The budgetary dispute that has delayed the opening of the National September 11 Memorial Museum has been resolved, according to New York City Mayor Michael Bloomberg and New York Gov. Andrew Cuomo.

The museum was scheduled to open on the 11th anniversary of the September 11, 2001, terror attacks, but disagreements over funding, financing and oversight of the museum between the 9/11 Memorial and Museum Foundation and the Port Authority of New York and New Jersey have halted construction. The foundation controls the memorial and museum; the Port Authority of New York and New Jersey owns the World Trade Center site.

Late Monday, all parties entered into a "memorandum of understanding," an agreement that allows them to restart construction on the stalled museum project....