The Port of Hood River has reached a settlement agreement with its insurance company in which the Port releases its claims of damages for an alleged allision involving the Interstate Bridge in last September in exchange for the company paying the Port $106,000 and allows access to its specialized engineers.  The Port has expended $148,000 at this point in costs related the suspected allision in which an unknown boat is believed to have hit a pier and may have cost to the bridge liftspan, but they have a $250,000 deductible, and Port Executive Director Michael McElwee says it was questionable on whether the Port could have proven the damages in court.  The risk for the Port is what the future costs would be if more lift span repairs are needed.  McElwee says it will be another three to four weeks before the bridge’s skew monitoring system is operational again, then live testing of the lift span will take place to determine if it can return to normal operations again.