Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Blaine approves $400,000 settlement in Rainbow Village lawsuit; city’s net cost estimated near $154,000
Summary
The council voted to approve a $400,000 settlement with Blaine Atlantic Funding LLC over a denied apartment project at North Town Mall; after insurance participation and legal costs the city's expected net obligation was described as roughly $154,000 and staff said a funding source will be identified later.
The Blaine City Council on March 3 approved a settlement to resolve litigation brought by Blaine Atlantic Funding LLC over the denial of a proposed apartment project at the Rainbow Village/North Town Mall site.
Director Thorbig told the council the plaintiff had sought about $1.4 million but agreed during a court‑ordered settlement conference to accept $400,000 to resolve all claims. Thorbig said the city had incurred nearly $71,000 in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
