Quote:
Originally Posted by B99
Falling apart? Not according to the terms of the lease, if you read it. According to the lease the premises were up to code. And, any improvments Spiker made become part of the real property which is owned by Allison.
Look I've never been a fan of Allison and would agree with your feelings about him. However the terms of the lease are pretty clear and according to the allegations, Spiker is in arrears $110 thousand and change. Spiker signed and then renegotiated the lease agreement, which in some ways favored the landlord, as it usually does.
It is troubling that some of the equipment is at an auction house, and no one has an explanation for that. Ownership ought to be pretty clear, either it is Joe's or it isn't.
Whatever the result here it is a damn shame LPS has this cloud over it.
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All I said is it was falling apart under Allison. Pissers hanging off the walls. a grader that couldn't grade. gutters hanging off concessions etc.
Whatever happened is between them. And I wonder if, Knowing what if any improvements, upkeep etc will happen with go to Allison in the long run, Anyone will be able to run it.
Its actually the only track I figured had a solid base of cars fans and a future.