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My opinion… councils don’t care.  Mine seems more than happy to be considering dumping their remaining two camps.  They said… go to State Parks.  Camps are seen as a liability to some councils.  Counc

Really? You're welcome to weed in my backyard any time. I have a great crop of bind weed and some nice thistle. Oh, and lots of mint.

Part of the problem, too, is that we are trying to create these country-club type experiences for people.  Swimming pools, air conditioning, hot showers and flush toilets, climbing towers, ATV program

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Camp Freeland Leslie

A patrol cooking camp.  No pool. No ATVs.  Just a private lake in the middle of Wisconsin.  Great staff and a fun program.  Will be missed. 

8C60CEBE-4BC4-4F75-9308-CD70C818FE2C.jpeg

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4 hours ago, Eagle1993 said:

Camp Freeland Leslie

A patrol cooking camp.  No pool. No ATVs.  Just a private lake in the middle of Wisconsin.  Great staff and a fun program.  Will be missed. 

8C60CEBE-4BC4-4F75-9308-CD70C818FE2C.jpeg

This will be a sad list, but interesting. For example, this is the first time I have heard of camp property being transferred to the Trust. In retrospect, I'm sure that must be established aspect of the bankruptcy process for real property, but it does make me wonder if it's a potential opportunity. My hypothesis is that if dozens and maybe even hundreds of large camp come up for sale at roughly the same time it will depress prices. It might set up a situation where some entity like the National Park Service could make a combined offer for multiple properties with the goal of preserving some of them.  

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Camp Indian Trails

JANESVILLE, Wis. (WMTV) - Camp Indian Trails will be sold to help pay for the settlement reached as the result of the organization filing bankruptcy.

In a statement to NBC15 News, the Glacier’s Edge Council stated it would sell Camp Indian Trails, “to ensure we are best positioned to continue serving youth, families and communities for years to come.” According to its website, the facility has served as a scout camp for more than 70 years.

https://www.nbc15.com/2021/03/19/boy-scouts-to-sell-camp-indian-trails/

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Follow-up Glacier Edge Council email regarding Camp Indian Trails sale:

Camp Indian Trails is council’s largest asset and valued between $750,000 to $1.2 million. The sale would contribute at least $580,000 to Victims' Fund (by August?) and pay off a $400,000 line of credit. "It has been a Scout Camp since the 1940's and has served hundreds of Scouts since it began.  It continues today as a prime Cub Scout Summer Camp and hosts many other Cub Scout events throughout the year as well as serving Scouts BSA Troops for unit campouts. "

The $580,000 amount "was determined by the national organization based on the number of victims in the area, available assets and when the abuse occurred, among other factors".

TCC attorneys found at least 95 claims against the Glacier’s Edge Council.

Council "does not have that much cash on hand and funds in its endowment are restricted; selling the council headquarters on Manufacturers Drive would not raise enough funds, and the council would need to rent office space."

https://madison.com/wsj/news/local/crime-and-courts/madison-boy-scouts-to-sell-camp-indian-trails-to-cover-sexual-abuse-settlement/article_43d399b7-c06f-5049-8875-07246ce13eba.html

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Yup,  because some perverts did things years ago, the victims and their lawyers are now abusing future generations of youth by depriving them of the scouting program.   Is the program perfect, far from it.  Is the country really going to be better off without scouting?  Are the perverts going to go away?

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On 3/17/2021 at 6:34 AM, Eagle1993 said:

I figure we can have a separate thread on a list of bankruptcy losses. This is not speculation of what could happen, but did happen/is happening.    

Lets stay on topic with OP  @Eagle1993- a list of bankruptcy losses.  Three local council camps listed here so far. Thanks,

RS

Edited by RememberSchiff
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Might as well add Lake Erie Council, Camp Stigwandish to the list. It was sold last year for 1.6 million and I am sure all the proceeds will go to the lawsuit as they have 450+ claims. The sale was supposed to support two other council camps and program needs.

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4 hours ago, Eagle1993 said:

Offer was made and accepted for CFL - $2.0M.  Property will be leased back for 2021 summer camp.  

That was fast.  My guess is they had a buyer waiting in the wings long before the bankruptcy.  

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1 hour ago, David CO said:

That was fast.  My guess is they had a buyer waiting in the wings long before the bankruptcy.  

Yup.  And I suspect that's what will happen with many of them.  Unfortunately, I suspect this will be accompanied by a reasonably significant amount "back-room deals" either on purpose, or because you will have councils decide "Why list it when we have a ready buyer?", ignoring the fact that sometimes when you list something for a reasonable amount of time, you get a buyer willing to pay much more than "the guy who has been pestering us for 10 years".

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The Suffolk County Council (NY) announced this week it would sell its 14,400-square-foot headquarters in Medford to help fund the settlement.

"The building is the largest unrestricted asset we have and is debt-free," David Hunt, president of the council, said in a statement. "We are confident of our ability to secure replacement office space for council operations that will allow us to continue all our programs uninterrupted. The sale proceeds will hopefully allow us to meet the needs of the bankruptcy settlement."

Source:

https://www.newsday.com/long-island/boy-scouts-sex-abuse-claims-nassau-suffolk-1.50192369

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19 hours ago, RememberSchiff said:

The Suffolk County Council (NY) announced this week it would sell its 14,400-square-foot headquarters in Medford to help fund the settlement.

"The building is the largest unrestricted asset we have and is debt-free," David Hunt, president of the council, said in a statement. "We are confident of our ability to secure replacement office space for council operations that will allow us to continue all our programs uninterrupted. The sale proceeds will hopefully allow us to meet the needs of the bankruptcy settlement."

Source:

https://www.newsday.com/long-island/boy-scouts-sex-abuse-claims-nassau-suffolk-1.50192369

Can anyone find this story not behind a paywall?

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