lender Credit Suisse led by bankrupt Yellowstone Club founder Timothy Blixseth and his son Beau Blixseth who claim Tamarack's bankruptcy was caused by a "loan to own" scheme between the bank and resort developers. Re-opening The Tamarack Municipal Association reopened skiing at the resort on December 20, 2010. Funded by the association directly and the proceeds from lift ticket, season pass, and food service sales, Tamarack hired nearly 100 employees to staff five of the resort's seven chairlifts servicing 60% to 70% of the resort's skiable terrain. The "Wildwood Express" and "Buttercup/Whitewater" chairs did not operate, as they are currently the subject of a lawsuit by Bank of America. Operating on a Thursday-Sunday limited schedule, plus holidays Tamarack sold season pass and lift ticket sales starting at $46 for a single-day adult lift ticket and $199 for an unlimited adult season pass. Food service is available, serving traditional ski area fare. Limited fine dining is also available. $250,000 have already been contributed by homeowners and $1.5 million in ticket sales are expected in order to meet a $500,000 payroll. With season pass sales already started for the 2011–2012 ski season, the Tamarack Municipal Association plans on opening the resort on December 15, 2011. The "Wildwood Express" chairlift, installed in 2005 and last operated in 2009, was removed in June 2012. The ski operation lost nearly $300,000 during the 2011–12 season. In June 2016, Tamarack opened the Mountain Bike park with lift service on weekends. New Owner Tamarack Resort in Tamarack, Idaho has a new owner, with a deal set to close on November 30, 2018. The new ownership group hopes to get back to developing the resort after several years of stasis, with final build out of the long-stalled Village Plaza by 2019. Newly-formed company Tamarack Resort Holdings is owned by Imperium Blue, a joint venture between MMG Equity Partners, The Imperium Companies, and Blue River Family Offices. Imperium Blue currently or formerly owns or operates commercial property at a number of well-known resorts, including Whistler Blackcomb in British Columbia, Mammoth in California, Copper in Colorado, Snowshoe Mountain Resort in West Virginia, and Stratton Mountain Resort in Vermont. The new owners plan to reinstall the popular Wildwood Express ski lift that was repossessed by Bank of America in 2012. President Jon Reveal said the Wildwood Express ski lift is a priority for them as they work on finishing the partially