1. Our only income has been our lease payment from the Jaycees/Adair Co Fair Board and shortly after the 2013 Fair a well respected member of the Jaycees came to use with a warning about the financial stability of that organization. As this was our only income, we inquired if LWC was still interested in our property. When LWC replied that they were, we informed officers of the Fair Board that we were going to talk with Lindsey about this matter and also told them we would keep them updated, which we have.
2. The VFW purchased the property in 1946 and made a promise that it would be used for a County Fair for 50 years, this promise was fulfilled in 1996, then there has been another 20 years of fairs on this site.
3. In 1998 the VFW voted and presented to the Jaycees a proposal to sell them, the Jaycees, the property for a total of $80,000 and the VFW would carry the note at no interest with a minimum payment of $3,000 annually until the note was paid off. The Jaycees rejected the proposal. The property now is valued at 8-10 times that amount.
We are not anti County Fair, and hope the Fair Board can find an even better location and have great fairs in the future. By selling our real estate to Lindsey Wilson we have secured financial stability for our post for the next 200 years, and feel this is our responsibility as the current members of VFW 6097.
Members VFW Post 6097
Joe Hare-Commander