The Pikes Peak Cog Railway’s lawsuit against the city of Manitou Springs has concluded with a new settlement.
The legal dispute originated from a 2018 agreement in which the tourist railroad paid the city $1.25 million to assist with a budget crisis. The settlement resolves the claims that arose from that payment.
The resolution follows months of negotiations and reflects the parties’ desire to move forward. The settlement terms were not disclosed in the report. The story was reported by CPR News.
Sources: CPR News (public radio)
