N.H. Ski Resort Going to Auction

Plymouth, N.H. – A shuttered ski resort in New Hampshire’s White Mountains is going to auction to pay a back tax bill.nTenney Mountain near Plymouth will be auctioned off on Dec. 15 to pay the town $170,000 in overdue taxes dating back to 2008, according to a report published today in the Union Leader newspaper. The ski area is owned by Frank Nocito of New York, who has leased the resort operations to private operators since acquiring the property in 2002.

New Hampshire's Tenney Mountain ski area is going on the auction block Dec. 15 to pay back taxes to the town of Plymouth.<br />(photo: Joseph Finn Co.)”></p>
<p><font face=New Hampshire’s Tenney Mountain ski area is going on the auction block Dec. 15 to pay back taxes to the town of Plymouth.
(photo: Joseph Finn Co.)

Members of Tenney Mountain Association told the newspapers that they’re also owed nearly $100,000 in association dues by the ski area, which spans 1,400 vertical feet via two chairlifts. Operators didn’t make any snow last year, cutting sharply into ski area revenues as it took much of the season before terrain was opened from the summit.

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Notice of the upcoming auction appears on the website of auctioneer Joseph Finn, indicating that any successful bidder must execute a memorandum of foreclosure sale in the form prepared by counsel for the mortgagees at the conclusion of the sale. The ski area, 39.48 acres of vacant land on Davis Rd. in Plymouth and 385 acres of vacant land at the base of the ski area are each being sold separately.

Information from the Union Leader www.unionleader.com

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