Published: October 25th, 2009 10:05 PM
Last Modified: October 25th, 2009 10:06 PM
JUNEAU -- A community hall in downtown Juneau has avoided foreclosure proceedings.
The Alaska Native Brotherhood Camp 2 building -- commonly known as the ANB Hall -- hosts a community hall, kitchen facilities, pull tab parlor and office space.
First National Bank Alaska had begun foreclosure proceedings because of a failure to make payments on an $841,460 loan. Camp 2 President Andy Ebona has said the declining economy was to blame because it forced hall rentals down and expenses up.
The bank loan paid for remodeling the building, including replacing ceiling tiles after the building went smoke free, as well as refinancing the original construction loan.
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