Martin County to pay $12 million to settle lawsuit with Lake Point Restoration

A nearly five-year legal battle has been settled as Martin County Commissioners voted 4-1 Tuesday to pay a $12 million settlement to Lake Point Restoration, reports WPTV.

Just east of Lake Okeechobee near the Port Mayaca locks, Lake Point operates a rock quarry.

A decade ago, the land was to be a polo-related housing development with some mining activity, but plans changed over time.   

At one point, the company was planning to sell drinking water to Palm Beach County.

For the complete story: http://www.wptv.com/news/region-martin-county/martin-county-to-pay-12-million-dollars-to-settle-lawsuit

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