Commerce Bank has foreclosed against Uniplace for default on Stadium Place Apartments and Paul Wertenberger Construction also filed against Uniplace. A representative of Paul Wertenberger made the bid of $1,000 during the sheriff’s sale Wednesday morning. The bid was accepted, allowing the company to construct the university’s housing project. Fort Hays general counsel Todd Powell says this housing will be slightly different than the apartments.
When the sheriff’s sale is held for the foreclosed apartments, Powell says the university will bid on the property.