DUNEDIN — The Taoist Tai Chi Society of the United States of America on Tuesday paid off nearly $109,000 in code enforcement liens that had accrued on the Fenway Hotel property since 2012.
The society, which bought the foreclosed 6.4-acre waterfront parcel at 453 Edgewater Drive this month for $2.8 million, plans to renovate the deteriorating structure into its new international headquarters.
Vacant since 2006, the property had racked up daily fines for broken glass, rotting doors and other items the city feared might injure children and vagrants who police said constantly trespassed to play and sleep.
During foreclosure proceedings, PNC Bank declared the historic building a "public safety hazard" and had a judge appoint a receiver to oversee upkeep and pay off some fines. But, city code officials said, some violations lingered.
The nonprofit society noted that it did not challenge the lien, but moved quickly to rectify it. Next, the group will seek blueprints and meet with city staff.
"We are delighted to join the family of good neighbors contributing to this wonderful community," said executive director Sean Dennison.