Ocean City voted Thursday night to settle a lawsuit with a Baltimore lumber company that was to sell it nearly $1.2 million worth of Brazilian ipe wood before the city changed its mind and canceled the order.
The plan to use the tropical hardwood to fix the boardwalk drew the ire of environmentalists around the world.
The settlement will pay the Louis J. Grasmick Company nearly $1 million.
The company is to ship about one-third of the ipe that Ocean City originally ordered. The rest of the shipment would be domestic pine, which wears out sooner but is easily replaced.
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