British Artist Simon Beck Creates Snow Art At Powder Mountain

British Artist Simon is currently in residency for nine days at Summit - Powder Mountain creating snow art.

To learn more and to see more amazing photos, visit the Standard Examiner and read:

Thousands of steps create snow murals on Powder Mountain

Photo from Standard Examiner by Marshall Birnbaum

Summit seeking input on Wolf Barn area

Guest post from Summit

To whom it may concern: 

I am hoping you can post the below announcement from Summit Powder Mountain. 

Please let us know what you would like done with the "Wolf Barn area" by submitting your suggestion via this link. 

We would like to establish a board of five individuals to sort through our communities suggestions and determine the best plan of action. Three of the five individuals we would love to be from the Ogden Valley Community. If you would like to be considered for this board please submit your name and qualifications to kimber@summit.co or call 801-389-5077 by Saturday, October 31. We will then have the Ogden Valley Community vote for the best individual(s) to represent them for this matter the week of November 2. 

Thanks!

-- 

Kimber A. Brady

Operations Specialist
Summit Powder Mountain

c. 801.389.5077

Summit Powder Mountain

Powder Mountain Ski Resort

Summit Series

Summit Sucks...Water

Our apologies to our faithful readers as we have had a busy summer of travel and have neglected some important Ogden Valley events and issues.  We will strive in the coming weeks and months to catch up.

There has been much on the Summit Water front.  In mid-August, Mark Saal penned this article in the Standard:

'Summit Sucks Water' signs spring up again for balloon festival

In response, Eden resident and advocate Lee Schussman offered this well thought out rebuttal:

Dear Mr Saal, 

Thank you for reporting on the growing divisiveness in the Ogden Valley over Summit’s water exchange application and the processes surrounding that application. (Ogden Standard, August 16, 2015).

Please dig deeper into this issue. Doing so, I think you will find why valley residents are still concerned, confused, and frustrated by both Summit’s actions and the entire process.

As you well know, Summit owns water in Pineview and wants to move the point of diversion to Powder Mountain—a diversion point that will actually use Cache County water and may decrease flows in Wolf Creek by about 25%.

1) Regarding Summit’s using water that would normally flow to Cache Valley (in which drainage Summit holds NO water rights):

Page 2 of the Order of the State Engineer states that, at Summit’s “anticipated flow rate 30% is a reasonable estimate of the water diverted that would naturally be tributary to the Cache Valley drainage.”

Page 3 states, “It is unlikely that there are and will be any significant periods of time where a diversion of water form the applicant’s proposed source(s) will not interfere with an existing right on the Bear River.”

“Any diversion of water from the applicant’s proposed underground points of diversion must include some compensating mechanism to the Cache Valley tributary drainage. … compensation could include releasing 30% of the water pumped from the Hidden Lake Well to the Cache Valley drainage or pumping at times when all rights on the Bear River and its tributaries downstream of the points of diversion are fully satisfied.” 

These rulings by the State Engineer do not seem to give Summit the green light to use the water as they claim.

 2) Regarding the concerns on the Ogden Valley side of the drainage:

Page 4 of the Order of the State Engineer states, “if interference will occur with any of the Weber County protestants, it will manifest itself first in the flows of Wolf Creek,” and

“no diversion of water should be made under the subject exchange during times of the year when WCIC [Wolf Creek Irrigation Company] water rights are not being fully satisfied. WCIC owns Water Right Number 35-7188 which has a priority date of 1861.”

The Order goes on to describe an incredibly complex process under which Summit could use Wolf Creek water:

“The Ogden River Decree provides [to WCIC] a high flow rate of 20.0 cfs and a low flow rate of 9.85 cfs for this right.”  “No water shall be diverted under this exchange if the above identified flows are not available at that intake.”  However, if WCIC can not show that it puts every gallon of that water to “beneficial use,” Summit can pump an amount equal to that unused water out of its wells at Powder Mountain without being “required to mitigate or compensate senior water right holders for water they divert but allow to pass through their system without use to Pineview.” “The Ogden River Commissioner is responsible to determine the amount of water that may be diverted.”

