From the Standard Examiner,
“They are looking for investors and partners who have the financial wherewithal and the expertise on how to develop a world-class resort,” Lisa Davis James said.
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Cache County Attorney George Daines for more than a year has pushed to examine the financial stability of the developers. He said he did not want Cache County left high and dry if the project fell through for lack of funds....
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“They told us the amount of money they had was not enough and that they were looking for more investors,” he said.
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Larry Zini, a member of the Valley Citizens for Responsible Development, said Powder Mountain’s continuing search for investors concerns him, especially since the planning commission has yet to vote on the rezone petition.
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“I’m a little surprised that they’ve been able to round up investors with the problems they have with the road to the resort,” he said.
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You may recall, Cache County Attorney Daines' earlier comments "...offended the owners deeply," and litigation has been threatened.
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The OVPC along with Weber County Planning Staff have put in significant time and effort to create conditions for approval, but we at the forum urge them to DENY the request - quite simply, there are too many obstacles and unknowns. Send them back to Cache County for another spin of the roulette wheel. Better yet, send them to Germany via Deutsche Bank.
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Not only is the rezone fraught with problems, but the process for public input is too. Many tried in vein to submit comments to the OVPC via email, only to find their emails had been returned. Alternative addresses were made available after the deadline, but we are not sure that the comments ever made it to the hands of the Commissioners.
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We also read yesterday that Powder Mountain was the only resort in the state that was still not open. How long until they install snow making equipment and what effect will that have on the watershed?
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Be sure to attend the meeting Monday evening at 4:30 PM at the Weber County Commission Chambers.
There are many other important items on the Monday agenda, so don't lose focus. There are several items up for a public hearing and the previously mentioned request for amendments to the Edgewater Beach Resort.
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From Friday's Salt Lake Tribune, we read that a Single Weber County resident shows to rail against tax hike for the Weber County Budget. That resident was Huntsville's D-Bell, founder of Utah Wingmen for Property Tax Reform.
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It appears apathy to the Property tax increase has set in, although we at the forum will take some of the blame for overlooking and failing to publicize the Public Hearing. Please assist us in the future by tipping us off to any important or news worthy events and meetings. Our email address is in the top left column.
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That's all for now - see you Monday Night.
