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Boat stranded in Lake Michigan to be towed by U.S. Coast Guard

Boat stranded in Lake Michigan to be towed by U.S. Coast Guard
Boat stranded in Lake Michigan to be towed by U.S. Coast Guard 00:26

CHICAGO (CBS) -- There's an update tonight on a boat that's been stranded in Lake Michigan since the weekend.

The owner was supposed to move it by Wednesday morning, but CBS 2 has learned they couldn't afford to get it done in time.

Now, the U.S. Coast Guard said it will hire a contractor to remove the oil and hazardous material from the boat and the owner will be responsible for the bill.

The 40-foot cabin cruiser hit a rock off 57th Street Beach Saturday night and 4 passengers on board were rescued. 

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