City cashes in on major settlement - Tucson News Now

City cashes in on major settlement

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TUCSON, AZ (Tucson News Now) -

Tucson is cashing in on a major settlement of more than $5 million.

This involves a 12-year legal battle over allegations that a company used asbestos products when fireproofing several city buildings, including City Hall, the Tucson Convention Center Music Hall and the old Pima Bank building.

The money won in the settlement will go into reducing the city deficit.

Tucson is in the red by $30 million.

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