Boys & Girls Club Repayment Plan

By: Mary Pulley Email
By: Mary Pulley Email

A plan for the Boys & Girls Club of Harrisonburg and Rockingham County to pay back some of its debt has been approved. The club owes just under $200,000 to the Harrisonburg Redevelopment and Housing Authority

The Housing Authority approved the plan calling for the club to repay $196,796.37 in a meeting Wednesday afternoon. Those payments will be made interest free unless the Boys & Girls Club sends a payment more than seven days late, at which time they may be required to pay five percent interest.

The club will have to pay quarterly payments on the first of April, July, August, and January, in chunks of $6,667.67. Those payments are schedule to begin April of this year.

This debt is not to be confused with the $5 million the Boys & Girls Club owes the city of Harrisonburg. The club fell short of raising that money when they were only able to come up with $33,000.

The club has since accepted a resolution to reduce the yearly amount it gets from the city for the next 15 years.


WHSV.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WHSV-TV3
50 North Main Street Harrisonburg, VA 22801 540-433-9191 - Switchboard 540-433- 4028 - Fax 540-433-2700 - News Fax

WSVF Public Inspection File

Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 15826532 - whsv.com/a?a=15826532