The City Attorney may settle suits, actions, or proceedings as follows:
A. As the City Attorney deems advisable, after consultation with the affected bureau, if appropriate, in cases of suits, actions, or proceedings seeking enforcement of any regulation or license requirement including payment of any fee, penalty, or interest, established by the Charter, Code, ordinance, or statute, and collection of any account receivable;
B. With the written approval of the Commissioner In Charge, in cases of any other suits, actions, or proceedings except for settlements requiring payment by the City in excess of $5,000; and
C. With the approval by ordinance of the Council in cases of suits, actions, or proceedings requiring payment by the City in excess of $5,000.