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October 2002, Week 2


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"Jim B." <[log in to unmask]>
Reply To:
Vermont Skiing Discussion and Snow Reports <[log in to unmask]>
Tue, 8 Oct 2002 11:25:16 -0400
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On Tue, 8 Oct 2002 09:43:07 -0400, JOHN MCLAUGHLIN <[log in to unmask]>


"Bolton is already spinning off parts of its nearly 5,000 acres. The Green
Mountain Club is buying about 1,000 acres on ridge lines abutting the Mount
Mansfield State Forest, the bankruptcy papers show. The purchase price is
about $335,000, the court documents show.
Bolton also is selling about 144 acres near a radio tower to Silver Bow
Communications for about $225,000, the court papers indicate.
The land transactions are still subject to approval from a bankruptcy court

If these deals and others had gone through last fall when they were on the
table, Chapter 11 would most likely have been averted and I'd still be
working at BV.  Act 250 woes slowed several land deals to a standstill...

Hmmm, on 2nd thought, maybe that's not such a bad thing.  [Ah, angst:
stability in the corporate world, or doing what you love, making little,
and alienating your family with your working hours... I'm sure others on
the list have made similar choices in the past.]

I'm hopeful the deals gets done.  Last beta I acquired is that all lifts
are planned to be in operation this season.  I just hope the new owner has
a ton of operations guys and gals ready to go to do all the lift and trail
work needed between now and December...

Reeb league ho!

-Jim B.

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