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Wilder considering another bankruptcy filing, T-D reports
The Richmond Times-Dispatch is reporting this morning that former Gov. L. Douglas Wilder is considering filing for bankruptcy again to forestall sale of the 38 acres donated for the U.S. National Slavery Museum.
The possibility Wilder might take that step is not new. However, partners with a proposed multi-purpose stadium project in Fredericksburg have been negotiating to buy the land. They have a meeting scheduled for next week with the museum’s architect, Chien Chung Pei of Pei Partnership Architects in New York.
Wilder owes more than $350,000 in back taxes and interest on the land to the city of Fredericksburg, which is what started the legal process.
Pei claims his firm is owed more than $6 million for having designed the museum, which never got built.
The land is in Celebrate Virginia South overlooking the Rappahannock River and Interstate 95.
A hearing is scheduled for Sept. 25 in Spotsylvania Circuit Court where a judge is to rule whether to order the land be sold at auction.
The partnership seeking to build the stadium was willing to buy the land for $1.5 million at the last hearing. The judge allowed the extra time to see if a negotiated sale can be worked out.