There won't be a last call at midnight for bars in Point Pleasant Beach.

Point Pleasant Beach (Facebook)

Mayor Vincent Barella says the borough council reached an agreement with Jenkinsons to end the midnight closing in exchange for money to repair the boardwalk.

"The agreement is that Jenkinsons and their entities have agreed to drop all litigation against the borough and they have stepped up and offered to pay up to a million dollars to repair our boardwalk. FEMA will pay a portion of it as well," said Barella.

He said he will introduce an ordinance in January to repeal the law requiring the bars to close at midnight.

"I'm confident that will pass and with these repairs our boardwalk will be open in time for Memorial Day weekend."

Jenkinsons and Martells Tiki Bar had sued the borough in May to stop the early closing.