Sections

Weather Forecast

Close
Advertisement

Bank scuttles sale of Val Chatel, cuts off negotiations

Email News Alerts

Potential buyers of a defunct ski resort north of Park Rapids say their bid was rejected by the bank that owns the property, even though the buyers met the bank's price.

Advertisement

"There was never a signed purchase agreement," said State Bank President Marty Peterson of the Val Chatel property.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Sarah Smith
Sarah Smith is the outdoors editor. She covers courts, business and breaking news in addition to outdoors events.
(218) 732-3364
Advertisement
randomness