good afternoon thanks for joining us we begin with breaking news about the Schlitterbahn River Park and resort it has been sold at an auction Chris six news reporter Jane Caffrey has details the day is finally here the Schlitterbahn waterpark has been sold at a public auction the park was bought back by IBC bank for twenty million dollars based on outstanding loans IBC had granted Schlitterbahn it was up for auction for 30 million a representative for IBC made the bid he tells us the bank will be coming out with a statement at a later date access capital was at the auction to observe that’s another bank that had granted loans to Schlitterbahn and recently bought property back a legal rep for the city and several Padre Island landowners were also present we’ll have more details about this sale and what it means for Padre Island tonight on Chris knows