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The Chip Board Archive 19

Cal Neva to be auctioned off on Apr 8

Interesting that it will be sold in two parts - California part will be sold in Roseville and the Nevada part in Reno...

RENO, Nev. -- (AP) - A Lake Tahoe casino once owned by Frank Sinatra is set to go up for a foreclosure sale April 8.

Because the Cal Neva Resort, Spa and Casino straddles the California-Nevada line, separate auctions that day in Reno and Roseville, Calif., are listed on the trustees notice.

The first is scheduled for 10 a.m. in Roseville, while the second is set for 11 a.m. in Reno.

The auction in either state could affect the other state's sale if a party bids the full or partial amount of the property.

Here is a link to the whole story...

http://www.sacbee.com/state_wire/story/1716633.html


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