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11/12/2006 5:48:50 PM
 
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Section 5: OPA Board Subject: Community Center Contract Msg# 387942
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Mr. Olsen at his press conference stated that there is an arbitration clause but he did not know if it was binding. Is there anyone who actually believes that a corporation such as Blades is going to do any work, to include allegedly ordering steel, without having signed a legal contract with OPA? A legal contract which would compensate Blades if a cancellation or stoppage occurs as a result of action initiated by OPA? There is an arbitration clause but nobody knows if it was binding! Does anyone believe that Blades signs contracts without looking after their best interest? Individuals need to get a grip on reality. I don't think Blades does a $3.2M deal on a handshake or a verbal promise that "you can trust us." |
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For reference, the above message is a reply to a message where: What has been said is there may be penalties for cancellation based on Maryland contract law. That doesn't fly. Dan Stachurski told the press that there could be an assesssment increase as much as $500 if we stop work on the Community Center. He deliberetely used scare tactics. That is quite different from stating "there may be penalties for cancellation". At the community center forum, Dan replied to my question "there is no penalty clause in the contract. As far as I can see, that has been confirmed by Janet Kelley. Mr. Olsen at his press conference stated that there is an arbitration clause but he did not know if it was binding. In reality if the community center was halted I beleive there would be a great deal of negotiations and compromise before any type of formal arbitration. No contractor should suffer a loss but profits are another matter. Norm |
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