Owners default on loan, Fun Mountain for sale
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Hey there, time traveller!
This article was published 24/11/2021 (264 days ago), so information in it may no longer be current.
There’s little fun to be had at Fun Mountain Water Park after the owners defaulted on their loan and the property has been put up for sale.
The Springfield, Man. waterslide park is listed for $1.2 million online. Its 45 acres have been available on REALTOR.ca for a week, according to the website.
Fun Mountain has been closed for two summers due to pandemic-era restrictions. This July, the Business Development Bank of Canada filed an affidavit outlining how the company wasn’t paying off its loan, which sat at $851,463.42 on July 23.
BDC then acted to sell the property, according to the affidavit; it was legally entitled to do so. Tanya Hall, Fun Mountain’s former owner, refused solicitors access to the site.
“I’m advised… and do verily believe that despite oral requests for access to the property, Tanya Hall… continues to refuse access to the property,” Sundeep Sihota wrote on behalf of BDC in the July 29 affidavit.
“As a result BDC (sic) has lost confidence in the defendants (Hall and her husband, Darius Hall).”
Sihota called for Grant Thornton LLP, an accounting and business advisory firm, to become receiver, taking over the assets and undertakings of Fun Mountain’s property.
Court appointed Grant Thornton as receiver on Sept. 9. Nathan Bell, the insolvency trustee overseeing the case, declined an interview request on Tuesday.
Tanya Hall didn’t grant a phone interview but sent a written statement. She didn’t mention insolvency.
“COVID woke me up to how much our lives revolve negatively around money and politics,” she wrote. “My conscience now doesn’t permit me to involve myself with either. There are consequences to following ones (sic) conscience rather than ones (sic) bank account.”
Hall has spoken out against pandemic-era restrictions and COVID-19 vaccines. She’s attended anti-lockdown rallies and used Fun Mountain’s social media channels to spread misinformation.
Fun Mountain is the province’s biggest water park. In addition to 10 waterslides, it has mini-golf, bumper boats, pools, a restaurant and bar.
The Halls bought Fun Mountain in 2010. The park was constructed in 1983 for $2 million.
Gabby is a big fan of people, writing and learning. She graduated from Red River College’s Creative Communications program in the spring of 2020.
Updated on Wednesday, November 24, 2021 6:32 AM CST: Adds photo