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City receives $1.5m cash, contractor $1.75m, in pier legal settlement

The city has received $1.5m cash, and the original pier contractor $1.75m cash, in a legal settlement reached in June related to the pier construction. In addition, the city won't be required to pay out $500,000 in holdbacks owed to one of the parties in the lawsuit, bringing the total value of the city's settlement to $2m. The holdback money was already folded into the pier budget and used to complete the pier. The original pier contractor, Harm Schilthuis & Sons (HSS), also received additional amounts from various parties to the litigation, bringing the total value of their settlement to $2.4m. The city...

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30 June