Jarvis then makes a strange proposition, saying he intends to commit suicide but wants Sam to make it look like a murder, in order for his wife and son to inherit Jarviss life insurance. The city said Monday it has spent $570,000 on outside attorneys to fight this case. Synopsis Bookkeeper Sam Wilson learns from his boss, Malcolm Jarvis, that he is losing his job because the company is closing down. All told, the city is out $14.7 million, plus the $1.82 million in interest it is handing back.
The City Council’s vote on Thursday is for that additional payment of $2.4 million, which includes $1.82 million in interest the city had received but is handing back to Whittington, and another $580,000 in city money that is essentially interest on the interest, a city spokeswoman said. Whittington argued he should get more favorable terms because of the value his family could have reaped as Austin’s downtown was transformed by new high-rise condominiums, office towers and hotels. Then in January, the state’s 3rd Court of Appeals ruled in Whittington’s favor on how to determine money the city owes him in additional interest. In 2013, the sum reached $14.1 million, including $10.5 million for some land and $3.6 million in interest. But the legal wrangling continued over how much the city should pay Whittington for it. That’s when the Texas Supreme Court said the city did not act fraudulently or in bad faith when it took over Whittington’s land. The city actually won the merits of this case in 2012.
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