NEWPORT, Vt. (AP) A recent $2 million lawsuit settlement with a ski resort developer has prompted the Vermont city of Newport to hold off accepting a free boardwalk from the state in favor of other potential property deals.
The Caledonian Record reports Newport Mayor Paul Monette and an economic specialist sent a letter to City Council on Monday recommending the city postpone acquiring the boardwalk on Lake Memphremagog and a $500,000 grant for its repairs.
The state attorney general and Gov. Phil Scott announced last month that they will use the money from the settlement with former Jay Peak ski area owner Ariel Quiros to help Newport.
Monette says the governor has indicated there are other locations in the city suited for new development and "all options are on the table."
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