Following the current authorized discover from the Bahamas Division of Inland Income in regards to the planned public auction of 5 “Sandals Seashore Models” properties in Farmers Hill, Exuma, Sandals issued a proper assertion addressing the matter.
Of their response, the corporate acknowledged, “We’re conscious of current media stories suggesting that personal properties owned by Sandals in Exuma are slated for public sale. We want to state categorically that that is an error stemming from inaccurate information on the Bahamas Division of Inland Income. We’ve been assured that the error shall be rectified and no bids for these properties shall be accepted by the Division of Inland Income.”
The corporate reaffirmed its dedication to the Bahamas, noting, “Sandals stays absolutely dedicated to the Bahamas. We proceed to take a position closely within the area and sit up for constructing on our longstanding partnership.”
The 5 affected properties have been all labeled as “Farmers Hill, Sandals Beach Units” and have assessed values starting from $1.15 million to $2.7 million, collectively totaling almost $9.3 million. They have been recognized to be offered at public public sale for unpaid actual property taxes, together with a number of different properties throughout The Bahamas.