Montgomery Mall Financial Situation

There are new developments regarding Montgomery Mall.

Back taxes forced the mall to be sold at public auction. The tax assessor's office confirms Montgomery businessman Richard. E. Hanan paid nearly 27-thousand dollars in back taxes for most of the mall property. That doesn't include the old Parisian store.

WSFA 12 News is told the mall owner's Venture 1 of Dothan can regain the property by paying Hanan back at some point over the next 3 years. WSFA 12 News called the Venture 1 office and were told "no comment."