County forecloses on Packard Museum properties
Robert Signom III, son of the museum's founding curator, said the
"The Museum has revamped its financial planning and budgetary process, made important upgrades to our collections strategy and strategic plan, while continuing to support our mission of educating present and future generations about the
Part of the plan includes making 30 installment payments to pay off the back taxes at the museum's
"The tax payment plan is paid current-to-date and there is no threat to the
The museum's downtown properties were also in jeopardy of being foreclosed on this year due to the delinquent taxes. The museum was sent a letter by the prosecutor's office giving it a last chance to pay the taxes or set up a payment plan, according to
Currently, there are about 4,500 parcels in
The organization, however, will let two adjacent properties on
"
About half the taxes due at the main campus are the result of special assessments. The remainder is property tax levied on an outbuilding and office space his father used for his law practice until 2017, Signom said.
"There was a time when correcting this issue was not of the highest priority, but now it is," he said. "We feel that our responsibility to our community is greater now than ever and we want to do our part of the work to show that we understand that."
Though he's been on the board of the museum for 20 years, his father's death "reactivated" his commitment to the museum, said Signom, who lives in
"After putting in a significant amount of work to help the museum grow and thrive, I feel very strongly about staying for many years to come," he said. "And it's my understanding that the
The coronavirus pandemic impacted all museums, halting the flow of visitors and events that museums rely on to cover costs.
"When
Work on the museum hasn't stopped during the pandemic, Signom said.
The Art Deco showroom, which can seat 150 guests, was repainted. New heating units were installed in the
"But we have a long way to go," he said.
Signom said the part of the museum's long-term plan is to rely less on "at the door" funds and move toward a philanthropic income model, having initiated a capital campaign to reach out to donors and supporters.
"We really believe that the museum will be around for more than the next generation," he said. "And to do that we need to invest in the museum now, especially in terms of buildings and grounds, and by reimagining our position in the
In
___
(c)2020 the Dayton Daily News (Dayton, Ohio)
Visit the Dayton Daily News (Dayton, Ohio) at www.daytondailynews.com
Distributed by Tribune Content Agency, LLC.
Vatican calling: Pope congratulates Joe Biden on election
Insight Engines Market Worth $2,197.4 Million by 2023
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News