Settlement

Ownership over the Fox Theater has been settled after a years long dispute between Fox Associates, which owned the theater, and landowner Foxland Inc. Under terms of the agreement, Fox Associates will buy the land and continue to own and operate the theater.

County Board Chairman Kurt Prenzler said Monday the agreement had not yet been finalized or signed. He declined to comment further until then.

Officials don’t have to spend the more than $500 million quickly because the money has fewer strings attached to it compared to other recent influxes of cash.

The lawsuit, which was filed in 2019, cost the county at least $300,000 before the settlement was reached.

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