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Academy at the Lakes settles debt with bank, is out of foreclosure danger

LAND O'LAKES

School settles with bank, out of foreclosure

A private school that faced foreclosure in the spring has reworked its debt to put it on stronger financial footing, its headmaster says. Academy at the Lakes, which serves about 400 students in prekindergarten through high school, settled its debt obligations to Bank of America late last week and took out a new loan to cover the costs associated with recent construction projects, head of school Mark Heller announced. "With our re-financing efforts behind us, we look forward to the exciting years ahead for Academy at the Lakes," Heller said in a news release. The bank had filed papers to foreclose on the school in March, after the school failed to make its monthly payment in November 2010. It withdrew its legal complaint a month later.

NEW PORT RICHEY

Habitat to show documentary film

West Pasco Habitat for Humanity will show the documentary Requiem for Detroit at 8:15 p.m. Thursday as part of its free "Movies on Madison" series. The film shows the transformation of Detroit from the embodiment of the American dream to a dystopian post-industrialist city, in which greenery grows up through abandoned office blocks, houses and collapsing car plants. But the film also shows signs of hope: Streets are being turned to art, and farming is coming back to the center of the city. The film will be shown at Habitat's community center, 4131 Madison St. Pets allowed if weather permits an outdoor showing. For information call (727) 843-8786 or visit westpascohabitat.com.

LAND O'LAKES

Beall's Outlet has new, bigger space

Beall's Outlet, which closed its store at the corner of State Road 54 and U.S. 41, has opened its new location in part of the old Walmart at the Village Lakes shopping center on State Road 54. The move allowed the outlet to triple its space from about 10,000 to 27,500 square feet. The new store has wider aisles and bigger departments with more inventory. Walmart left the strip mall in 2009 to open a new supercenter on Dale Mabry Highway.

Editor's note:

For the latest crime listings, go to pasco.tampabay.com and select the listing under "Weekly crime report."

Clarification

A 2004 lawsuit alleged Salena Tackett was killed because she knew about her husband, Tyrone Tackett, stealing construction equipment and using it to make money on various jobs — a practice that allegedly continued after her 2003 disappearance, when the equipment was used to clean up after Hurricane Ivan in 2004. A story in Friday's Pasco Times was unclear on that timeline of events.

Academy at the Lakes settles debt with bank, is out of foreclosure danger 07/15/11 [Last modified: Friday, July 15, 2011 8:23pm]
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