Anyone know?

Is the tax money being collected from the hotel/motel tax in PTC being paid on the Peachtree National Bank illegal loan in payments? (intermediary is Tourism Authority).
If so, what is the interest rate and how much extra will the bank get in illegal interest?
Where is it shown on the budgets.
Are any of the current new Councilmen interested in this>

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Submitted by wdd5885 on Sat, 12/01/2007 - 8:22am.

Why don't you call the mayor and/or a city council member and ask them.

Mike King's picture
Submitted by Mike King on Fri, 11/30/2007 - 8:03pm.

Peachtree City has for years kept the specifics of their budgetary processes out of public scrutiny as evidenced by land aquisition for our now defunct police station. Public monies coming to the city from whatever source must undergo audit scrutiny as it is expended to pay the city's bills.
While, to my knowledge, no one is alledging any impropriety, proper accounting has to be maintained. Additionally, a public disclosure of all city finances in an easy to read format should be made available to each property owner within our city annually.
This is a goal I have set for myself should you grant me the priviledge to serve as your Councilman.
Mike King Candidate for Council Post 2

Submitted by d.smith700 on Sat, 12/01/2007 - 4:53am.

It will certainly amaze me if you find out anything about the illegal loan payments!
They are going to tell you it is run by the Tourism Authority, whatever they do, and is not the town or our business.

Submitted by Doug Sturbaum on Fri, 11/30/2007 - 7:36pm.

I can say that this issue and the police station are on the radar as issues to be reviewed.

Don Haddix's picture
Submitted by Don Haddix on Fri, 11/30/2007 - 6:03pm.

The Tennis Center, in totality, is of concern to me. I have will be digging into it.

Don Haddix
PTC Council Elect, Post 1

Spear Road Guy's picture
Submitted by Spear Road Guy on Fri, 11/30/2007 - 6:17pm.

Bob Lenox, Doug Warner and Tommy Turner. All happen to be supporting Matt Ramsey in District 72.

If Bob Lenox were in the Army, he'd been busted down to a disgraced private. To think we're having to spend nearly $1 million on to fix a new police facility and pay rent in the meantime makes me want to blow my top.

Vote Republican

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