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Maine's Proposed Moosehead-Region Ski Resort Gets Approval For $135 Million In Bonds
The Finance Authority of Maine has approved up to $135 million in bonds to construct a ski resort and conference center overlooking Moosehead Lake.
The funds would help pay for acquiring and renovating the site of a former ski resort near Greenville, which had brought tourists to the region until a chairlift malfunction in 2004 closed skiing on the upper part of the mountain.
In a statement, FAME says the new financing will help to develop a chairlift, base lodge, hotel and restaurant, conference center, marina and event center on the site.
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