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City weighs $1 million settlement with Town Toyota Center developer

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WENATCHEE — The city of Wenatchee has reached a $1 million settlement with the developer of the Town Toyota Center, which the city alleged gave fraudulent financial projections for the arena.

The City Council is expected to approve the settlement agreement with Global Entertainment on Thursday night.

“If that happens, then we’ll officially be done with all the Town Toyota Center issues,” Mayor Frank Kuntz said. “All the legal stuff will be done.”

The agreement settles a lawsuit filed in…

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