RED BANK: RIVERVIEW WATER DEAL DETAILED
The agreement ends a lawsuit alleging the hospital illegally connected its Blaisdell Pavilion to the borough water system. (Photo by John T. Ward. Click to enlarge.)
By JOHN T. WARD
Under a “confidential” settlement approved by the borough council last week, Riverview Medical Center will pay Red Bank just $850,000 for water and sewer usage the town contended in a lawsuit was worth at least $5.3 million.
The hospital also will get 10 more years to pay off the obligation, some of which dates to 1984.