Reply #57: BofA makes CoC an offer they can't refuse. Foreclosure!

[Fuddnik]

Tarpon Springs Chamber of Commerce's building in foreclosure

By Demorris A. Lee, Times Staff Writer
In Print: Sunday, July 10, 2011


TARPON SPRINGS — The organization that's charged with fostering the town's business growth has fallen on hard times. The building that the Greater Tarpon Springs Chamber of Commerce has owned for 16 years is in foreclosure and the chamber must pack up and leave by Friday.

At 10 a.m. that day, the 5,094-square-foot building at 11 E Orange St., purchased by the chamber in 1995, will go on the auction block.

"It was a great idea at the time when it was a whole different economy," chamber president Sue Thomas said of owning the Orange Street building. "A lot has changed with the economy, and we have to deal with changes that are beyond our control. But one of the positive things is we are moving onto Tarpon Avenue."

The chamber, which has three employees, will now lease a storefront at 11 E Tarpon Ave., the city's main street. To offset the cost of rent, it will share the space with the Tarpon Springs Art Association, which is operating a gallery there called Artists' Faire Art Gallery & Gifts.

http://www.tampabay.com/news/business/tarpon-springs-chamber-of-commerces-building-in-foreclosure/1179696