Many of us do not even know in which branch of our government the Ogden River Commissioner is located, let alone who that individual is. And it appears to us that he/she is the person who will decide how much water Summit may pump! 

And how will the Commissioner decide how much water Summit may pump? We are very unsure, but we do know that all those pumping processes will be monitored by whom?

Page 5 of the application: “The applicant(s) [Summit] shall install and maintain measuring and totalizing recording devices to meter all water diverted from all sources pertaining to this application and shall annually report this data to the Division of Water Rights Water Use Program.”

Summit is actively selling properties to individuals who are being told there are no water problems. (Hence the signs in the valley.) It is our understanding that the State Department of Environmental Quality Division of Drinking Water (which previously requested that Weber County NOT issue Powder Mountain building permits until Summit could supply proof that it actually had the water) can only approve the granting of building permits when YEAR-ROUND water is available. Can Summit then proceed to get building permits now when the State Engineer has put restrictions on the amounts and timing of the pumping at Powder Mountain?

Mr. Paul Strange has oft stated, “We have a right to the water we purchased with our land.”  No one can dispute that statement. However, the water that Summit owns is located in Pineview; and they are trying to leverage their investment in that water to gain immensely more valuable water resources -- pristine water located at Powder Mountain. That water already belongs to other citizens.

With Brad Peterson (Director of Outdoor Recreation for the State of Utah) working hard with Summit and putting pressure on the State Water Engineer; with Commissioner Bell (as the Chair of the Powder Mountain Water District) on record as being able to supply Summit with water; with Summit itself in charge of monitoring water use and reporting once a year; with a separate agency (the Ogden River Commissioner) responsible to tell us how much water Summit can have; with Summit sales reps telling prospective buyers that there are no water problems; with another state agency (Department of Environmental Quality Division of Drinking Water) demanding Summit not be issued building permits for those same Summit buyers; and with all of the water users dependent on the Wolf Creek drainage; is it any wonder that valley residents are concerned, frustrated, divided.

Thank you for your interest in this critical issue. Water is a limited resource. It is our opinion that it should also be A LIMITING resource. Our situation is a microcosm of water rights and water shortages all over the western US where developers continue to speculate that there may be enough water in the face of obvious limitations of that resource. As those processes continue, we will continue to run a “debt economy” –trading a long term water debt borne by all the community for a short term economic gain accruing to the developer--just as other areas and other states in the west have done for so long.  We can do better than that by responsibly developing and using water that IS available—in Pineview--and not giving away underground water, the amount of which is certainly limited and in much debate.

The battle of signs many of us are waging may seem  entertaining and humorous, but it an attempt to call attention to an extremely important issue that should be a core determinant in the growth of this entire area.

Please investigate and write more.

Thank you,

Lee Schussman

Eden, Utah

CC: Cathy McKitrick, Ogden Valley News, Ogden Valley Forum, GEM group. Ron Tymcio, Ogden Standard Editorials

What say ye our Ogden Valley faithful??

Summit gets conditional OK to use Hidden Lake Well water

From the Standard Examiner

EDEN — Utah’s chief water rights engineer gave guarded approval Friday to Summit’s exchange request to tap 400 acre-feet of water for its Powder Mountain real estate development.

Kent Jones, state engineer for Utah’s Division of Water Rights, issued the eight-page ruling after an extended protest period where senior water right holders in Weber and Cache counties voiced concerns over potential impairment to their supplies.

The approval includes a dozen complex conditions with which Summit must comply, making it unclear whether the ruling represents a green, yellow or red light for the aspiring mountaintop developer.

Click here to read the expanded story.

Standard-Examiner Editorial: Our View: Make Peace in Ogden Valley Water War

Our good friend Rudi at the Weber County Forum has had our Ogden Valley backs and offered this compilation of the water war that Summit and many residents of Ogden Valley are involved in.

