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Removing unfinished boat could cost $100K

In a case of the best intentions yielding one heck of a financial headache, the California town of Freeport could end up spending more than $100,000 if the foundation that owns a partially built 113-foot schooner can't come up with the money to finish or move the massive boat.

The town had required Harold Arndt, president of the Island Rover Foundation, to meet several goals by the end of January to continue building the Island Rover on the foundation's property off Flying Point Road.
Arndt has said previously the boat may need another $150,000 to complete.

Click here for the full report by The Forecaster.