North Coast Journal 7-11-2013 Edition

Page 17

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DESPITE KNEE TROUBLES, MCKEE HOPS OUT TO OPEN HEAVY METAL GATES AS HE TOURS TOOBY RANCH.

McKee had taken out a $3 million bank loan to purchase the Tooby Ranch — only the second time, he said, that he’d gotten a bank loan to pay for land. He bought the ranch for $6.7 million and sold it to its multiple new owners for more than $10 million — a profit of more than $3 million, according to court documents. McKee is mostly cool-tempered when continued on next page

It’s unclear exactly how much

has been spent on either side of the lawsuit, but one thing’s for certain: It was a lot. McKee said he’s spent more than $6 million fighting the suit. He said he’s had to put up his property — about 1,000 acres he owns on the Tooby Ranch and 400 acres in Whitethorn, where he lives — as backing to finance his attorney fees.

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