The Clarke Hotel Pays Its Tax Bill
Facing a foreclosure lawsuit, downtown Waukesha hotel pays $233,000 in taxes.
The Clarke Hotel’s taxes were paid by the bank Wednesday, according to Clerk/Treasurer Tom Neill. The Clarke Hotel, which is a $1.5 million city investment, is being threatened with foreclosure because of its unpaid taxes. A lawsuit filed in Waukesha County Circuit Court alleges the hotel broke its $3.4 million mortgage agreement by failing to pay its taxes. The hotel’s delinquent taxes totaled $118,865.91. It also owed $114,143.67 due Jan. 31 on the most recent tax bill. The $233,009.58 has been paid in full, according to the clerk/treasurer's office. The City of Waukesha is named on the foreclosure lawsuit because the city provided financing to the property via tax incremental financing. The lawsuit acknowledges the city may have claims …
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Mr Lundt
6:30 am on Friday, January 25, 2013
Businesses come and go--- but this proves Waukesha is not competent at evaluating and "investing " taxpayer dollars in this arena. The tax payers get screwed and by them going by "inferior and subordinate" they garunteed we get hammered more ›