Chair lifts could run again at bankrupt ski resort
by Associated Press
KTVB.COM
Posted on August 5, 2010 at 12:32 PM
Updated today at 1:52 PM
BOISE, Idaho -- Homeowners at a failed central Idaho ski resort want to resurrect lift operations next winter and plan to ask the state, a federal judge and creditors to go along with their plan.
The Tamarack Municipal Association, which represents property owners at Tamarack Resort in Donnelly, said they would use some of their reserves to initiate a four-day, Thursday-through-Sunday ski season starting in December.
The resort hasn't had a ski season since mothballing lifts in March 2009.
Its majority owner, Jean-Pierre Boespflug, is trying to find a buyer while the resort's finances are sorted out in federal bankruptcy court.
Zurich-based Credit Suisse Group is among dozens of creditors trying to recover hundreds of millions in unpaid debts.
The homeowners say they have a business plan showing they could break even.
http://www.ktvb.com/home/Tamarack-homeowners-aim-to-revive-skiing-100051929.html
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