The McCall Star News reports that two ski lifts are one step closer to being taken away from the troubled Tamarack Resort. Banc of America Leasing and Capital got a favorable ruling this week from Valley County commissioners to move forward with its efforts to remove the lifts once the leasing company gets the proper permits.
Banc of America (a wholly-owned subsidiary of Bank of America) lost more than $4 million on the Buttercup and Wildwood lifts when the owners of Tamarack Resort stopped paying the mortgage payments.
The Tamarack Municipal Association, a group of homeowners who successfully reopened the mountain for skiing last winter, appealed to the county commissioners, saying that if the lifts were taken, the chances of finding a single buyer for the resort would be increasingly difficult. But commissioners voted three to one to allow the lifts to be removed.