In a Nov. 1, 2012 photo, In a on Nov. 1, 2012 photo, residents walk past what remained of Martell's Tiki Bar in Point Pleasant Beach N.J., three days after Superstorm Sandy damaged the resort and washed away half the popular oceanfront bar. Point Pleasant Beach has reached an agreement with the owners of Jenkinson's Boardwalk to drop a proposed midnight bar closing law in return for the company dropping lawsuits against the town. Jenkinson's also will contribute up to $1 million to help rebuild the storm-damaged boardwalk. (AP Photo/Wayne Parry)

Associated Press
In a Nov. 1, 2012 photo, In a on Nov. 1, 2012 photo, residents walk past what remained of Martell's Tiki Bar in Point Pleasant Beach N.J., three days after Superstorm Sandy damaged the resort and washed away half the popular oceanfront bar.  Point Pleasant Beach has reached an agreement with the owners of Jenkinson's Boardwalk to drop a proposed midnight bar closing law in return for the company dropping lawsuits against the town. Jenkinson's also will contribute up to $1 million to help rebuild the storm-damaged boardwalk. (AP Photo/Wayne Parry)
In a Nov. 1, 2012 photo, In a on Nov. 1, 2012 photo, residents walk past what remained of Martell's Tiki Bar in Point Pleasant Beach N.J., three days after Superstorm Sandy damaged the resort and washed away half the popular oceanfront bar. Point Pleasant Beach has reached an agreement with the owners of Jenkinson's Boardwalk to drop a proposed midnight bar closing law in return for the company dropping lawsuits against the town. Jenkinson's also will contribute up to $1 million to help rebuild the storm-damaged boardwalk. (AP Photo/Wayne Parry)
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