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John Schnatter backed development owes back taxes

Courier-Journal:  A real estate development group involving Papa John’s International founder John Schnatter owes more than $68,000 in unpaid property taxes, interest and fees, according to records from the Jefferson County Clerk’s office.

In June, Republic Bank filed a foreclosure action against the Vinings of Hurstbourne LLC I, which plans to reconstruct the Williamsburg Plaza Office Park in Hurstbourne.

Records filed with the Kentucky Secretary of State’s office do not list Schnatter as a person involved in that particular limited liability company. But in court filings, Schnatter acknowledges he personally guaranteed a portion of a $7.6 million construction loan Republic gave the development company in 2007.

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