2 months, 1 week ago From saukvalley.com
Funds will be received by end of year
From From saukvalley.com:
DIXON – The city reached a $40 million out-of-court settlement this morning with its former auditors and Fifth Third Bank, who the city said were to blame for former Comptroller Rita Crundwell's theft of nearly $54 million over two decades.
Mayor Jim Burke made the announcement Wednesday morning during a special meeting of the Dixon City Council, during which the council approved the settlement.