Hells Angels considered buying strip club
Anonymous - CBC News
July 13th, 2011
The Hells Angels biker gang was interested in purchasing a Fredericton strip club before the city decided to buy it this week, according to a councillor.
Coun. Stephen Chase, the chairman of the city's development committee, said on Wednesday the police informed city council of the biker gang's interest in the North Star Sports Bar.
"They may already own property here, they or people like them, may already own property. But to carry out the kinds of activities they might have carried out in this location that is something we can control," Chase said.
The city councillor said the police highlighted the potential sale to the biker gang as a "potential problem."
The North Star Sports Bar was assessed at $364,900 by Service New Brunswick, but the city is paying $500,000 for the bar and some additional property.
Chase said city staff are confident the property, which currently generates $7,000 in tax revenue, can be flipped to a new developer "in the very near future."
"We can easily generate 10 times that," Chase said.