Re: Ferry Mold
Posted by ff on 11/19/07
Exciting, yes, Mike B. You can get a good deal on a marine
terminal, and help the city out of a financial loss at the
same time - they're ready to sell?
On 11/19/07, Mike B. wrote:
> Here's something to excite you.
> Ferry Mold
> Portland, ME: (Nov-18-07) Scotia Prince, the owners of the
> former Portland to Nova Scotia ferry service, brought
> charges against the city of Portland, alleging that mold
> allegedly forced the company out of the International
> Marine Terminal in 2004. As part of a settlement reached,
> sources confirmed that the Portland City Council will vote
> to pay $1.2 million to the ship’s former owners to resolve
> allegations. The figure, including legal fees, is said to
> touch the $3.6 million mark. In view of the facts, city
> manager Joe Gray said it could have cost a lot more to
> settle the suit. City officials stated that they are
> looking for ways to make up the money that it has had to
> pay out to resolve the lawsuit.
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