In 2007, Tamarack
saw $500 million in real estate sales, and its ski runs were being hailed as some of the best in North America. What promised to be one of the finest resorts in the United States ended in bankruptcy, half-finished buildings and a bench warrant for former owner Jean-Pierre Boespflug
, who is still at-large.
In the wake of all the legal drama, more than $12 million in property taxes accrued 2011-2014 remains unpaid to Valley County. There were multiple attempts in 2015
by county officials to seize resort properties to recoup the money, but to no avail. Now, this week's McCall Star-News
reports Valley County officials are preparing to send past-due notices to New TR Acquistitions, aka Newtrac. Newtrac owns 40 parcels of Tamarack properties and, according to Star-News
, owes the bulk of the $12.1 million in past-due taxes.
According to county officials, if Newtrac pays the back taxes by mid-February, the county will not make another attempt to seize the property. If the money still isn't paid, the Star-News
reports, a new court hearing on the matter could occur this summer.
"This is the most complex commercial tax deed sale in the history of the state," Valley County Prosecuting Attorney Jay Juhani Kiiha told the Star-News.
"It's also the most expansive and dragged-out failure of a real estate project in Idaho."