RICHMOND, Va. (AP) - The city of Fredericksburg opposes a plan to resurrect a national slavery museum envisioned by former Gov. L. Douglas Wilder, calling a plan to dig out from $7 million in debt unrealistic.
The city is the first of the museum's creditors to cast its vote on a bankruptcy reorganization plan. The plan relies on donations to generate approximately $900,000 in its first year after it emerges from Chapter 11 protection.
Fredericksburg is owed more than $250,000 in back taxes for land where the U.S. National Slavery Museum was to rise. The city said in a filing in U.S. Bankruptcy Court in Richmond that the proposed plan "does not appear to be feasible or realistic."
An attorney representing Wilder did not immediately respond to a request for comment.
