Reserve Judgment

1.Great Barrington has spent years and substantial legal fees exploring a purchase of Housatonic Water Works, which needs an estimated $40 million in repairs. Should the town spend another $75,000 to set a purchase price before it has a plan to pay for the utility?
2.Morais Contractors is suing the town for roughly $870,000 on a street project authorized at $1.1 million that grew to $2.6 million. The town has asserted multiple defenses and demanded a jury trial. Should the town set aside $1 million now?
3.If the town owes the contractor nothing unless it loses in court, does reserving $500,000, half the demand, as a compromise make sense?