Germantown settles land value lawsuit
“Germantown settled a lawsuit this week with a property owner whose vacant land became part of Wolf River Boulevard.
The city agreed to settlement of $120,00 for Walid Sakaan, who owned 5 acres near where Farmington Boulevard and Kimbrough Road intersect. The city will be responsible for paying 20 percent, as the Tennessee Department of Transportation was responsible for 80 percent of the project costs.
The agreement is pending approval from the state, but the Board of Mayor and Aldermen approved the agreement Monday night, a late addition to the regular meeting agenda. The board met in a closed session with attorneys just before the meeting.”
Pignolet, Jennifer. Commercial Appeal 11 November 2014.