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(Beaver-AP) -- A lending company bought the Elk Meadows ski area in central Utah. The sale was made at a public auction yesterday.
The resort hasn't operated for two years, and was in default on a bond for road improvements and water lines. Beaver County had to step in and cover the loan.
The lending company that bought the ski area was identified as Nimbus by The Salt Lake Tribune. The tiny resort is 22 miles east of the town of Beaver in the Fishlake National Forest.
(Copyright 2004 by The Associated Press. All Rights Reserved.)