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Stanhope to receive $14,457.88 from BASF PFAS suit; funds reserved for well filtration
Summary
Administrator McNeilly said the Borough will receive $14,457.88 (after legal fees) from the BASF PFAS litigation and that the money will be held to pay for filtration for wells 3 and 4; other suits are ongoing.
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Administrator McNeilly reported at the May 12 work session that the Borough expects $14,457.88 from a settlement in the BASF PFAS litigation after legal fees are deducted.
McNeilly said the funds will be saved for use when filtration is needed for wells 3 and 4 and noted that additional suits involving other chemical companies remain in process. The council did not take further action on the funds at the meeting beyond noting the receipt.
