A Multi-Million Dollar Legal Battle Between Bristol Virginia And Its Utility Company Could Be Resolved By The End Of The Week. The City Council Took A First Step Last Night In Approving A Settlement With Bristol Virginia Utility Authority For The Company To Make A One-Time Payment To The City Of $2.1 Million. The City Claimed BVU Owed It The Money Under An Agreement That The Parties Would Split Proceeds From The Sale Of BVU’s Optinet Division Several Years Ago. City Mayor Neal Osborne Told Newschannel 11…..
BVU Leaders Are Expected To Approve The Settlement Later This Week.