Politician's R Liars wrote:
Uran was forced to do something, unfortunately when you hire a lawyer you have to pay that lawyer a lot of money. The only other option was for Uran to go public and simply say, "sorry but the money is gone and we are not going to spend money to get nothing back".
That is totally incorrect.
Uran filed suit in June, 2008 against Plasmatronics. By December, 2008, Uran and his attorneys through the discovery process had Plasmatronics bank statements and cancelled checks.
In an additional lawsuit filed in December, 2008 against Moress LLC, the owner of the Plasmatronics building, Uran and his lawyers alleged in their sworn complaint that Plasmatronics spent $255,000 on the buildout of the Plasmatronics building.
However, Uran, Keith Stevens and city attorney Dave Nicholls went into the Plasmatronics building in April, 2008 right after Plasmatronics left and saw that there was minimal buildout. They appear to have made a misstatement under oath when they alleged $255,000 was spent on the buildout.
They should have called in the criminal authorities as soon as they saw the city's money was gone and there was no collateral. Furthermore, the money had not gone where the claims filed with Clerk-Treasurer Patti Olson stated (Times, February 25, 2009).
Instead, they ran up $250,000 to $300,000 in legal fees for their lawyers and the tab is still mounting. In my opinion, and the authorities' opinion, that is improper.
It appears that for their $250,000 to $300,000 in legal fees, they will recover just $10,000 ($3,000 from Plasmatronics and $7,000 from Moress LLC) - And none of the original $380,000 loan.