The boats were sold for $1.5 million, and so far we are well over a million dollars in claims on the assets of Miss Madison,” Madison Mayor Bob Courtney said.
Two hydroplanes owned by the community have been sold to an out of state buyer. Mayor Bob Courtney said it was news to him and fired the board.
Miss Madison Inc. was formed in 1970 to promote hydro-racing in the city, with members appointed by the mayor.