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Tuesday, November 18, 2008

Maine Mall Owner Makes Property Tax Payment

Maine Mall owner General Growth Properties has warned it may be forced to file for bankruptcy, as it faces a Dec. 1 deadline on $1 billion worth of debt and struggles to refinance payments in the tight credit market.
But the Maine Mall owner did just meet its latest South Portland property tax payment.
This week, the city received a GGP check for $828,000 to cover the quarterly property tax bill on the shopping mall. The company also paid SoPo property taxes on other mall-area properties it owns. The payments cover the second quarter of the 2008-09 tax year.

Posted by Linda on 11/18 at 04:22 PM
Categories: Maine Mall
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Reader Comments

More Taxes Please said ...

What ever happened to directing your comments to the chair? I just wished he saved a little for Linda Boudreau. Thank goodness for Albert DiMillo we

Posted on 2009 01 05
From 'LIVE: Resident Blasts Council'.

gary said ...

Jon G, I don’t get it. If you are so sure you will win, then why the problem with the referendum? I would think that you all would be happy with it.

Posted on 2009 01 05
From 'Will Voters Determine Beach Access for Dogs?'.

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