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Morgan RV Resorts-Owned Facility Owes Taxes
Posted By RVBusiness On January 21, 2013 @ 11:44 am In Breaking News | No Comments
White County, Ind., businesses and residents are hoping that attempts to bolster the area’s economic lifeblood — the tourism industry — won’t stall in the wake of a large outstanding bill.
As reported by the Journal & Courier, Lafayette, officials discovered recently that Monticello’s most popular recreational attraction owes the county hundreds of thousands of dollars in unpaid taxes.
Indiana Beach Amusement Resort, owned by Morgan RV Resorts, owes White County an estimated $347,000 in combined property and innkeeper’s taxes, according to the county’s tourism authority and treasurer.
Indiana Beach has neglected to pay an estimated $180,000 in innkeeper’s taxes, which partly go toward promoting the area’s tourism industry, and about $167,000 in 2011 property taxes.
And the financial health of Morgan RV Resorts has been called into question.
Morgan RV Resorts recently agreed to sell 11 of its RV communities to Sun Communities Operating Limited Partnership LLC of Michigan for $135 million. Since the deal hasn’t been finalized, it is unclear whether Morgan’s assets in Monticello are part of the agreement. The company did not return numerous calls and messages from the Journal & Courier.
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