It’s been eight months since the Charleston Symphony Orchestra suspended operations due to low funds. Heated talks between the musicians and board of directors had been unfruitful, until this week.

The Post and Courier reports that the musicians have accepted the terms of a proposed new contract that reduces the size of the orchestra by 12 players. The annual operating budget will also be reduced by $1 million for the first year.

“About a dozen local musicians are losing their full-time status and will receive $5,000 severance packages, according to Marty Klaper, board member and chairman of the bargaining committee,” Adam Parker reports.

But there’s a catch.

“The ramp-up depends on, first, a resolution to the National Labor Review Board complaint filed by musicians against the symphony board, according to board President Ted Legasey,” Parker writes. “The complaint alleges that the March shutdown was illegal.”

Head over to the P&C for the full read, and look for our in-depth coverage of the development — along with, hopfully, information on the steering committee’s results from the community forums which took place over the summer — in next week’s paper.