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"Boling Concrete Construction of Missouri filed suit against Osborn Development of Collinsville claiming it failed to pay for street construction in the Stonebridge subdivision.<br /><br />According to the complaint filed Aug. 28 in Madison County Circuit Court, the two companies entered in to an agreement on Oct. 17, 2005.<br /><br />Boling claims it billed Osborne $412,785.98, however they were only paid $350,000 leaving an unpaid balance of $62,785.98.<br /><br />The suit also claims that due to the breach of contract Osborne has been unjustly enriched.<br /><br />\"Osborne has failed and refused to pay Boling in full despite Boling's demand for payment,\" the complaint states.<br /><br />Represented by Steven Cockriel of St. Louis, Boling is seeking $62,795.98, plus statutory prejudgment interest at the rate of 55 per annum, costs and attorney fees.  <br /><br /><i>06 L 725</i><br />"^^<http://www.w3.org/2001/XMLSchema#string>
<http://madisonrecord.com/stories/510561999-construction-company-sues-local-contractor-for-unpaid-balance>