By: Associated Press//July 27, 2011//
BELOIT, Wis. (AP) — The city of Beloit has agreed to pay $270,000 to settle allegations that it sold a building with asbestos issues.
City Manager Larry Arft said the city council voted 6-0 this week to approve the settlement.
Dan Langone sued the city in 2009 claiming that the city failed to address asbestos problems in property that his company bought in 1998. The property was the former site of the city’s public works department.
A Beloit Daily News report says the city had provided a letter to Langone’s attorney guaranteeing the building had been cleaned of asbestos before the sale. But Langone said he found asbestos in 2008.
Arft said the settlement is fair for all parties. Langone’s attorney, Derrick Grubb, said Monday’s decision was “long overdue.”
Information from: Beloit Daily News, http://www.beloitdailynews.com