![]() ![]() Section 5: OPA Board Subject: Community Center Contract Msg# 387567
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That penalty amount is very important The amount cannot be calculated now; it can only be estimated. |
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For reference, the above message is a reply to a message where: Tony, As Treasurer I find it more important for me to be familar with the contract that exists between OPA and the investment firm in which we have $6 Million plus or minus of our money deposited than I am with the details for a $3.1 Million contract which Dan is responsible for. If Dan hadn't such a poor project management history, I'd agree with the above. Obviously, as an "executive with Xerox" you can and should focus on both. I totally agree with your other motion. That penalty amount is very important because it could be THE factor in whether the referendum petition suceeds. If a number was calculated now, it would likely represent the penalty floor and would provide some value in deciding the above.
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