Word on the street is that Wolf Creek may have been sold. Rumor has it that the Golf Course, Ski Mountain, and surrounding buildings were sold in the last few weeks.
If anyone has some definite information, please share it with the rest of us. Does this have anything to do with the recent Powder Mountain activities?
Speak up fellow Ogden Valley citizens.
10 comments:
It's not definitive, but I heard that a couple local of doctors have been looking at purchasing it.
Whatever happens, we hope Wolf Creek, the employees and the homowners in the area are ok.
Certainly not substantiated but I believe all referenced properties in the post are assets still subject to the existing "wolf creek" bankruptcy case. The settlement of the bankruptcy is pending so I doubt any sale has occurred.
As a person intimately involved with the Wolf Creek bankruptcy, I can state there has been no major sale of the debtors assets. Right now we are on track with the bankruptcy proceedings as outlined in the filed court documents.
Wow...they sure owe alot of back property taxes....
If they owe a lot of back property taxes, blame the County Commissioners and their staff. They allow businesses to go many years before they collect delinquent property taxes, and want you the average tax payers to make up their shortfall.
Blame the county for someone not paying thier bill?....I understand the "philosophy" of what you are saying but THEY are the ones that owe the money.
Let me explain, if the County enforced the collection of delinquent property taxes with the scofflaws (Big Businesses & large landowners), we would all pay less taxes. You can go almost 5 years and not pay property taxes without forclosure. All you pay is a little interest and penalty. The bean counters for these companies tell their leaders to hold back and use the money for other things rather than pay their taxes on time each year like the rest of us. If a third of the delinquent taxes were collected from large landowners and businesses every year in Weber County, the County would have from 3 to 4 million dollars more in revenue to do County business. If effect, these scofflaws operate on our money thanks to the jerks on the Weber County Commission.
I get that....yjere certainly alot of little guys too thay owe and that add up to big bucks. One thing I do not like is getting a development approved then when the economy goes south they put it in greenbelt with a few cows and pay squat....can you say Eagle Ridge?
To Smaatguy, In fact almost 92% of property taxpayers pay their taxes on time. It is mainly the heavy hitters with accountants that don't. The problem is, they owe the most in delinquent taxes and the collection of those taxes could give a big boost to every County in Utah. The Powers that be, don't want to take any action to force them to pay, or increase the interest and penalty to take away the financial advantage of non-payment. That includes the County Commissioners and most of the State Legislature. In another state I lived in, the penalty was 10% and the interest was 18% a year. That discourages the scofflaws since they will pay more in penalties and interest than their money can earn invested elsewhere.
BTW, there is a tax commission in Weber County to review hardship cases, so no little old lady will lose their homes.
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