The Friends of Mount Sunapee continues to gather and make available via its website information about the sale of the ski area lease at Mount Sunapee State Park to the criminally sanctioned hedge fund Och-Ziff. The ownership change and a $251 million Leasehold Mortgage, which now encumbers the state-owned ski area at Mount Sunapee, occurred in April without review by the Executive Council.
The FOMS library of news articles and registry filings now include the following documents, all dated April 6, 2017: a Quit Claim Deed; $251 Leasehold Mortgage; and Subordination, Non-Disturbance, and Attornment Agreement.
See related articles and industry press releases.
See related Lessor Estoppel and AG/DRED Memo
Responsibilities of the Executive Council include to approve contracts with a value greater than $25,000 and to assure “all major executive branch business is conducted in public with the press present.”