The St. Louis City Collector of Revenue confirms that L.K. “Chip” Wood owes $12,458.56 for two years of unpaid property tax, penalties and interest — on the L.K. Wood real estate office at 5600 Hampton Avenue. “I guess the company didn’t have the money to make the payments,” Wood said Tuesday. “I apologize. It’s an oversight. I didn’t know where we stood with that until you just called me."
So he first claimed that he didn't know about it until he was called and that it was "an oversight." However, in the Post-Dispatch story yesterday, his story was quite different:
As for the city bill, Wood said his company had financial problems in December, when he decided to defer the taxes."We ran out of cash," Wood said. "Times are tough. We were caught flat-footed and had to make a decision."
Wood promised to pay the total due "in late spring or summer. ... There is no sinister or devious plan here, just an honest business guy trying to get by in hard times."
So he first claims that he didn't know about it, then he claims that he did know about it but decided not to pay. These two claims are not consistent.
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