40 acres of vacant land along the south side of Mojave Street\nbetween Topaz Avenue and Datura Road in the City of Hesperia, CA 92345,\nidentified as Assessor's Parcel Numbers 0405-261-15,16,17,18, 27, 28, 29 &\n30- 0000 (the "Property").\nStaff Person: City Attorney Pam K. Lee\nAttachments: SR Dayco Funding Corporation Settlement Agreement 3-18-2025\nAttachment 1 - Settlement Agreement and General Release\nNEW BUSINESS