ALBANY, Ore. -- It’s been less than a year since the Albany American Legion Post was rebuilt after it had been completely destroyed by fire.
After a lengthy arson investigation workers began resurrecting Legion Post 10 from the ashes, but officials say the building is now facing big financial trouble.
Insurance covered only two-thirds of the $1.5 million replacement cost, but the legion had to take out a $600,000 loan to pay the rest.
Legion vice commander Timothy Beach started a fundraising campaign to help cover the monthly $4,000 loan payments after finding restaurant, lounge and flag sales were not generating enough revenue.
“It’s possible within 90 days that we have to make a great decision, whether we're going to sustain this post, or whether we're going to go under,” said Beach.
The legion is looking to the internet for help by setting up a fundraising campaign website. Commanders hope to raise all $600,000 to retire the debt or at least enough to cover the monthly $4,000 tab.