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CAUD to send $615,831.96 figure to bonding company By Ed Waggener The Columbia/Adair Utility District (CAUD) Board, meeting Friday, March 22, 2013 at 4pmCT, voted 4-0 to send a settlement offer to the bonding company which acted as a surety for Southern Backhoe, Campellsville, KY for the failure of thecompany to complete the Downtown Project. The amount is $615,831.96. Board Attorney Marshall Loy was instructed to write the letter, which should go out Monday, March 25, 2013. The agreement calls for the bonding company to hire Stotts Construction Company of Columbia, the number 2 bidder on the original job, to finish the work. Barry Stotts, whose father, Junior Stotts, is CEO of the Stotts Construction, withdrew from any of the board deliberations. The contract for Stotts will be with the bonding company, not the utility, so that no issues pertain the younger Stotts membership on the board. Board Chairman Robert Flowers said that the Stotts company, based on its past work, should be everyone's first choice, to complete the work. David Bowles, the consulting engineer, said that he thought that work could be underway the moment the bonding company agrees to the terms. When work resumes, Bowles said, it could be completed in as few as 120 calendar days. The CEO said that the main concern, at this time, is that the work be completed and cleanup be done to the high standards the Stotts firm is known to do. All members were present at the meeting, which was over in 45 minutes. The vote came on a motion by Rudy Higginbotham, with a second by Tim Baker, and Chairman Flowers and David Jones joining in affirming, 4-0, with Barry Stotts abstaining. This story was posted on 2013-03-22 17:42:15
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