The agreement relieves the radio network of nearly $2 million owed in back rent and fees.
Its parent company lost a nearly $2 million lawsuit, placing the longstanding Berkeley radio station in immediate danger.
Berkeleyside was honored for overall excellence at an awards ceremony organized by the San Francisco Press Club on Thursday night.
Raguso accepted the "highest award to be given tonight" at the Society of Professional Journalists awards dinner Thursday.
The SPJ NorCal board said it was impressed both with Raguso's stories and the breadth of the issues she covers for the Berkeley community, as well as her tireless approach.
The average American eats three burgers a week. The Berkeley-based Center for Investigative Reporting explores the real price of cheap beef in their new animation short The Hidden Costs of Hamburgers.