Settlement Saves Historic Seattle Fed Building For Now

Law360, Washington (June 29, 2011, 4:21 PM EDT) -- A conservation group and the Federal Reserve Bank of San Francisco settled Wednesday in Washington state over an environmental impact statement conducted in advance of the proposed demolition of a Seattle building that once housed a branch of the bank's headquarters.

The stipulation between the Fed and the Committee for the Preservation of the Seattle Federal Reserve Bank Building resolves the committee's challenge to the adequacy of the Fed's final EIS from March 2010 under the National Environmental Policy Act.

The Fed has withdrawn that EIS,...
To view the full article, register now.