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Duane 3NE 2NR
TriniTuner Crew
Joined: 24 Mar 2003
Tech posts: 2588
Location: T&T
My 2NRide: Mitsubishi Evolution VII
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 Posted: Thu Jul 31, 2008 5:18 pm
Post subject: Court rules: eTecK to pay TTASA $0.5 Million for eviction |
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This article appeared in today's Guardian newspaper:
note: The Guardian reported TTASA as TTAA and eTecK as ETEC, we took the liberty to make these corrections for our readers.
| Quote: | Court awards $.5m for racing circuit
Anika Gumbs-Sandiford
Guardian South Bureau
The Trinidad & Tobago Automobile (Sports) Association (TTASA) was yesterday awarded $.5 million in compensation for being evicted from a racing track in Wallerfield three years ago.
Justice Nolan Bereaux, presiding in the San Fernando High Court, yesterday agreed to grant a consent order allowing Evolving Technologies and Enterprises Co. Ltd. (eTecK) 21 days to pay TTASA.
In September 20, 2005, TTASA received an eviction notice from eTecK ordering the association to vacate the one mile strip in two weeks.
A University of the West Indies campus site was and industrial site was expected to be constructed on the area.
However, the TTASA which stopped racing cars along the one-mile strip, and filed a lawsuit challenging the eviction notice.
The TTASA contended that millions of dollars had been invested to develop the racing circuit.
Three control towers, bleachers to accommodate 1,000 spectators and a car park, the TTASA said were erected along the racing circuit. When the matter was called, attorneys representing eTecK agreed to $500,000 to the TTASA.
Leave was granted to the TTASA to withdraw the lawsuit.
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Advil
3NE2NR is my LIFE
Joined: 20 Jun 2005
Tech posts: 785
Location: searching for an avatar that will not offend the idiots
My 2NRide: Nissan Almera
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Posted: Thu Jul 31, 2008 5:26 pm
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| enuff to buy land fuh a new track or wah? |
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link
Chronic TriniTuner
Joined: 15 Sep 2004
Tech posts: 573
My 2NRide:
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Posted: Thu Jul 31, 2008 5:27 pm
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says nothing to me...personally...
...
I can only remember Bereaux's words saying to wit...'it is easier to pay off TTASA & get them out rather than allowing them (TTASA) to stay..'
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The verbatim is posted on the forum..
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THAT'S JUSTICE FOR YOU IN THIS COUNTRY  |
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Maserati
TriniTuner vip
Joined: 26 May 2003
Tech posts: 7488
Location: YYC
My 2NRide:
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Posted: Thu Jul 31, 2008 5:34 pm
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| talk about drop in the bucket |
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Duane 3NE 2NR
TriniTuner Crew
Joined: 24 Mar 2003
Tech posts: 2588
Location: T&T
My 2NRide: Mitsubishi Evolution VII
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Posted: Thu Jul 31, 2008 5:40 pm
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^ true, that can't do much toward a new facility at all - on top of that TTASA still has to pay its own legal fees
Advil, you'd be lucky to get 5000sq ft of land for $500,000 today |
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turbohead
3NE2NR is my LIFE
Joined: 09 Jun 2006
Tech posts: 862
Location: south side
My 2NRide: Mazda 929
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Posted: Thu Jul 31, 2008 5:42 pm
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| lets see if this money is goin in gud business or they will pocket it an make we watch sheit. |
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Advil
3NE2NR is my LIFE
Joined: 20 Jun 2005
Tech posts: 785
Location: searching for an avatar that will not offend the idiots
My 2NRide: Nissan Almera
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Posted: Thu Jul 31, 2008 6:09 pm
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Duane 3NE 2NR, i know land is expensive, and i know 1/2 a mil is not that much money
but its a start right?
I don't see why we can have 8 stadias and T&T losin football match, but we have to borrow a strip to race |
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Maserati
TriniTuner vip
Joined: 26 May 2003
Tech posts: 7488
Location: YYC
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Posted: Thu Jul 31, 2008 7:14 pm
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| Advil wrote: | Duane 3NE 2NR, i know land is expensive, and i know 1/2 a mil is not that much money
but its a start right?
