Trouble for Missoula Ballpark Transfer?

Four of the 19 private individuals who signed guarantees for Play Ball Missoula (PBM) to secure a $1.9 million loan from First Security Bank to help fund the building of Ogren Park, home of the Rookie-level Missoula Osprey (Pioneer League), are balking at paying more than $500k to the bank after the loan went into default.  This has stalled the transfer of the ballpark to the city.  The four guarantors claim they were misled into signing the documents by PBM’s chairman.  Read more here.

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Filed under Lease & Contracts, Legal, Money & Financials, Stadium Issues

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