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Water Still Running at Coppertree
(updated 7.10.09)
(Editor's note: The following statement was provided by Town Manager Barbara
Lawrence in resonse to the article posted on July 9)
"First, the amount that Coppertree now owes is substantially below
the $200,000 - we have received two payments from them; the first was in
mid-May for about $45,000, and a second payment of about $67,000 in mid/late
June. These payments came as part of a payment plan to collect the outstanding
balance. We pursued the potential disconnection when the owner failed to
make a payment that was due on the arrears. That payment was subsequently
received."
"Karam Properties had a monthly service payment due, and they requested
an extension on that payment until on July 20, when their next payment
for arrear amounts is due."
"The current total that is owed is about $100,000, which we are continuing
to collect through a payment plan."
(posted 7.9.09)
The Town of Speedway did not shut the water off to Coppertree Apartment
tenants on July 7 as voted on at the June 22 council meeting. Coppertree Apartments owner Karim Properties
has been behind in payments since August of 2008 and owed the town over
$200,000.
Clerk Treasurer Sharon Zishka explained on July 9 that "The Management
Company for Coppertree Apartments had requested and was granted an extension
on the payment of the water bill which is now due with their payment on
July 20th."
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