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City May Lose Police HQ Over Golf Course Bill

Associated Press

May 28, 2010

BUENA VISTA, Va. – The city of Buena Vista doesn’t have the money to make a payment due on its golf course and faces losing the course, its municipal building and police station that were used as collateral.

The Rockbridge County community issued $9.2 million in bonds in 2005 to finance the golf course’s construction. Last week the City Council decided it couldn’t make a $660,000 payment due in July.

City Attorney Brian Kearney says so far he’s had no luck in negotiations with a Maryland-based insurer over restructuring the financing.

Richmond attorney Bonnie France, who represents ACA Financial, says it’s too early to speculate what will happen if the payment can’t be made.

Vice Mayor Samuel Mays says the golf course was a good idea when first envisioned but has lost money since it opened.

Information from: The Roanoke Times, http://www.roanoketimes.com

(Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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  • Car6_max50

    Ahi

    about 4 years ago

    1990 Comments

    wow...

  • French_avatar_max50

    fletc

    about 4 years ago

    182 Comments

    WTF?!

  • 100_1981_3__max50

    LCarvin

    about 4 years ago

    1222 Comments

    Well, it's nice to know where your law enforcement ranks on the food chain....brain trusts!

  • Angel_kincaid_park_2014_max50

    AKangel

    about 4 years ago

    4972 Comments

    DANG! That is crazy bartering with the department of safety.. WHAT THE?

  • Pisilhouette_max50

    nightwatch

    about 4 years ago

    356 Comments

    yeah, that is ridiculous, using your PD for collateral to build a stupid Golf course, those politicians need to be removed.

  • Justice-400_max50

    clobster

    about 4 years ago

    1552 Comments

    Wow. I'm glad that isn't my city council.

  • 300_max50

    talgwiez

    about 4 years ago

    118 Comments

    what?? are these people serious ?? it was better to have putr that kind of thing in there house

  • Fallenherobadge-3-1_max50_max50

    CAZ

    about 4 years ago

    1428 Comments

    This is not a problem at all just start taking the salary of the Mayor and City Counsil to make the payment on the golf course. I feel a recall of the Mayor and City Counsil should be done.

    Roboco33 how much do you think the political boys and girls pay for green fees???

  • Plmb2s3sk_max600_max50

    s3sk

    about 4 years ago

    3308 Comments

    that's wonderful.

  • 1979_max50

    Robocop33

    about 4 years ago

    14618 Comments

    Oh great idea! Put up the police department as collateral for a damn golf course! Anyone want to bet the polititians and their buddies play golf?

  • The_cops_max50

    mack77

    about 4 years ago

    70 Comments

    wth

  • Photo_user_blank_big

    Anonymous

    about 4 years ago

    what kind of golf course is that!!

  • Hapd1_max50

    3William30

    about 4 years ago

    102 Comments

    Okay, I understand wanting to build a golf course in the community. It definitely has the potential to bring a lot of business to the area and maybe even boost property values... but using the police station and municipal building as collateral when it starts to go under? Geez... I hope the people behind THIS decision are there playing 18 holes every friggin' day!!!!

  • Joefriday_max50

    alexy

    about 4 years ago

    3970 Comments

    a Golf course?.......

  • 45089_396847393722850_1055776862_n_max50

    SuzanneNGa

    about 4 years ago

    16562 Comments

    Gary, some idiot politician was the mastermind! Grrrrrrr this gets my blood boiling!

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