We are pleased to be able to come to terms after lengthy but courteous and professional negotiation

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Carmel Mayor Jim Brainard and Jeff Hagerman, Chairman of Hagerman Construction Corporation, provided additional information concerning the resolution of pending litigation involving the construction of the Palladium which opened in November 2010.
Both Hagerman and Brainard stressed that the lawsuit was a result of a business disagreement over what was owed to Hagerman as a result of delays during the complex construction barcelona fc project. Brainard added that the quality of the work was not at issue but rather the lawsuit was a business disagreement over contract terms. barcelona fc
We are pleased to be able to come to terms after lengthy but courteous and professional negotiations between Hagerman Construction and the CRC, she said. We feel this settlement will be good for all parties involved and we can now move forward with the business of redeveloping our city.
In 2011, the original claim for $2,634,434 was filed in a combined Crider/Hagerman lawsuit. In August 2013, the litigants proposed a settlement of the combined lawsuit of $2,011,746, but the CRC did not agree to that amount. The Crider portion was settled in February 2014 for $575,000.
My only concern is the statement barcelona fc made that much of it would be paid from a retainage barcelona fc fund, yet we have been told there is no retainage fund, Councilor Rick Sharp said in a statement. Where will the money be found and how soon must it be paid?