The city of Wichita has reached a settlement with Genesis Health Clubs over a public-private partnership that went sour at the Wichita Ice Center.
Genesis is set to pay $200,000 to the city and will end its $1.8 million counterclaim if the City Council approves the settlement Tuesday, according to the city legal department.
“…This settlement reflects the most fiscally responsible option for this component of the litigation,” city attorney Jennifer Magana said in a statement to The Eagle. “Balancing the uncertainty of litigation and cost recovery for the damages that have been deemed available under the Court’s interpretation of the 2012 Professional Management Services and Fitness Center Development Agreement, this is a compromise that prioritizes expedited taxpayer dollar recovery.”…