Nederland Officials Seek State Help to Keep Town's Eldora Deal Alive

Nederland seeks $20M in donations to complete Eldora Mountain Resort purchase

Colorado mountain town of Nederland says it needs $20M in donations to complete its $120 million purchase of Eldora ski resort.

Nederland officials seek state help to keep town's Eldora deal alive

Nederland town officials urgently sought state funding to close a financing gap on the $120 million Eldora acquisition, emails show.

Nederland officials seeks state help to keep town's Eldora deal alive

Newly obtained emails show Nederland officials begging for forgiveness while asking for state funds to buy the ski area. "We thought we would have more time."

Nederland tries to salvage Eldora deal

Months after Nederland leaders anticipated the town’s acquisition of Eldora Mountain to close, the deal remains in limbo as officials scramble to restructure the ski-area purchase to assuage prospective bondholder concerns.

Colorado town's bond-financed ski resort purchase stalls

Nederland officials said they are still pursuing the issuance of revenue bonds to buy the Eldora Mountain Resort, as well as funding for capital improvements.

Nederland says it’s $20M short in planned purchase of Eldora ski area

Ski runs named after donors? The tiny mountain town wants philanthropic dollars to assuage the concerns of prospective bondholders.