The ski area's current owner is fighting a state lawsuit, and prospective developers say they no longer have a clear path for acquiring the site to begin construction.
An application for bonds that would raise $135 million to develop a ski resort on Moosehead Lake will go before a Finance Authority of Maine public hearing Monday.
Provident Group-Moosehead Lake L3C plans the resort for Big Moose Township, which is in the unorganized territory, about six miles north of Greenville, at the site of a once-thriving resort now run by a nonprofit as a small ski area. The L3C is the development team of Provident Resources Group, of Baton Rouge, La., in partnership with Big Lake Development LLC and Treadwell Franklin Inc., headed by Perry Williams, who lives in Louisiana and Spruce Head.