Comment 81602

By Jack (registered) | Posted October 14, 2012 at 13:41:06

Lloyd Ferguson is playing this totally ineffectual regret card without offering a single solution. Here's one: breach contract. Result: damages for breach from the contractors. At the moment the loss would be of the minimal work put into the plans so far, plus loss of the higher funding and a reputational blow. The gain would likely be in the order of the entire $45 future fund that could be spent on better things. This is called efficient breach in contract terms and Ferguson could take some leadership for a change and propose it instead of wimpering. The thing probably won't be built for the Pan-am games anyway. Moreover when it's not built for the Ticats 2013-14 season the city will be on the hook for indemnities TO THE TICATS. The worst thing about this farce: it's not even over yet.

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