SBA to pay back taxes on motel to avert loss
WILLIAMSTOWN – The Small Business Administration is to pay $15,000 in back taxes by September 10 on a motel in Williams Township which the agency bought to hedge against a possible loss of more than $200.000.
Failure to meet the deadline for 1976, 1977 and 1978 taxes due for the Fountain Blue Motel, Route 209, south of Williamstown, would put the property on the block at the forthcoming sale of delinquent properties by the Dauphin County Tax Claim Bureau. The bottom price to acquire the property at the tax sale is listed at $15,048.
The former owner was Harry F. Mace.
Several years ago he received a Small Business Administration loan of $335,000 to finance plans for a resort-recreation-restaurant complex in the Williams Valley.
The Dauphin County Tax Claim Bureau said the property will be offered for sale for delinquent taxes due from Mace although the the ownership now resides, as the tax sales notice indicates, in the United States government. The sale will go on September 10 unless the taxes are paid before that date, according to the tax claim bureau.
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From the Pottsville Republican, 30 August 1979, via Newspapers.com.