The Mt Coot-tha Zipline saga has concluded with a confidential settlement between Brisbane City Council and Zipline Australia.

The Brisbane-based company had entered an agreement with the council to operate the planned zipline and tourism facility in Brisbane’s west, but the project was scrapped by lord mayor Adrian Schrinner due to strong community backlash.

On Thursday afternoon, a spokesman for Cr Schrinner confirmed the council had reached a confidential settlement with Zipline Australia, which included that $300,000 had already been paid out to the company.