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Show Park Record Thursday, April 23, 1992 Page A15 QmmmMts Sunnmiimnfltt Til- QUctter 1 4.! "Tr r-v. Wfni MI i "" . Telluride to build new gondola near town base Telluride has once again defied the odds. At a time when the financial markets are making real estate financing extremely difficult to obtain for 'most land developers or even home buyers, the Telluride Mountain Village scored big last week. The 'Mountain Village Metropolitan District-one of the resort development's governing arms-closed on 'approximately $9 million in tax exempt bonds for the construction of a long-awaited gondola that is intended to connect the historic town of Telluride with the burgeoning Mountain Village. - The financing deal took 11 months to complete, and culminated in a two-day pow-wow in Denver where -numerous lawyers, investment bankers and Mountain Village officials gathered to sign the closing documents. "Thank God it's over," said Tom Fulton, Mountain Village Resort Co. general manager, noting that more than 78 documents needed signatures at closing. "We're really excited about it. This creates the final leg in ' our crown jewels up here-the ski area, the golf course and now the gondola." The fact that Mountain Village could secure such a large financing deal in these perilous economic times speaks highly of Telluride's position in the marketplace, said Ron Allred, Telluride Co. president. "The only Reason we were able to get this financing is because of what's happening in Telluride. We're a small pocket of 'prosperity in the country. Our real estate economy is going against the grain, and we are getting more and "more visitors all the time. We're expecting a 20 percent increase in skier visits this year, at the time when the nation is in a recession. Our national exposure has helped us in becoming the 'in' spot in the country as far as mountain resorts go." lackson Hole Guide Recycling plan advances in Jackson inches. For the same period last year, a total of 207.5 inches was recorded in the town. 'That just shows you, we had excellent snow in both years and that's what it takes to have a decent ski year," explained National Weather Observer Bill Mahoney, Sr. He emphasized that a good snow year can almost always be guaranteed if snow is abundant in the fall and early winter. "You have to have a total of 60 inches " The proposal for a new recycling center that could by Christmas," he said. "It's important to have good ' require an additional property tax levy includes snow in October, November and December." ' neighborhood drop sites and a high-tech baler to make Helped by record snow in November 1991, Telluride .materials market-ready and more profitable. had accumulated 101 inches by New Year's, which , The plan currently advanced by Jackson Community helped make up for a mid-winter drought. "It was :Recycling has a cost estimated at anywhere from getting a little scary there in January," recalled ,$635,000 to $1.2 million and would be built on the Mahoney. "We went for almost 30 days without any ,county's industrial land east of Rafter-J. Property snow. The snow came right when we needed iL" owners would not pay that amount in taxes initially, .however. Rather, they would supply about $138,000 annually to finance a loan for construction. The Teton .County Commissioners are considering placing such a : tax on the general election ballot this fail. The tax would go to a solid-waste-disposal district, 'and not just for recycling. The center's lease with the Teton County School District ends in 1993, and director Ellen Fales said she has learned any extension of that lease may not run beyond the summer of 1995. The written proposal calls for large steel bins with separate compartments for the various recyclables. It has become de rigueur in America for the citizenry Fales said they would be placed in neighborhoods arid to show disdain for the political status quo. Taking on.. at major retailing centers. The plan is to start with six the powers that be has become a popular grassroots bins and add more as possible, she said. The center itself movement, irom coast to coast. the aspen times Power struggle in Snowmass would continue to act as a drop site. i The Friends of Burnt Mountain in Snowmass could fit that national trend. They're fed up with what they say is a town government that serves the special interests of developers, rather than the needs of the people. The Friends are challenging the establishment and a land-use process they don't believe works for the long-term benefit of the community. By casting themselves as dissidents, the Friends hope to score big in a town election among citizens disillusioned with mainstream politics and the established "process." The Friends say they want to give democracy back to the people and let citizens vote on what could be the Although the Telluride Ski Resort just ended a record town's most critical development package East year for drawing visitors, it was just slightly above Village and the proposed Burnt Mountain base area. ' average as far as snowfall totals are concerned. "Seven individuals (on the Snowmass Town Council) Total snowfall in the town of Telluride showed that should not have the ability to determine our future as a '212.5 inches had fallen by March 31. Based on 20-year resort," said Friends leader Jack Hatfield at a records coinciding with the opening of the ski area, this Snowmass meeting last August. "The public should 'figure is slightly above the winter average of 192.8 ultimately have a say." Snowfall above average in Telluride -.0 JUL Tracks to Ciseros Patio Lunch Serving fresh pasfa, sandwiches, salads and seafood specialties. Open 1130-3:00 Vaily CISERO'S CLUB 106 Main Street 6H9-6S00 A private club for the benefit of members 9 Playina Friday & Saturday m & DANGEROUS rr- n n Ein3 LOG HOME WITH GREAT POTENTIAL $96,000 4 bedrooms 2 baths 3,200 sq. ft. KathyMears 649-9200,649-7129 GREAT HOME, VIEWS, GARAGE W APARTMENT POTENTIAL $92,900 3 bedrooms 1 bath 1,511 sq. ft. Jeff Whiting 649-9200,649-7628 CONSTRUCTION TO BEGIN IN MARCH $121,900 3 bedrooms 2 baths 2,000 sq. ft. Ron Libitsky 649-9200, 649-8189 i . i i n 1 tsu:.'inr.,'iti .Mi:rlttt..n U- VERY NICE UPSTAIRS UNIT $35,500 studio unit 1 bath 358 sq. ft. 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