Last week, Boise Weekly reported that the Garden City restaurant Stagecoach Inn had its liquor license seized for nonpayment of taxes. Shortly after, the license went up for auction via the Idaho State Tax Commission's website, with an opening bid of $75,000.
According to Debbie Coulson, field collections bureau chief with the ISTC, that auction was canceled when the Stagecoach Inn's owners filed for bankruptcy, as previously reported by the Idaho Business Review.
"So at that point, what our normal process is any time we are giving back a liquor license, whether it’s bankruptcy or the business owner has cleared the liability, we don't give it back to the licensee if we’ve had it for more that 24 hours. We give it back to Alcohol Beverage Control," said Coulson.
As the Stagecoach Inn goes through Chapter 11 bankruptcy procedures, the liquor license will remain in use at the location while creditors and business owners work out a repayment deal.
"Even though Idaho Code states that a liquor license is not an asset but a personal privilege, bankruptcy code supersedes Idaho Code or even ABC statute," said Coulson. "We had to return it, but we followed our normal process, which is to give that liquor license back to ABC, who make sure everything is in order before they give that back to the licensee."
Coulson couldn't speak to whether the Stagecoach Inn had been to ABC to pick up its license, but a recent Facebook post suggests the business will soon begin pouring drinks once more. On Jan. 25, Stagecoach wrote:
"Hey Fans! Your bar has re-opened! Woohoo! Thank you for your patience and understanding! We are so appreciative of all the kindness and support during that mess."