Due to the importance of the issue, we are including his latest Sunday morning extravaganza, complete with links to many recent Standard Examiner articles, editorials and letters to the editor.

Interestingly, while Summit is embattled in an "Uncivil War" in the local media, they seem to be the darling of the National stage as illustrated in this April 10, 2015 New York Times article.
The Ski Resort That Crowdsourcing Built
The New York times certainly paints a different light on our neighbors to the North.

Enjoy Rudi's Sunday morning post in its entirety:

Standard-Examiner Editorial: Our View: Make Peace in Ogden Valley Water War

In the interest of kicking off a bit of possible WCF discussion this morning, we'll highlight this morning's Standard-Examiner editorial, calling for a "truce" in a percipient "water war" which has been  brewing in Ogden Valley over the course of the past year:

• Our View: Make peace in Ogden Valley water war

For the benefit of those who haven't been following this story, we'll provide these background stories and letters to the editor, just to add some historical perspective into what's fast developing into what we'll label the"Ogden Valley Water War":

• Water experts take jabs at each other over Summit's Hidden Lake Well
• Summit threatens Wolf Creek sewer district with eviction
• Summit showing its true colors
• Summit water exchange should be denied

This morning's editorial advocates the following proposed solution: 

We think for the sake of the entire valley, a compromise should be reached that involves a direct transfer of water from Pineview to Powder Mountain. Yes, we are talking about a pipeline. But that doesn’t mean Summit should bear all the responsibility of paying for such a pipeline.
If Jones decides to grant the well application, it should be done on a temporary basis so that all the stakeholders could be brought together to discuss a central water distribution system that serves everyone. Forming a compact, similar to the states using Colorado River water may be the best solution, with one system in Ogden Valley to distribute the water all entities are entitled to.
The springs and streams would then be free to flow into the reservoir, or the watershed in Cache County.
We understand water distribution systems can be expensive, but we feel it is time for such a solution. Let the peace talks begin.

We'll leave it up our gentle readers (especially those who reside in Ogden Valley) to explain whether this is a good idea (or not).

Don't let the cat get your tongues, O Gentle Ones.

And yes, we'll be keeping an "Eagle Eye" on this story as it develops.

Music In The Mountains July 26th

Summit & Powder Mountain: Winter Has Arrived

Powder Mountain has officially opened for the season and the Summit Team sent out this email announcement.  Pay particular attention to the link below for an article in this month's issue of Ski Magazine.

Ski Magazine article

Here is the email:

Hi,

As the snow begins to fall on the mountains here in Eden, Utah, winter is finally upon us, and we couldn't be more excited for what this season will bring.

This winter marks Summit's inaugural year as the proud owners of Powder Mountain, and we are thrilled to announce that as of yesterday, the mountain is officially open for the season!

It's been an extraordinary year. We've made great progress designing our future village, building roads, infrastructure, and a stunning, mountain-top lodge.  We've also closed a county-backed $18 million infrastructure bond which supports the development of Summit's permanent home.

Most recently, we saw SKI Magazine publish an eight-page cover story on the project in its December issue, on stands now. You can read the full article here.  Also, Outside Television shot the winter season of its popular morning show, Outside Today, atop Powder Mountain at the newly constructed Skylodge. You can find a teaser here.

Lastly, all of us here at Summit truly believe that wintertime in Eden is one of the most beautiful places we've ever experienced, and we want to be able to share this spectacular place with you. We would love for you to join us this winter to experience Powder Mountain for yourself.  You can plan your trip, book your lodging, and purchase your ski tickets, cat tours, and ski lessons all directly through www.powdermountain.com, or reach out to one of us on the Summit Team for more information.

We hope to see you on the mountain this winter!

-The Summit Team

More on Summit Outside from an Eyewitness

Guest post by Brad

Note: This was originally posted as a comment to our post: Summit Series Descends On Ogden Valley  We thought it was important enough for the front page.  Thanks to our humble reader, Brad, for sharing his insight.

