A deal has been reached to settle a lawsuit filed against the owners of a defunct redevelopment project in northern Douglas County.
Douglas County District Attorney Mark Jackson said that anyone involved in the Riverwood owners participation agreement will give up any claims under a settlement announced on Thursday.
The agreement between the county's redevelopment agency and Riverwood Redevelopment was settled with a payment of $650,000.
The original agreement would have paid the company $24.7 million over the course of 16 years. Approved in December 2006, the agreement required the developer to build 30,000 square feet of commercial space and …