City announces last chapter to Foxborough fiasco
February 21, 2013 3:07 PM
Jim E. Winburn, Staff Writer
The city of Victorville on Wednesday announced the “final chapter” to the long dispute over the failed Foxborough power plant.
City Manager Doug Robertson told the Daily Press on Wednesday that the city had received all of a $54 million settlement resulting from its December 2010 lawsuit with engineering firm Carter & Burgess, designer of the power plant, which the city scrapped in 2007 when costs outstripped potential benefits.
The City Council on Nov. 20 approved terms of a settlement agreement with Carter & Burgess. The agreement between the city and engineering firm let Jacobs Engineering, which bought Carter & Burgess in 2007, agree to file a request to dismiss its appeal of Victorville’s jury-awarded settlement for the botched project. The company also agreed to wire the $54 million to a trust account within 60 days from the time the final agreement was executed.
“This basically wraps up all of it,” Robertson said by phone after the city distributed a news release late Wednesday afternoon.
He said the funds will be used to repay debt associated with Victorville Municipal Utility Services.
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