I’m not quite sure where to begin with my thoughts on “Summit Outside”. The folks from Summit Series obviously own Powder Mountain, and they can now do pretty much whatever they wish with the land. But I hope and pray that their actions will match their list of supposedly altruistic objectives – particularly when it comes to environmental awareness.

I hiked up to Mary’s Bowl just before the event began. From what I saw, it seems this group is much more interested in throwing epic parties than being stewards of the land. I realize it is impossible to hold such an event without leaving at least some mark on the mountain, but the magnitude of the operation and its impact on the ecosystem was simply unnecessary. They could have easily accommodated and impressed the Summit Outside attendees with a much more minimalistic approach. The number of paths (both vehicular and pedestrian) crisscrossing the event site, the number of people trampling virgin meadows located nowhere near the site (far away from the many new paths Summit had already created), the sickening number and size of cars, trucks, RVs, 4X4s, trailers, golf carts shaped like Alice-in-Wonderland ladybugs with speakers blaring music, the ridiculous quantity of materials used to build tent platforms, lounge areas, bars, and outdoor “DJ/dance” stages, and the absurd number of cheap camping-related “souvenirs” for each and every attendee (most of which will probably land in the dumpster). Not to mention the dozens of portable structures dragged onto the site for kitchens, dining halls, bathrooms, showers, and the main performance stage.

It was surreal to see this level of activity in a beautiful area that I (and my family) have hiked and enjoyed for decades. Probably the most ridiculous and unnecessary features were the strings of light bulbs and fluorescent tubes (powered by multiple gasoline-powered generators) hanging from the branches of a beautiful grove of young aspen trees, and a wading pool dug into a slope next to the main stage (landscaped with sod, flowers and a large foot bridge). The list goes on and on and on.

You can see much of what I've described in the aerial photos posted on the Standard-Examiner website. One of the Summit Outside promotional brochures (which can be found at http://www.estherperel.com/wp-... invites attendees to “return to nature”. The brochure includes pictures of the interior of the tents used for their “glamping” (luxury camping on a grand scale). It is absolutely AMAZING to me that a group like this cannot figure out a way to connect with nature without destroying it, or without at least making a reasonable effort to minimize their impact on the land. I’m even more amazed by the way the local media has reported on this event. Check out the July 21st Standard-Examiner article written by Jesus Lopez, Jr. (Powder Mountain’s Summit Outside pampers those seeking positive change). The article quotes Renee Loux, co-founder of skin care company Andalou Naturals, as stating: “I’m utterly impressed with the infrastructure they have and how light a footprint it is. The respect of the landscape and the detail is really commendable.” Seriously?? Did Mr. Lopez even walk the site so he could make his own observations? Or did he simply quote the words of a person who is likely one of the major investors in the Summit Series development?

Again, I realize that Summit now owns the mountain, and valley residents will have virtually no say in what they will do with that beautiful land. But we also need to recognize that this is a very wealthy and influential group of young people with ZERO experience developing a pristine and complex ecosystem. They will likely do some things right, but they will also make their share of mistakes.

The residents of this valley need to politely but persistently remind the folks from Summit that the manner in which they manage and develop Powder Mountain will have a DIRECT impact on the quality of our lives – particularly when it comes to the amount of traffic making its way through the valley, and the impact of their development on our local watershed. I truly hope someone from Summit will read this post and perhaps even respond. If the Summit Outside event is a sign of things
 to come, we all have plenty of reasons to be concerned.

Potential For Incremental Tax Revenue To Be Plowed Back Into Powder Mountain?

Guest Post by Ron Gleason

I am wondering how many of you have read this article http://www.sltrib.com/sltrib/news/56274750-78/development-mountain-summit-tax.html.csp or attended the County Commissioners on May 7, 2013, minutes here http://www.co.weber.ut.us/commission/view_minutes.php?minute_id=643&id=1, and can weigh in on specifics.

