Overview
- The purchase will be financed with revenue bonds backed by Eldora’s earnings, with no general-fund obligation, according to town officials.
- Trustees set a Jan. 20 meeting to vote on issuing the bonds as the next step toward closing, with U.S. Forest Service approval still required for federal land at the resort.
- POWDR will operate Eldora for the next two winters under a transition agreement before management shifts to the 303 Ski coalition.
- About 700 Eldora employees are expected to become municipal staff as operations transition to town oversight.
- Nederland plans to annex the mountain to collect sales tax—projected at up to roughly $2 million annually—and to establish land-use control.