FOR IMMEDIATE RELEASE
June 3, 2014
Contact: Mike Kanarick
802.735.7962
Mayor Miro Weinberger Statement on Decision in BT Litigation (Osier Case)
“Today’s decision confirms what Burlingtonians have long known: the past Administration breached its duty to the City and taxpayers, and there is no easy path to fix the damage it caused. Since taking office, my Administration’s top priorities have been to put in place procedures and exercise judgment that will avoid future financial mistakes and protect the taxpayers from further losses related to BT. I am pleased that the Judge’s decision does not appear to impact the City’s ability to move forward, to settle the Citibank lawsuit, and to remove the financial cloud that has hung over Burlington for years.”
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