Wednesday, May 24, 2017

Port Of North Dakota -- In Default -- Minot Daily News -- May 24, 2017

Link here.
Minot’s intermodal facility is in default, and its lender is asking the court in a foreclosure proceeding for the right to sell property to collect on its debt.

The city owns the property, which is leased to North Dakota Port Services.

The mortgage, held by First Western Bank, was created in March 2013 to secure $10 million in loans.
Although it was much more than this, DAPL certainly comes to mind.

This was posted back in 2012.

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