Cleveland, OH (March 28, 2023) – Today, the Board of Directors for the Cleveland-Cuyahoga County Port Authority voted 5-0 to approve Resolution 2023-12 authorizing the Port Authority to proceed with settlement of the Irishtown Bend litigation. Today’s Board action moves the Port Authority one step closer to delivering on its promise and commitment to ensuring the continued safety, welfare, and economic prosperity of our communities and businesses in and around the Cuyahoga River. A copy of the proposed settlement agreement can be found here. The agreement, which is still further subject to court approval, allocates the Port Authority’s current total responsibility and contribution in the settlement to $360,000.00, which was previously deposited in escrow with the Probate Court and are funds previously appropriated for that purpose. The Port Authority will have no role in any billboard relocations or further development post-stabilization. The Port Authority intends to proceed to construction, which we hope to begin this Summer.