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County set to begin foreclosure proceedings against mall

Posted at 3:13 PM, Jan 05, 2020
and last updated 2020-01-05 15:13:24-05

AKRON, Ohio — A county in Ohio is set to begin foreclosure proceedings against a mall over unpaid property taxes, the chief of staff for the county’s fiscal officer has said.

The Chapel Hill Mall in Akron owes more than $166,000 in back taxes, and a bill going out this month for just over $400,000 will include the back taxes, additional property taxes and utility assessments, according to the Akron Beacon Journal. The office of Summit County’s fiscal officer sent several property tax bills but wasn’t able to reach the mall owner, said Jack LaMonica, the office’s chief of staff.

Mike Kohan, of Kohan Retail Investment Group, which owns the mall, said that he wasn’t aware of the foreclosure plans but said the bills will be paid.

The mall has also faced problem with its water bills. The City of Akron threatened to turn the water off Friday but decided not to after the owner made a partial payment.