Posted: Feb 07, 2012 12:19 PM EST Updated: Feb 07, 2012 12:19 PM EST
OAKLAND, Md. (AP) – The Garrett County Commissioners say they won’t bail out a manmade whitewater course near Deep Creek Lake.
The nonprofit Adventure Sports Center International asked the county last month to consider taking over the mountaintop complex, including payments on about $3 million in bank loans.
The commissioners said Tuesday they won’t consider a takeover that would include the debt obligations.
The center’s operators defaulted on the bank loans after the group that owns the nearby Wisp ski resort stopped paying them for marketing services. The Wisp owners filed for bankruptcy protection in October due to a slowdown in sales of vacation home sites.
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