I don't see why we can have 8 stadias and T&T losin football match, but we have to borrow a strip to race |
I think that 0.5mil is all they go get |
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miguel granville
Trinituner Peong
Joined: 23 Jun 2006
Tech posts: 422
Location: tobago
My 2NRide:
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Posted: Thu Jul 31, 2008 7:22 pm
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with that money is bess they build a 6 sec supra and go away and win some more money yes
wha they really wha man do with just 500,000? buy plenty play-wey ticket or a pile a scratch and see if we win other than that i en know |
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SR
Chief Cook & Instigator
Joined: 07 Apr 2003
Tech posts: 6587
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Posted: Thu Jul 31, 2008 9:30 pm
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| Maserati wrote: | | talk about drop in the bucket |
thats not a drop in a bucket thats hush money
they need to add another zero to that figure
but watch and see how everybody in ttasa gonna lay claim to fame for "winning" a case
when in fact if they did thier homework there would not have been a case in the first place
bottom line
if being evicted then suitable lands and facilities should have been provided .......................anyone remembers when the airport was expanding and people were evicted from thier lands to allow the epansion
werent they all well compensated including new land and house?? |
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A-1 Superior Tech
3ne2nr Toppa Toppa
Joined: 18 Apr 2003
Tech posts: 5946
Location: DIY Customizers@ Home By Me
My 2NRide:
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Posted: Thu Jul 31, 2008 11:39 pm
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| well, it seems the cow gonna get ah rb26 or even ah rb30 now |
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backpressure
Riding on 13's
Joined: 16 Dec 2007
Tech posts: 4
My 2NRide:
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Posted: Fri Aug 01, 2008 9:05 am
Post subject: $ .5 million ??????? |
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| do u know how many guns that cud buy? then every one who comes to a drag event will be on a level playing field. i all for that, need one anyway crime real bad now. |
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flatline
3NE 2NR Spannerator
Joined: 01 May 2004
Tech posts: 2574
Location: cd /pub | more beer
My 2NRide: Nissan S14
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Posted: Fri Aug 01, 2008 12:16 pm
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could be used to offset costs to this suggestion from PartyTime.
http://forums.trinituner.com/forums/viewtopic.php?t=200714&highlight=
However i see issues with that still, because it's still going to be on Briko's compound and TTASA were grated one year usage? Or are they allowed to continue there until a permanent solution is found? |
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Yeo
TriniTuner vip
Joined: 12 May 2003
Tech posts: 26448
Location: Far Rockaway, NY
My 2NRide: Hyundai Santa Fe
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Posted: Fri Aug 01, 2008 12:20 pm
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^^If any is leftover after legal ffes, BEFORE they even attempt to take the Party Time proposal into consideration, they better get an OFFICIAL letter from ALL parties involved granting them access to the track if it is allowed for at least "X" amount of years.
Meaning, that if they do do it, they would have more than 6-7 months use of it, which is the current timeline they are allowed to have access to Camden for ent? |
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Duane 3NE 2NR
TriniTuner Crew
Joined: 24 Mar 2003
Tech posts: 2588
Location: T&T
My 2NRide: Mitsubishi Evolution VII
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Posted: Fri Aug 01, 2008 1:00 pm
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^ the lease for TTASA ends on Oct 31st 2008 - it will have to be renewed by the ministry of sport for racing to continue there - regardless of any work that was done by TTASA.
The Camden air strip is not the property of Briko. Camden is the property of Caroni (1975) Ltd. and so the Gov't.
AFAIK the gates and the concrete car park area that Briko have blocked are also property of Caroni - however since the letter from the Gov't stated that TTASA was bound to "all statutory guidelines" the safety issues raised by Briko would stand. |
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HondaHo de 1st
Chronic 2NR
Joined: 24 Aug 2003
Tech posts: 1833
Location: Wishing skittles would keep me in VTEC..!
My 2NRide: Ford Ranger
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Posted: Fri Aug 01, 2008 4:13 pm
Post subject: |
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| hmm so what plans of getting back a circuit track? |
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A-1 Superior Tech
3ne2nr Toppa Toppa
Joined: 18 Apr 2003
Tech posts: 5946
Location: DIY Customizers@ Home By Me
My 2NRide:
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Posted: Fri Aug 01, 2008 6:00 pm
Post subject: |
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| probably |
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worksux101
3NE 2NR Moderator
Joined: 25 Jun 2003
Tech posts: 9466
Location: A Racetrack near you...
My 2NRide: Honda Civic
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Posted: Fri Aug 01, 2008 9:59 pm
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how many of that do you realy think is going to filter back to the masses?   |
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wagonrunner
punchin NOS
Joined: 18 May 2004
Tech posts: 3626
Location: where the only valid opinion is theirs ....... :|
My 2NRide: Nissan Y10 Wingroad LE
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Posted: Fri Aug 01, 2008 11:32 pm
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| worksux101 wrote: | | how many of that do you realy think is going to filter back to the masses? |
unafackingstand!!!
it coulda be 2 billion, and it still would be "destined" for ..........*distracted by 120y's donuting in compound just off South Trunk Road.* |
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MANIAC
I LUV THIS PLACE
Joined: 08 Apr 2004
Tech posts: 987
Location: Anywhere Motorsport Racing going on!
My 2NRide:
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Posted: Sat Aug 02, 2008 2:18 pm
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| The Original HondaHo wrote: | | hmm so what plans of getting back a circuit track? |
Well, if the proposal done by Partytime Racing Team comes to pass, the Track might then be wide enough to accomodate a Circuit Event ... I dont know ... I'm just guessing here ! |
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