The Commission minutes are vague but the SL Trib article makes it sound like there is the potential for the incremental tax revenue generated by the development on PM could be plowed right back into PM with little to no benefit to Weber County citizens.

Some information on Community Development Area(s) can be found at

http://www.utahredevelopment.org/Documents/AreaCreationProcess.pdf

Thanks in advance

Love Your Brain - Brain injury awareness presented by Summit and Powder Mountain.

Add caption

What: Free showing of "The Crash Reel", a documentary about snowboarder Kevin Pearce's recovery from a devastating brain injury. The film opened Sundance this year and is directed by two-time Academy Award nominee Lucy Walker.

When: Wednesday, March 13, 7pm.

Where: Pineview Lodge, Eden.

Why: This March, Summit and Powder Mountain will be promoting a brain injury awareness campaign called Love Your Brain, in partnership with snowboarder Kevin Pearce. Kevin was one of the world's top snowboarders until he suffered a devastating brain injury in the half pipe. Helmets greatly reduce the potential for brain injuries on the slopes. In addition to the film showing, on March 29-31 Powder Mountain will offer a $10 discount to anyone who is wearing a helmet and March 30, Kevin Pearce and the FRENDS crew will be hosting a rail jam at Sundown lift.

Summit To Present Their Phase 1 PRUD Plans For Powder Mountain to Weber Planning Commission

The Summit Group will be presenting their Planned Residential Unit Development (PRUD) to the Weber County Planning Commission on Tuesday, February 26, 2013.

Here are the details:

February 26^th  @ 5:00
Weber County Commission Chambers 
2380 Washington Boulevard
Ogden, UT 84401, USA

Click here to view the agenda

Click here to download the commission packet (large file which may take some time to download).

Here is an excerpt from the agenda:

• 3.1 Administrative Items
  • a. New Business
    • 1. CUP 2013-03 Consideration and action on an administrative application, Summit at Powder Mountain Phase 1, consisting of a 141 unit Planned Residential Unit Development (PRUD) located at Powder Mountain, Western America Holding LLC, Applicant, Russ Watts (Summit Eden), Agent

• • • 2. CUP 2013-01 Consideration and action on an administrative application regarding a Conditional Use Permit request for an agri-tourism operation located at approximately 465 North and 9000 East, Patricia Dickens/Kelley Creek Farm, Applicant

• • • 3. CUP 2013-05 Consideration and action on an administrative application regarding a Conditional Use Permit request for an agri-tourism operation located at approximately 6949 East 1900 North, Juan and Ingrid Sanchez/Renaissance Farms, Applicant 

Summit To Host Townhall Meeting Regarding Their Planned Residential Unit Development (PRUD) Application

An open notice from The Summit Group

Dear friends and neighbors,

It's been an exciting few months and we're happy to announce that we'll be submitting our Planned Residential Unit Development application to the county at the end of February.

In an effort to keep the valley community informed and engaged we're happy to announce a town hall meeting on the PRUD application and Summit's plans for Powder Mountain. Please come join us, we're looking forward to offering an overview of the plan and addressing questions and comments.

Day: February 13, 2013
Time: 6:30pm
Location: 3900 N Wolf Creek Dr, Eden, UT (right past Harley & Bucks)

The Summit Group

Summit Group Hosts Town Hall Meeting

The Summit Group, the new managers and future owners of Powder Mountain, hosted a town hall meeting for the community on December 6, 2012.

We will overview some of the highlights below:

• Powder town (aka Powderville) is dead.  The petition to incorporate and subsequent lawsuits have been dropped.
• They have purchased several parcels during the Wolf Creek bankruptcy sale, of which a 1500 acre will remain open space.
• The previous owners had mentioned 10,000, 5,000 and 3,000 homes with golf courses and 19 lifts.  Summit feels those numbers are excessive.
• Phase one will consist of 500 smaller (4,000 sq. ft.) single family homes south of the Hidden Lake parking lot.
• They plan to preserve the existing terrain and the number of lifts will remain roughly status quo.
• They own the Wolf Barn and 80 surrounding acres.  They plan to use it for resort base parking during the ski season, then reseed and use as a public park in the off season.  Possibly soccer fields.
• They hope to revive the Balloon Festival.
• After phase one, they hope to redone much of the 10,000 acres as TR-1 - Resort Zone.
• Last year, there were 139,000 skier days at Powder Mountain.

