I don't think we will be seeing any peanuts or cracker jacks at Dunkin Donut's Park this year, and possibly for some time. Unfortunately we probably won't be seeing any of those related jobs for the Park that were promised to Hartford's residents (please put those home buying plans or college plans on hold until some real jobs come through) Hartford taxpayers are still footing the bill for this colossal mess. But, at least the lawyers will be kept busy and making money. Luckily very few Hartford contractors got work on the project , so we wont be bankrupting them at least.
I wonder how much longer Dunkin Donuts will honor their agreement and allow their good name to be associated with this mess? Right now, there is no benefit to them or any of the other corporate sponsors that were lined up for the season
STATEMENT: MAYOR BRONIN CALLS THE PERFORMANCE BOND ON DONO BASEBALL STADIUM DEVELOPER
CENTERPLAN CONSTRUCTION CO.“At this point, the developers have repeatedly missed deadlines
and, we believe, continue to run over-budget. We have no choice but to bring the surety to
the table to manage and finance completion of the ballpark.” — Mayor Luke Bronin Hartford, Conn. (May 27, 2016) — BACKGROUND: Today, Mayor Luke Bronin officially called
the $47,050,000 performance bond on DoNo baseball stadium developer Centerplan Construction
Company, asserting that they have defaulted on the Design Build Agreement they have with
the City (Click here to read the official letter sent to the surety: . Mayor Bronin also
made the following on-the-record statement regarding today’s action: “This afternoon, the City formally notified the surety, Arch Insurance Company, that the
developer has failed to perform their obligations, and that the surety has a duty to make
sure the project is completed at no further cost to the taxpayer of Hartford. Back in
January, when it became clear that the developers were far behind schedule and millions
over budget, we brought all parties to the table to finance the gap. That was the right
thing to do to keep things moving. At this point, however, the developers have repeatedly
missed deadlines and, we believe, continue to run over-budget. We have no choice but to
bring the surety to the table to manage and finance completion of the ballpark. The
developer has threatened to abandon the job if we call the bond, but to do that would
be another breach of contract. They have a clear obligation to keep working, and if they
believe that calling the bond wash¹t necessary, they can prove it by finishing the job
as soon as possible with the resources they’ve been given.”
