SEATAC, Wash. (AP) - The SeaTac City Council approved payment of $4.25 million to a Seattle couple after a judge found the city had engaged in misrepresentation, inverse condemnation and interference with business expectancy when it orchestrated a secret land grab to wrestle a piece of prime real estate from the couple more than a decade ago.
The Seattle Times reports council members, in a vote Tuesday, authorized the payment to Gerry and Kathy Kingen. The couple, who owns K&S Development, sued the city and was awarded more than $18 million in damages, legal fees and interest last year, a number that has since swelled to $22 million as interest has continued to accrue.
The $4.25 million is the city’s share of a $13 million settlement agreement. The rest will come from insurance.
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Information from: The Seattle Times, https://www.seattletimes.com
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