Flagler County Government Prepares to Settle 4-Year-Old Lawsuit Over Sears Building, But Won't Recover All Losses

Flagler County Government Prepares to Settle 4-Year-Old Lawsuit Over Sears Building, But Won't Recover All Losses

Flagler County government is nearing a final settlement of a four-year-old lawsuit it filed against several parties after its ill-fated $1.125 million purchase of what was then known as the Sears building on Palm Coast Parkway. The county previously settled with two of the four parties, recouping $900,000 (or $843,000, depending on which document you consult). The pending settlement would recoup an additional $125,000, netting a loss of $100,000…