An auction will be held next month for P P’s Douglas Inn, the Douglas business seized earlier this spring because the owner failed to pay federal taxes for much of the last fourteen years.
The bar at 915 3rd Street, previously known as Louie’s, had been operated by Patrick Peterson of Douglas. But the IRS says he owes nearly $1 million going back to 1999.
The IRS seized the property and locked the doors sometime in May.
At least 20-percent of the bid value is due during the August 21st auction at the Dimond Court Building at 123 4th Street in Juneau. Remainder of the purchase price is due on September 10th.
(Editor’s note: Bid value due at auction corrected to 20-percent sted 40-percent)
- Tribes say filing a petition to adopt in state court is hard to accomplish in remote villages, and requires the services of an attorney.
- That was the message delivered to lawmakers Thursday, as they consider a bill to use the state’s high-risk insurance pool to help stabilize the market.
- If the state were to forgo distribution of passenger taxes, Skagway would lose out on about $4 million.
- The agreement is the first formalization of co-management between the Alaska tribes along the Kuskokwim River and the federal government.