Overview
- Trustees voted unanimously to authorize the purchase, but closing still requires bond issuance, regulatory sign-offs including U.S. Forest Service approval, and a Jan. 20 bond authorization vote.
- Town officials say the revenue bonds will be backed solely by resort income, with no obligation for residents or the municipal general fund.
- POWDR will continue operating Eldora for about two winters during the transition, after which the Front Range coalition 303 Ski is slated to manage the mountain.
- Nederland intends to annex the ski area to collect sales tax revenue—estimated at up to about $2 million annually—and to gain land-use control.
- Roughly 700 Eldora employees are expected to become municipal staff, and a POWDR spokesperson says the resort remains on the Ikon Pass for now.