The City of Memphis filed a countersuit against Memphis City Schools in Chancery Court Tuesday for $152 million -- money they say the school system owes them for four unpaid school bonds over the last year 27 years.
Memphis City Schools first filed suit against the city several weeks ago after the city council voted to withhold millions of dollars in funding from the district.
"We have given them everything. Assisted them with everything," said City Attorney Allan Wade. "We've provided schools for them, we provided air conditioning for them, and then we get sued. Gimme a break."
The city's countersuit says the bonds, which went to pay for building schools and operating the district, totaled $217 million. The district has paid back $68 million, and now the city wants the remaining $149 million plus interest paid in full.
"Now we're requiring every little nook and cranny, and require every little dime that they owe us," said Wade.
The school board's attorneys would not comment on the suit.
A judge will hear the original lawsuit from MCS and the countersuit from the City of Memphis in chancery court Thursday.
Action News 5 will be there to bring you the latest.