What is your impression of our new neighbors?  

Who will be the first to opine?

Weber County Commissioners Consider Action on Rezone Request at Powder Mountain November 13

Guest Post by Shanna Francis

The Weber county Commission will consider action on a rezone request at Powder Mountain on Tuesday, November 13 at 10:00 a.m. in the Commission Chambers located in the Weber Center, 2380 Washington Blvd. in Ogden. 

The rezone petition is being requested by Steven H. Nielsen II (Pronaia Capital) representing Western America Holding, LLC, which is requesting a rezone to approximately 4,297 acres located at Powder Mountain Resort from Forest Residential-3 (FR-3), Forest Valley-3 (FV-3), Commercial Valley Resort Recreation-1 (CVR-1), and Forest-40 (F-40) to FV-3, CVR-1, and F-40.  In addition, they will consider a Zoning Development Agreement between Weber County and Western America Holding, LLC as part of Zoning Petition 2006-18

A staff report on the Weber County web site, found at https://miradi.co.weber.ut.us/projects/view/511_Powder provides a brief background to the petition and states the following:

“On June 1, 2010, a Memorandum of Understanding (MOU) between Weber County and Western America Holding, LLC was approved as a precursor to a formal Zoning Development Agreement between the parties regarding development at Powder Mountain Resort.  The MOU promoted the creation of a Development Agreement that would establish the basic development parameters for Powder Mountain and cause the withdrawal of the Powder Mountain Town Incorporation Petition and litigation associated therewith.  Negotiations on the Development Agreement began soon after the MOU was approved and have continued until the parties recently reached an agreement.  The agreement has been patterned after the County’s development agreement with Snowbasin Resort.

“One of the main reasons that the Development Agreement has taken so long to finalize is that Western America Holding, LLC Began negotiating the sale of Powder Mountain Resort during the Development negotiations.  The potential buyers needed additional time to review the agreement and the negotiation process slowed down to accommodate this.  The Planning Division, County legal counsel, and Western America Holding, LLC have now agreed in principle to the October 29 draft of the Development Agreement.

“Each section of the MOU is addressed in the development agreement as are many of the principles that make up the Ogden Valley Planning Commission’s 19 conditions recommended in 2007.  The County worked hard to incorporate these principles into the Development Agreement and the only conditions not addressed in some form are the number of limitations on hotel and commercial development, and the commencement of development with a multi-family/commercial village. . . a public hearing is not required to take action on this Development Agreement.

“If the Agreement is signed by both parties, all pending litigation will be dismissed, and Western America Holding, LLC shall immediately withdraw the Powder Mountain Town Incorporation Petition that had been stalled.  The county will then rezone the property as described in the application request (visit Weber County’s web site to read a copy).  This Agreement will then supersede the MOU.  If any amendments are sought by either party, they must go before the Planning Commission for a public hearing.”

The approval of a request to rezone the resort to a Destination and Recreation Resort Zone (DDR-1) would require the approval of a new Development Agreement where the developer would need to show that the resort can meet the rezone application requirements.

The Weber County Planning Commission is recommending approval of the Zoning Development Agreement.  The Agreement is based on the provisions of the MOU and takes into account most of the Ogden Valley Planning Commission’s earlier mandated 19 conditions.

