I would take the offer!!! A court decision in the council's favor is a gamble. Pro-rate the judgment over a period of time and get out of the funding of MCS forever.
The county should then conduct an open and thorough audit of MCS, and start the process to turn around a broken system. In roughly two years, MCS will have a budget close to $1 billion and a student enrollment of 99,000. If you want to turn around the region, he’s the place to start.