$57 Million in Settlement Payments Approved by FM Diversion Board

$57 million in settlement payments approved by FM Diversion Board

he Metro Flood Diversion Board unanimously approved $57M in settlement agreements, at a special meeting, Wednesday evening.

Taxpayers to pay $57 million in settlement over construction claims in FM Diversion project

FARGO — The Metro Flood Diversion Authority has agreed to pay tens of millions in taxpayer funds as part of a settlement over construction claims in the Fargo-Moorhead Area Diversion project. On Wednesday, July 2, the Diversion Board of Authority unanimously approved a $57 million settlement agreement with the Red River Valley Alliance, developer for the Fargo-Moorhead Area Diversion project, around construction claims — legal demands for compen…

Metro Flood Diversion Authority reaches settlement in construction dispute

FARGO (KFGO) – The Metro Flood Diversion Authority has reached a settlement with the Red River Valley Alliance over claims tied to the FM Area Diversion project. “This is a positive development for the project as it allows us to move forward with a clean slate to complete this necessary flood protection. The MFDA is doing its part to ensure RRVA meets their proposed schedule,” said Cass County Commissioner Tony Grindberg, the MFDA Board chairman…