JOHN A. MENDEZ, District Judge.
This Court, having considered Petitioner Rajneesh Manni's Petition for Compromise of the Claims of Minor Plaintiffs A.C. and C.C., and GOOD CAUSE appearing therefore, hereby
1. The settlement of minor A.C.'s action against the Defendants in the amount of $1,200,000 is hereby approved.
2. The settlement of minor C.C.'s action against the Defendants in the amount of $1,200,000 is hereby approved.
3. Defendant City of Sacramento, through counsel, shall prepare and deliver the drafts for the settlement proceeds in the total amount of $2,400,000, no later than twenty-one days (21) days from the date of this Order, payable as follows:
4. A check for $1,881,774.00 shall be made payable to the Panish Shea & Boyle LLP, Client Trust Account. These funds shall be used to satisfy the attorney fees, costs owed by the minor plaintiffs A.C. and C.C. to plaintiff's counsel and trust's seed money for each one of the minors.
5. A check for $269,499.00 shall be made payable to MetLife Assignment Company Inc Tax ID# 38-4035918 ("MACI"). These funds shall be used to purchase an annuity from Metropolitan Tower Life Insurance Company (Met Tower Life) for minor plaintiff A.C., in accord with the Addendum (Exhibit "A") to this Order which outlines the future periodic payments.
6. A check for $248,727.00 shall be made payable to MetLife Assignment Company Inc. Tax ID# 38-4035918 ("MACI"). These funds shall be used to purchase an annuity from Metropolitan Tower Life Insurance Company (Met Tower Life) for minor plaintiff C.C., in accord with the Addendum (Exhibit "A") to this Order which outlines the future periodic payments.
7. Met Tower Life, is rated A+ Superior, as determined by A.M. Best Company. Met Tower Life will guarantee the payments outlined in the Addendum to this Order as Exhibit "A".
8.
IT IS SO ORDERED.