News: Bank Of America Seeks To Remove Tamarack Resort Ski Lifts

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From Forbes:

"BOISE, Idaho -- The nation's biggest bank is planning to tear out two Tamarack Resort ski lifts, creating a troubling scenario for resort homeowners who hope the failed Idaho vacation development will be preserved intact for a potential buyer.

Bank of America leasing division is filing paperwork with the state to remove the transports after the resort defaulted on payments.

The lifts, located partly on state land, weren't used during last winter's ski season. One is largely a transport lift for homeowners, while the second provides high-speed access to intermediate and advanced terrain on the resort's northern boundary.

Their removal would be a blow to any potential Tamarack buyer, adding to the expense of resurrecting the resort following its financial collapse in 2008."

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