"BetaBeat" reports: "Sources: Yep, Summit Series Just Raised $40 Million to Buy That Mountain"

BetaBeat, The Lowdown On High Tech website is reporting,

Two sources have confirmed to Betabeat that Summit Series–the haute entrepreneurship conference attended by high-net-worth types like Peter Thiel, Evan Williams, Richard Branson, Chris Sacca, Sam Lessin, and Dave Morin–has raised $40 million to purchase a mountain. No, we did not take any drugs today. As Business Insider reported last week, the organizers behind Summit Series, which Forbes dubbed, “The Hipper Davos,” were trying to raise money to acquire “some permanent space“  in order to “re-create a culture year-round for innovation, entrepreneurship and kindness.”

Our readers will remember the story we broke in mid February after hearing numerous rumors from strong sources that Powder Mountain was in play.  The BetaBeat article goes on to say:

One of our sources said that Summit Series, which is based in Malibu, purchased Powder Mountain resort in Utah. That was the same mountain named in the organization’s pitch to raise funds, which was leaked to Business Insider, who also reported an unconfirmed $40 million price tag.

Reached by phone, Thayer Walker, Summit Series chief reconnaissance officer, would not confirm that the mountain had been purchased.  “I don’t really have anything to say about that unfortunately,” said Mr. Walker, adding, “At this point, there’s a lot of rumor, hearsay most of it.” We gave Mr. Walker the opportunity to refute that the deal had closed or the price tag, but he declined to deny it, saying Summit Series wasn’t yet ready to talk.
Powder Mountain did not immediately return a request for comment, but we will update you when we hear back.

Read the entire article here: 
Sources: Yep, Summit Series Just Raised $40 Million to Buy That Mountain

Are big changes in store for little ole' Ogden Valley?  We'd say they are already taking place.

Click here to read our previous posts about the suspected purchase.

Interest in Purchasing Powder Mountain by California Company Confirmed in This Morning's Standard Examiner

The story we broke on February 16, 2012, is discussed in this morning's Standard Examiner article written by Scott Schwebke: 

Unorthodox California company thinking of buying Powder Mountain
  
From the article,

Patrick Lundin, marketing manager for Powder Mountain, identified the company as Summit Series, based in Malibu.
“They are looking at the mountain and doing their due diligence,” Lundin said Tuesday. “There will be an official press release once the deal is done.”
When asked by the Standard-Examiner if Powder Mountain is available for purchase, Lundin remarked that “everything is for sale.”

 Rudi also highlights the article in his post this morning over at the Weber County Forum.

Our readers will also remember this breaking February 22 story:

 BREAKING: Summit Series trying to raise $40 million to purchase Powder Mountain

It seems that this deal may be near.  Who will be the first to comment?

BREAKING: Summit Series trying to raise $40 million to purchase Powder Mountain

Business Insider just posted this article on their website:

 Summit Series, The Exclusive Retreat For Bigshots, Is Trying To Raise Money To Buy A Mountain

From the article:

A source passed along this pitch from Summit Series:

I wanted to reach out to let you know about our next exciting project. We would love to get you in the game. It is completely private information at this point (so please keep the contents of this email and all attachments private), but Summit Series is in the process of acquiring some permanent space; we are buying Powder Mountain, UT. The goal is to re-create a culture year-round for innovation, entrepreneurship and kindness. We're in the process of bringing in our founding members, offering very aggressive financial incentive for those coming in that early and it would be great to have you out to the mountain to check it out.

We're hearing that Summit is looking for 40 investors to kick in $1 million each to pay $40 million for Powder Mountain, but we haven't been able to confirm that.

Our sources have said that the Summit Series group has put down between $10 and $20 million dollars on the property, and it looks like they are trying to raise a bit more.

The Business Insider story continues with:

A local blog, the Ogden Valley Utah Forum, also reported that Summit Series is a rumored suitor for the deal. But it didn't have a price tag for the deal, either.

Read more: http://www.businessinsider.com/summit-series-the-exclusive-retreat-for-big-shots-is-trying-to-raise-money-to-buy-a-mountain-2012-2#ixzz1n8rQpnjP

Do you have a spare $1 million you wish to invest?  Are big changes in store for Ogden Valley?