City in California to Pay $12.5M to Settle Land Deal Lawsuit

Judge gavel surrounding by money.

The city of Hanford has agreed to pay $12.5 million to settle ongoing litigation with agri-business Helena Agri-Enterprises.

The settlement, which was approved by the city council during a special meeting Tuesday night, fully resolves the almost 10-year long legal dispute involving the company’s property on Lacey Boulevard.

According to a statement from the city, Hanford will pay $7.5 million in the next 30 days, with the remaining $5 million paid out over the next four years.

Read the source article at News.law

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