Goose Pond Colony Board Reports Serious Financial Losses

http://goosepond.org/

The Goose Pond Colony--Scottsboro Parks and Recreation Board.

Board Chairman and General Manager divulge bleak financial news at last nights board meeting.

Last night the Goose Pond Colony Park Board met and disclosed very sobering news. The Plantation Point Golf Course is creating a serious financial problem which may result in the loss of Goose Pond Colony, Plantation Point is a money looser. Plantation Point will have to be closed, sold or leased or there may not be a Goose Pond Colony for anyone to enjoy.

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At Monday's Scottsboro City Council Work Session a presentation was presented by the Plantation Point homeowners representative. http://arklite.blogspot.com/2010/11/scottsboro-city-council-work-session.html Related Story from the Daily Sentinel. "Council vows to support Plantation Point homeowners:" http://thedailysentinel.com/news/article_7629c91e-f1c8-11df-a8a3-001cc4c002e0.html

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Questions arise. The question now is will the city council take responsibility for a failed Goose Pond Colony in their support of the home owners? Will the City Council back off and stop with the political posturing and realize the facts of the situation?" It would seem some Scottsboro Council members are catering to "special interests" to make themselves look good at the expense of the City as a whole. This would not be the first time this has occurred, such as with the old Goose Pond Aluminum Plant Industrial Site.

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Here are the loss figures for Plantation Point since 2007. 2007-$221,576; 2008- $157,579; 2009- $234,086; 2010- $269,728; 2011 projected loss-$346,581 Total 5 year loss with the projected 2011 figures is in excess of $1.2 million.

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It was reported total repairs and updates needed to Goose Pond Colony is near $3 million.