City of Fresno v. Fare Logistics Corporation of British Columbia, Canada

Filing 51

ORDER to Allison-McCloskey Escrow Company To Release Escrow Funds to Plaintiff City of Fresno, signed by Magistrate Judge Stanley A Boone on 7/3/2013. (Gaumnitz, R)

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1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA 8 9 CITY OF FRESNO, 10 Plaintiff, 11 v. 12 FARE LOGISTICS CORPORATION OF BRITISH COLUMBIA, CANADA 13 Defendant. 14 Case No. 12-cv-02080-AWI-BAM ORDER TO ALLISON-McCLOSKEY ESCROW COMPANY TO RELEASE ESCROW FUNDS TO PLAINTIFF CITY OF FRESNO 15 16 IT IS HEREBY ORDERED, pursuant to the executed Settlement Agreement and Escrow 17 Agreement1 between the parties CITY OF FRESNO and FARE LOGISTICS CORPORATION 18 that: 19 1. The Escrow Holder, ALLISON McCLOSKEY ESCROW COMPANY c/o Escrow 20 Officer RITA LISTER (“Escrow Holder”), shall release the funds held in escrow under 21 Escrow Account Number 131458A-RL in the amount of $350,000.00 (Three Hundred 22 and Fifty Thousand Dollars) to Plaintiff CITY OF FRESNO via direct wire transfer; 23 2. The Escrow Holder shall release all interest earned on the funds held in Escrow 24 Account Number 131458A-RL to Defendant FARE LOGISTICS CORPORATION via 25 direct wire transfer; 26 27 28 1 The executed Escrow Agreement between the parties is attached as Exhibit A to ECF No. 50. 1 3. The Parties shall provide the Escrow Holder their respective wire transfer instructions 2 via separate correspondence to the Escrow Holder upon entry of this Order. 3 4 IT IS SO ORDERED. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Dated: July 3, 2013 _ _ UNITED STATES MAGISTRATE JUDGE

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