The Hickory City Council rejected an annexation request for a 166-lot development on River Road near the Henry Fork River Wastewater Treatment Plant at its meeting on Tuesday.
The settlement brings an end to 18 months of litigation in which the city has sought damages from four companies involved in the design and construction of the arches.
The settlement includes a section stipulating that none of the parties admit liability in the arch collapse and that each of the parties will be pay their own legal expenses.
The settlement includes a section stipulating that none of the parties admit liability in the arch collapse and that each of the parties will be pay their own legal expenses.