Two black men were arrested and handcuffed for refusing to leave when a store employee denied them access to the restroom at a Philadelphia Starbucks. (Twitter)

Two black men who made national news last April after being arrested at a Starbucks cafe by Philadelphia police have reached a financial settlement with the city.

Rashon Nelson and Donte Robinson will each receive a symbolic $1. Also, the men, both 23, will release the city and employees of all claims in exchange for the creation of a $200,000 fund that will assist young entrepreneurs in Philadelphia through the help of a nonprofit organization.

“I am pleased to have resolved the potential claims against the city in this productive manner,” Mayor Jim Kenney said in a statement. “This was an incident that evoked a lot of pain in our city, pain that would’ve resurfaced over and over again in protracted litigation, which presents significant legal risks and high financial and emotional costs for everyone involved.”