Tamarack Resort could take a significant step toward a clearer financial picture Thursday when Idaho officials decide whether to transfer a ski area lease to a new company that emerged after a sheriff's bankruptcy sale last spring.
But first a majority of the five-member Idaho Land Board will have to be persuaded at the special meeting that Tamarack can afford about $278,000 annually to use the 2,100 acres of state-owned land the ski area is built on.
The lease represents one of the state's more lucrative deals.
Next year’s Bogus Basin season passes went on sale this week. For skiers who buy before Monday, $229 will get them unlimited access to the ski mountain next season. Alan Moore, executive director of the non-profit attraction north of Boise, says prices are staying at the same level as this year.
The 2013-2014 season has been mixed, Moore says. Like many ski hills in Idaho, Bogus had pretty thin snow for a while. But Moore says it’s also had a lot of sunny days that have drawn people out of the often hazy valley.
Originally published on Thu February 7, 2013 4:41 pm
DONNELLY, Idaho - The real estate crash triggered some big bankruptcies in the Northwest, but few are as spectacular and convoluted as the foreclosure of the unfinished Tamarack Resort in western Idaho. What was supposed to be the Northwest's newest destination resort remains in extended legal limbo, but plucky homeowners are keeping it alive until a new buyer arrives.
Southern Idaho ski areas are wrapping up their seasons. Bogus Basin and Sun Valley have closed their lifts. Brundage has one more weekend, possibly more, if the snow holds. This ski season has been a trying year for them.