In early April of this year, the Sheridan Heritage Center announced that the Historic Sheridan Inn was in financial trouble due to the fact the the Heritage Center could not keep up on the monthly loan payments. The loan is currently in forbearance, and the Heritage Center must raise approximately $100,000 by January of 2013 to keep the Inn from facing possible foreclosure.
Heritage Center Board President Jake Brooks says that there have been a couple of recent changes to the board.
Brooks explains that the board has decided to focus all of their attention on getting the loan paid off.
The Heritage Center will be holding a fundraiser for the Historic Sheridan Inn on Friday, June 8th. We'll have a more on the fundraiser as we get closer to that date.