Lakeland Village stiffs city on TOT taxes, property changes hands
By Andrew Kirk, Park Record
Premier Resorts International, both voluntarily and involuntarily, appears to have lost all of its significant sources of revenue in the past six weeks.
Premier also failed to pay hotel tax to the city of South Lake Tahoe for the month of August, a city official said.
On Sept. 30, The Park Record reported the company had lost significant property-management contracts in five communities, including Sun Valley, Idaho, where it managed about 100 condominiums and more than 30 homeowner associations.
Since Wednesday, The Park Record has learned that more contracts have been canceled and that the company is also late on multiple payments to associations.