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"The evidence of Mr. Robson throughâ€" out the hearing had no credibility," Sills wrote in his report. _ one of the major players involved Nwith the RIM Park financing scanâ€" dal escaped unscathed in a 400â€" page followâ€"up report to the nineâ€"month public inquiry into the ordeal, which was released to the public Monday night. And at the top of inquiry commissioner Justice Ronald Sills‘ hit list was Dave Robâ€" son, the former viceâ€"president of MFP Financial Services Ltd. and salesman who arranged the notorious transaction with the City of Waterloo. * "Wherever (RobsonԤ evidence) con flicts with that of any other witness, I pre fer the evidence of that other witness." And the true cost sat at $227 million, with an interest rate of over nine per cent. Testimony from past and present city officials, including Ford, claimed they believed the cost of the park sat at $112.9 million, with an interest rate of 4.73 per cent. But Ford also admitted. he never conâ€" firmed the formula Robson gave him to calculate the interest rate for Schedule B of the sublease agreement to be correct before presenting the sublease and the head lease to council for approval. RIM Park final report passes out the blame In his testimony, Robson told the inquiry that former City of Waterloo treaâ€" surer and chief financial officer John Ford knew the true cost of the park prior to city council‘s approval of the financing agreeâ€" ment on Sept. 25, 2000. Ford said he trusted Robson, and felt it was unnecessary to doubleâ€"check the for mula â€" a choice Sills called "unforgivâ€" able." "Why he trusted Mr. Robson implicitly and did not personally calculate the stream of payments under the formula or "The evidence of Mr. Robâ€" son throughout the hearâ€" ing had no credibility." WATERLOOQ CHRONICLE wATERLOG PUBLIC â€" Justice Ronald Sills RIM Park inquiry commissioner By Anprea Baney Chronicle Staff Continued on page 4 WEDNESDAY, OCTOBER 22, 2003 + WATERLOO, ONTARIO LIBRARY Introducing Gold Line Double Hung Windows Ryan Fedy, five, did some heavy lifting over the weekend as he helped his dad Mark and older brother Chris with some fall ceanup around Menno Street on Saturday morning. Ryan, who had little time to taik was in constant motion raking leaves and dumping them along the curb so that city crews could pick up the fail foliage Visit our: SHOWROOM @ 1151 Victoria St., N., Kitchener Website @ www.bavarianwindows.com Phone @ (519) 578â€"3938 Serving your community since 1856 Boys at work BTHYFAI $1 INCLUDING GST Old world looks ... New World Performance by WINDOWS AND DOORS The all tariag on ""13,495 Classified Saturn JON Viewpoint You said it Arts Calandar 22 Film explores art of ‘life‘ modelling. Golden Hawks host Ottawa to open OQUA playoffs. For delivery or circulation concerns regarding the Chronicle, please call 623â€" 3050, ext. 240. Saturn of Kitchener Waterioo 663 Victona St N 7445811 Graham‘s Interiors* Westmount Pharmasave WHAT‘S INSIDE *Selected Distribution fcanh purchane stws irighti NSEHTS §PORTES Page 21 Page 26 31