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lfvC'l;!?PNGE' NOT REGOIRED WORK NIAY PROCFIO N-2Ef26-4133 CITY CLERK DATE.FEB 17 2026 o w(a) prnisy htI1'1alAdU 7unathanT2rlCeurc{(W-) FULL AND FINAL PROPERTY DAMAGE RELEASE AGREEMENT 1. For and in consideration of the total amount of SEVEN THOUSAND FIVE HUNDRED DOLLARS AND 001100 ($7,500.00), CITY OF SANTA ANA, hereinafter referred to as"Releasor," hereby fully and forever releases and discharges LOVE M. PHAM and each of their respective assigns, successors, heirs, executors, administrators, insurers, predecessors, and any other person or entity that would qualify as an insured under the State Farm Mutual Automobile Insurance Company policy that affords coverage for the damages arising out of the December 1, 2022 accident referenced herein past and present, hereinafter collectively referred to as "Releasees," from any and claims, demands, and liabilities regarding any and all property damage arising from or out of any act, transaction, occurrence, event, error or omission which may have occurred with respect limiting the generality of the foregoing, any and all property damage claims arising from or out of any act, transaction, occurrence, event, error or omission which may have occurred with respect to (1) the accident or incident occurring on or about December 1, 2022 at the intersection of Flower Street and 1st Street in Santa Ana, California, and (2) any and all property damage claims which were, or might, or could have been alleged in connection with the lawsuit entitled PHAM V. CITY OF SANTA ANA, Orange County Superior Court Case No. 30-2023-01337853. Releasor hereby agrees to dismiss its cross complaint with prejudice and each side agrees to bear its own costs and attorney's fees. 2. It is understood and agreed that this settlement is the compromise of a disputed claim; that the payment made is not to be construed as an admission of liability on the part of the parties hereby released; and that said Releasees deny liability therefore and intend merely to avoid litigation and buy their peace. Releasors warrant that no promise or inducement has been offered except as herein set forth. Releasors warrant that this release is executed without reliance upon any statement or representation by Releasees or their representatives concerning the nature and extent of any damages or legal liability. 3. Releasors hereby acknowledge that the terms and conditions of this release agreement have been completely read, are fully understood and voluntarily accepted for the express purpose of making a full compromise, adjustment and settlement of any and all claims as mentioned above. 4. Releasors warrant and represent that Releasors have not assigned any rights or claims of Releasors to any other parties, individuals, companies or entities and that said representation is a material part of this agreement. 5. If legal action is required to enforce the terms of this agreement, the prevailing party is entitled to reasonable attorney's fees and costs. 1