Tag Archives: litigation

Final actions in Urbacon litigation settled

Resolution marks end of litigation Guelph, ON, June 26, 2015 – The City of Guelph has settled the final two actions from the Urbacon litigation, bringing the litigation to a complete and final conclusion. “As promised, we’re now in a position to share the outcomes of these final two actions regarding the Urbacon litigation,” says Guelph’s mayor Cam Guthrie. One of the actions was with Aviva, the project insurer. The other was with architects Moriyama & Teshima Architects (MTA). The City will pay $100,000 to Aviva, and MTA will pay $150,000 to the City of Guelph, offsetting the overall cost of the settlement by $50,000 for a total of $5,800,837. Mayor Guthrie acknowledges it will now be for Council to discuss how and if it… Continue reading Final actions in Urbacon litigation settled

Statement from the Office of the CAO re: Urbacon Settlement

Last night City Council received a staff report regarding settlement of the City’s litigation with Urbacon and it directed staff to make public the details of the settlement. Read the City Council resolution regarding the settlement with Urbacon. The City and Urbacon have settled the litigation out of court for $6.635 million. I’m pleased that both parties were able to come together and reach settlement. Doing so has saved the City of Guelph further legal costs and provides certainty of the outcome. Next steps As follow up, I have asked the City’s internal auditor to conduct a full review of risk associated with complex capital projects so that we have the benefit of lessons learned during this project, and so that we can apply that information… Continue reading Statement from the Office of the CAO re: Urbacon Settlement