The parents of a 7-year-old boy who died on an amusement park ride have tentatively settled their lawsuit against a New York county for $1.25 million.

Westchester County has also agreed to set up a scholarship in Jon-Kely Cassara's name.

The settlement was announced Monday in New York State Supreme Court in White Plains.

Robert and Elayne Cassara of Norwalk, Conn., had accused Westchester County of negligence in their son's Aug. 2005 death. The county owns the amusement park.

The boy was on Playland's Ye Old Mill, an indoor boat ride. He got out of his boat soon after the ride started and somehow ended up in its channel of water, dead from a blunt head injury.

Officials acknowledged that the ride was understaffed.