Atlanta will pay the Johnston family $3.0 million this fiscal year and the rest is to be paid next year. Reed said the city maintains a reserve fund to pay for lawsuit settlements, but he would not say how much is in it.
City Settles Neal Street Shooting
Channel 2 Action News reporter Jeff Dore was there when Reed made the announcement Monday morning.
Lawyers have been negotiating for seven months and reached the settlement Friday, Reed said.
The Atlanta City Council will approve the settlement at their 1 p.m. meeting Monday.
Reed said the city does not admit guilt.
Public Safety Committee Chairman Ivory Lee Young Jr. said, "If you ask people around Neal Street, 'Have you healed?' I think 100 percent would say, 'No.'"
The 92-year-old Johnston was shot and killed in November 2006 during a botched drug raid at her home on Neal Street in Atlanta.
Officials said three officers entered her home using a no-knock warrant. Police said Johnston fired at them and they fired in response; she fired one shot out the door over the officers' heads and they fired 39 shots, five or six of which hit her.
Former Atlanta police officers Jason R. Smith, Gregg Junnier and Arthur Tesler all pleaded guilty to a charge of conspiracy to violate civil rights resulting in death and were sentenced in 2009.