The desperate struggle of Q Burke Hotel General Partner Bill Stenger to satisfy state regulators and open his hotel was revealed in documents released this week to the Burlington Free Press through a public-records request.
In an Oct. 17 text message to Pat Moulton, secretary of the Agency of Commerce, Stenger wrote: "If we don't finish in time and get to promote the opening correctly we are headed for financial disaster for the project and the partnership."
Disaster loomed Friday when Stenger was on notice from Jerry Davis, owner of PeakCM Construction, that if Stenger failed to pay the roughly $900,000 Davis is owed for a November invoice for building the hotel, PeakCM would file a lien against the property.
In an interview with the Free Press, Stenger said he had the money to pay Davis but was unable to send the funds because bank wire offices were closed for Good Friday. Stenger promised to pay Davis on Monday morning.
"That really doesn't work," Davis said in a separate interview.
Davis instructed his attorney, Sandy Fead, to begin the process Friday of filing the lien.
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