City of Lakesite Commission Regular Meeting Agenda May 2026
City and Artech settle and terminate pool design contract
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Description
Lakesite is finalizing a Settlement and Release Agreement with Artech Design Group, Inc. to end its original pool house design contract and mutually waive outstanding design fee and project-related claims. The agreement takes effect at execution and limits City claims to those asserted within 730 days.
Contract Details
Vendor
ARTECH DESIGN GROUP INC
Agency
City of Lakesite, TN
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 19, 2026
Contract Term
Effective upon full execution; City claims barred if not asserted within 730 days of Effective Date
Renewal Info
Design contract assigned from Artech to Tinker Ma and now terminated by agreement; Article 8 on claims and disputes continues to apply, and City must assert any remaining claims within 730 days of the Effective Date.
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