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Clarksville Marina's Private Developer Has Financing Issues

By Chris Taylor

Clarksville, TN – Clarksville city officials last month turned over the developing marina basin to a private operator for construction, but now the project's financing is in doubt. Cadiz-based Prizer Point Marina owner Greg Batts had agreed to prove to the city by mid-January he had secured sufficient financing to begin construction. Batts tells the Clarksville Leaf Chronicle he has found some financing at one bank, but not enough to cover the full scope of the project. Batts remains hopeful he will be able to open the first docks around May.