(CNN) The family of Stephon Clark, the unarmed black man fatally shot by Sacramento police last year, has reached a verbal settlement with the city, according to court records.

"After discussions with the Court, parties reached a verbal settlement as to the claims against defendants brought by A.C., C.C., and their guardians, subject to Sacramento City Council approval," the court filling said.

A.C. and C.C. are Clark's minor children.

The exact terms of the settlement have been sealed by the court.