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Colonial Country Club going to sheriff's sale

By Eric Veronikis
7/2/2009 4:42 PM

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The Colonial Country Club in Lower Paxton Township will go up for sheriff's sale July 9, said Mary Jane Snyder, assistant chief deputy for the Dauphin County Sheriff's Department.

The club owner, listed as The Colonial Country Club of Harrisburg Pennsylvania, defaulted on a $3 million mortgage with M&T Bank, Snyder said. The sheriff's office moved forward with sale proceedings May 7.

The club continues to be in default with Lower Paxton Township-based Triple Crown Corp., which bought the mortgage from the bank, said Mark DiSanto, chief executive officer of the property. The actual debt the club owes on the property is more than $7 million, he said. Disanto and his brother John previously said in a statement they anticipate owning the property by July 7, two days before the sheriff's sale.

The sale starts at 10 a.m. in the Dauphin County Administration Building in Harrisburg. The club consists of a little more than 200 acres, Snyder said. The bidding will start at the sheriff's cost of advertising the sale, which is about $1,500, she said. The club will be the 206th property of 269 up for sale July 9.

The Harrisburg Mall will go up as the 107th property in the sale the same day, Snyder said.

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