The Development
Authority of Peachtree City has approximately $250,000 of unpaid bills
left over from its $2.5 million expansion, which added six covered courts
and a office building to the city's tennis center.
The authority,
however, has an agreement not to take out any more loans, so it must broker
a deal with the city council as to how the $250,000 in cost overruns will
be paid.
Authority member
Robert Brooks said the talks could be initiated through councilman Murray
Weed, who with councilman Dan Tennant helped negotiate with authority
representatives the deal to create a new recreation and entertainment
authority.
Virgil Christian,
the executive director for the Development Authority, said the cost overruns
amounted to approximately 10 percent of the project. Businesses waiting
to be paid include Group VI, which was the general contractor on the project,
along with Flat Creek Construction, which built the extra courts, Christian
said.
There are also
outstanding bills for architecture design work, security services and
signs for the facility, Christian said.
The $250,000
figure was included in the $1.456 million of debt that the authority has
for improvements made to the tennis center and amphitheater. Some of the
debt was also used for operating expenses, as the authority borrows money
seasonally to pay for deposits on acts for the amphitheater's summer concert
series. Once the tickets are sold, the authority is able to repay that
loan.
The office
building includes classroom space that is being used by Clayton State
and College University to offer continuing education courses; officials
hope the university can begin offering college-credit classes in the near
future.
The new building
also houses the tennis center staff, most of whom were located off-site
in rented office space before the building was opened. The authority also
built a restaurant area which has been vacant for some time after the
company that originally leased it shuttered its operations.
The authority
is actively seeking another restaurant company to run the Ashland Grill,
which has a dining patio that overlooks some of the tennis courts.
Back
to News Home Page | Back
to the top of the page







Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…