Queensbury, NY – A mortgage against West Mountain ski area in Queensbury, which filed for Chapter 11 bankruptcy protection in June, is up for auction.

Zions First National Bank of Utah indicated in West Mountain’s bankruptcy petition that it is owed $343,375 of a $433,000 loan, the status of which is listed as “non-performing” on the website auction.com. The mortgage shows a maturation date of Jan. 1, 2024, although no payments have been made by West Mountain owner East Slope Holdings LP since April 2012. The auction’s starting bid is listed as $100,000.

Any winning bidder in the online auction, set to run from November 19 to 21, would become a creditor in the ski area’s bankruptcy proceeding. West Mountain’s assets total $1.8 million and liabilities $4.8 million, according to the bankruptcy petition.

The resort’s website www.westmtn.net is presently offering limited functionality, with a message indicating that it is being redesigned. Although it indicates that the mountain is under new management and season passes priced from $99 to $299 are being sold, a highlighted line contains the caveat that purchased season passes are refundable if the resort does not open for the 2013-14 winter season. Eastern Slope Holdings this summer leased West Mountain’s operation to Apex Capital LLC for winter 2013-14. The resort’s Facebook and Twitter pages remain active.

Built in the early 1960s, the 1,000 vertical-foot West Mountain property encompasses 365 acres. A total of 40 ski runs, 70% of which are covered by snowmaking and lighting, are augmented by a tubing park. Three chairlifts and four surface lifts provide uphill transportation.