The expansion
of the Peachtree City Tennis Center got its final go-ahead from the City
Council last week.
Council unanimously
approved three contracts for approximately $2.507 million to build six
new covered courts and a clubhouse facility with extra office space.
A 15-year loan
will be used to pay off the project with funds from the city's hotel-motel
tax. Virgil Christian, director of the center, explained that much is
being done by the tennis center to attract tournaments and other non-tennis
related hotel business to Peachtree City. He explained that the center
hopes to draw a major tennis company's annual sales meeting to local hotels.
Councilman
Steve Rapson warned that if the economic slowdown continues in the local
hotel-motel industry, the city may need to figure out other ways to help
pay for the annual debt service on the expansion, predicted to be a little
over $200,000.
Mayor Bob Lenox
said if the slump for local hotels and motels continues for over a year,
council may have to raise the hotel-motel tax from its current 5 percent
to possibly 6 or 7 percent.
Councilman
Dan Tennant originally suggested that the city wait 60 to 90 days before
executing the contracts to see if the hotel-motel tax revenues will stabilize.
That option was passed over, however.
Tom Farr, chairman
of the Development Authority, which operates the tennis center, said the
full cost of the construction won't be due until after all the work is
complete. He added that local hotel and motel representatives were told
those increased taxes would be used to fund the expansion.
Farr said with
negotiated reductions from the main bidder, Group VI, the city will get
a facility with a value of over $3.1 million.
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Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…