Settlement Agreement Between Mack Dobbs Properties and City of Kennesaw

The 3 page 'Settlement Agreement' of 11/13/12 provides:

1) Mutual release of all further claims between parties,
2) City pays through its insurer $14,000,
3) City pays through its insurer all costs of mediation,
4) Mack Dobbs indemnifies City/Defendants from all claims which may be raised by Cruchelow Jewelry and Loan,
5) Settlement contingent upon Mayor and Council approval

For larger image:  right click and open in new window.

 

Gone and pretty much forgotten -

Cruchelow's left 5 months ago for Marietta and the old location remains unrented. The only reminder that the Pawn Shop was there is a small sign which has not yet been taken down.

The shopping center has 4 empty units out of 17 and the foolish civil suit filed by property Owner has now been settled in arbitration, although the settlement remains unknown at this writing.

 

Below Photo:   John and Serena Cruchelow from May 2012 City Council Hearing

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11/15/12

Details on settlement to be available soon-