Bank wants Tamarack ski lifts, equipment

Bank of America is demanding two ski lifts be returned from Tamarack Resort, saying the struggling central Idaho vacation getaway has missed lease payments.
In a court hearing set for Thursday, the Charlotte, N.C.-based bank is also due to demand cash from the resort’s owners, saying they should be held liable for millions in tardy lease payments and other losses.
In 2008, resort owners agreed to make payments to the bank for lifts after once before falling behind.
According to court documents, however, the bank now says payments haven’t been made since February 2009 – for lifts and other equipment like a snow plow.
An attorney for the resort owners says they’re fighting the repossession, because new investors Tamarack is seeking would want a resort that hasn’t been dismantled chairlift by chairlift. (AP)