South DaCola

Has the City of Sioux Falls reached a settlement agreement with the Bunker Ramp?

Either they have or it’s very close. In the consent agenda (Item #7 – Sub Item #12);

City Attorney, Engagement Agreement for Legal Services for Village on the River, Fuller, Williamson, Nelson & Preheim, LLP., $150,000.00

I do have a few concerns with this 1) It seems like a very large dollar amount for legal services to just draw up a settlement agreement and 2) I’m not sure the city has ever used this local law firm before.

So what is this? I have a couple of guesses;

• This was the developer’s law firm and they are getting a cut of the settlement OR the city has agreed to pay the developer’s legal fees as part of the settlement?

It will be interesting to see how much of this plays out in the public and media. Will we ever know what the settlement amount is to the developer? Will there be some kind of announcement? NOT HOLDING MY BREATH.

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