Thursday, September 27, 2012

More on Stadium Grille

Spoke with Kevin Baity again this afternoon.  The city was not involved in the purchase or foreclosure of the Stadium Grille building, had no input on the asking or selling price of the building, and has no idea what the selling price is.  The city and the Greater Egypt Regional Planning and Development Commission do have a combined lien on the contents of the building as the loan provided in part by the city was applied to the Grille's contents.  The amount the two organizations will settle the loan for with the new buyer  is currently under discussion and will likely be announced next Tuesday.

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