The long-running dispute between the former board of North Miami’s Museum of Contemporary Art and the city that housed it is over.

Attorneys for both sides met this week after months of mediation to work out the final settlement, emerging with a plan Wednesday that will split the museum’s assets between the city and departed board members, who have since founded a new institution, and close the lawsuit that was filed earlier this year.

According to a joint statement released Wednesday, North Miami will keep the majority of the 600-work permanent collection, some of which was donated by board members who left MOCA, that was a major sticking point in the mediation talks.