A legal tussle that has pitted the City of Colorado Springs against the company that built one of its best-known landmarks is expected to wind down amicably in the near future.
GE Johnson, which is based in Colorado Springs, sued the city in March and accused it of not paying enough for the company’s work on the Pikes Peak Summit Complex. The city countersued in April, accusing the construction company of doing shoddy work.
During a three-minute-long special meeting May 17, the Colorado Springs City Council voted unanimously to pay a settlement north of $100,000. The exact dollar amount is still being negotiated but is likely to be reached soon, according to both sides.
“GE Johnson and the City of Colorado Springs recently reached a mutually agreeable resolution of disputes that arose,” said Laura Rinker, spokeswoman for GE Johnson.
Vanessa Zink, a spokeswoman for the city, confirmed that “the final terms are being negotiated” and that a full settlement agreement is likely to be signed “in the near future.”
Settlement paperwork has not yet been filed with El Paso District Court. On Friday, Judge Eric Bentley ordered the two sides to schedule a conference in his courtroom soon.
The settlement is not expected to cause any budgeting headaches in Colorado’s second-largest city. Its annual appropriations contain enough money to cover it, the city says.
Colorado Springs has been represented by attorneys Ryan Klein and Blair Carter in the Colorado Springs office of Sherman & Howard, a Denver-based law firm.
GE Johnson is represented by attorneys Jeffrey George, Joseph Lambert and David Willner in the Colorado Springs office of Hogan Lovells, an international law firm.