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Executive Sessions on this case and has kept the Town Manager and the <br />Chairs of the Board of Selectmen and the Finance Committee informed <br />throughout the process. We have also been working very closely with <br />counsel throughout this case, including Brackett and Lucas, who was the <br />previous Town Counsel, and now Kopelman and Paige, who is not <br />currently our Town Counsel, but was assigned to this case during the <br />transition of Town Counsels in 2014. <br />• Because we are still in litigation we are unable to go into detail about the <br />case, however, once the case is resolved, we will give a full presentation <br />about the details and timeline of how this case evolved. <br />• As many of you know the RMHS renovation and addition construction <br />project began in 2004. TLT Construction Corporation was the general <br />contractor for the project. <br />• In the fall of 2007, TLT filed a lawsuit in Middlesex Superior Court <br />against the Town claiming that the Town owed it additional money for <br />work performed under the contract. In response, the Town filed a <br />counterclaim against TLT alleging breach of contract and claiming <br />liquidated damages for TLT's failure to complete the contract work on <br />time. <br />• In 2013, after the litigation discovery process and attempts at settlement, <br />the court referred the case to a Special Master, a retired judge, who <br />conducted a hearing process — in lieu of a trial in the Superior Court. <br />• The hearings began in December of 2013 and concluded in March of <br />2015. Closing arguments were presented in July of 2015. Since that time, <br />the Master has been preparing, and issuing to the parties, draft decisions <br />on the various issues that make up the matters in dispute. <br />• The first draft ruling was issued in January of 2016, and it is expected that <br />the final sets of rulings will be issued in July or August. The net result of <br />the Special Master's rulings, and the ultimate financial outcome, will not <br />be known until all of the rulings have been issued. <br />• When all of the rulings have been issued, the Special Master will prepare a <br />final report to the Superior Court. <br />• Under the applicable legal procedure, the court will review the Master's <br />final report and may adopt it, reject it in whole or in part, or send it back to <br />the Master with instructions for additional action. <br />• Ultimately, the Superior Court will enter a judgment in the case, whether <br />on its first receipt of the Special Master's report or after additional action <br />it may order. <br />• On account of the volume of material to be reviewed, the Superior Court <br />judgment is not expected until sometime in 2017. <br />• In March of this year, the Town reported to its outside auditor that a <br />judgment against the Town could exceed $3 million. By Massachusetts <br />statute, a court judgment is subject to 12% annual interest, and interest <br />would apply from the date the complaint was filed. <br />• The Primary Claim Amounts are as follows: <br />Page 1 2 <br />