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JXN Water and Tracewood Apartments have settled a dispute over a $910,000 unpaid water bill.

The apartment complex claims it did not receive bills for 2.5 years after a 2021 ownership change.

Under the settlement, Tracewood will make an initial payment of $227,515.67 and subsequent monthly payments.

Tracewood must also post a $1 million utility bond that will remain in effect until the payment plan is satisfied.

JXN Water and the owners of Tracewood Apartments , a North Jackson apartment complex, have reached a settlement in their dispute over a $910,000 unpaid water bill, as announced by each parties' legal representative during a Wednesday, Sept. 10, court hearing inside the Thad Cochran United States Courthouse.

On Aug. 20, U.S. District Court Judge Henry Win

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