Saddleback Mountain Cooperative - Information Thread & Survey - Page 14

AlpineZone

Page 14 of 16 FirstFirst ... 41213141516 LastLast
Results 131 to 140 of 158
  1. #131
    SIKSKIER's Avatar
    Join Date
    Nov 2006
    Location
    Bedford and Franconia NH
    Posts
    3,663
    From watching that FB video,I didn't get the feeling this was going to allow SB to open this year based on needing to raise that 4 million to then start the process.Seemed unlikely but maybe I missed something.
    SIKSKIER

  2. #132
    Quote Originally Posted by SIKSKIER View Post
    From watching that FB video,I didn't get the feeling this was going to allow SB to open this year based on needing to raise that 4 million to then start the process.Seemed unlikely but maybe I missed something.
    You didn't miss anything..They're being careful not to over-promise and under-deliver. If they raise the money quickly and the community gets behind this with their wallets, they will likely open in some capacity this year...

  3. #133
    It will be interesting to see how this plays out, especially compared to Mad River Glen. A major advantage I can see with Mad River Glen is that shareholders in a co-op feel a sense of ownership with their investment. MRG investors are all in it together rather than hitching their wagon to somebody else.

    But that may prove to be academic. What matters most is that enough people are out there who want to support the mountain - however that support takes shape. Saddleback is just too good of a ski area to sit dormant - so my fingers are crossed.

  4. #134

    Join Date
    Jul 2015
    Location
    Bethesda, MD; Rangeley, ME.
    Posts
    45
    Quote Originally Posted by SIKSKIER View Post
    From watching that FB video,I didn't get the feeling this was going to allow SB to open this year based on needing to raise that 4 million to then start the process.Seemed unlikely but maybe I missed something.
    Video? I must have missed that.

  5. #135
    salsgang's Avatar
    Join Date
    Jan 2007
    Location
    Southern Coastal Maine
    Posts
    816
    An email went out announcing the start of the fundraising effort. Below is a pasted copy of it. It's going to be an interesting few weeks!

    Congratulations!

    Thanks to the generosity of people like you, we are delighted to let you know that we have reached an agreement to acquire the Saddleback Mountain Ski area assets from the current owners. This is a huge conservation and economic development step for the Rangeley region. If successful, this will assure the continuous operation of the ski area within a well-capitalized and stable financial framework. When this transaction is completed, the community will own and control the resort:

    - The ski area real estate will be owned by the Saddleback Mountain Foundation (SMF), a non-profit whose mission will be to preserve the beautiful pristine region for generations to come.

    - The resort will be operated by the Saddleback Mountain Community Resort (SMCR, LLC), a community owned company that plans to reinvest all profits back into the resort.

    We are truly humbled by the outpouring of support for this initiative. Through the survey and verbally, from home owners, businesses, and dedicated Saddlebackers, we have already obtained commitments approaching $5,000,000. Of course, we can only accomplish this if we receive the contributions from everyone who committed their support.

    We now need to raise $4,000,000 (from the $5,000,000 in commitments) in order to secure our exclusive right to buy the resort and to fully capitalize the operating company. If we don’t reach this target, the chance to build this incredible lasting foundation for future generations could be lost.

    We are raising funds by selling memberships in the Saddleback Community Resort. Please look closely through the attached forms, do not hesitate to contact us with any questions, and send in your payments as soon as possible.

    Thanks again for helping to preserve this priceless place for generations to come. As a founding member, you, through your contribution today, are making history.

    Skifully!

    Peter Stein,
    President,SMCR,LLC

    Payment Form https://gallery.mailchimp.com/fe4bb1...al_1611_02.pdf

    Saddleback Resort Membership Enrollment Form https://gallery.mailchimp.com/fe4bb1...rm_1610_12.pdf

    FAQ
    https://gallery.mailchimp.com/fe4bb1...al_1611_02.pdf
    Last edited by salsgang; Nov 2, 2016 at 2:00 PM. Reason: formatting

  6. #136
    Smellytele's Avatar
    Join Date
    Jan 2006
    Location
    Right where I want to be
    Posts
    7,091
    I guess I may have missed the part where Peter and the SMCR board (if there is any) are putting in money. Not trying to be "that guy" but if they need 4m and only 4m to buy it then why does it all need to come from "memberships".
    2010/11 - 30days 2011/12 - 29days 2012/13 - 40 days 2013/14 - 39 days 2014/15 - 42 days
    2015/2016 -27 days 2016/17 - 51 days 2017/18 - 57 days 2018/19 - 75 days

  7. #137
    SIKSKIER's Avatar
    Join Date
    Nov 2006
    Location
    Bedford and Franconia NH
    Posts
    3,663
    Quote Originally Posted by fiddleski View Post
    Video? I must have missed that.
    https://www.facebook.com/MsKyleJones...8867849185587/
    SIKSKIER

  8. #138

    Join Date
    Jul 2015
    Location
    Bethesda, MD; Rangeley, ME.
    Posts
    45
    Thanks!

  9. #139
    The Saddleback Foundation FB Group has just changed from Private to Public if any of you want to follow the progress. Don't underestimate Peter Stein and/or the team he has assembled.

  10. #140
    salsgang's Avatar
    Join Date
    Jan 2007
    Location
    Southern Coastal Maine
    Posts
    816
    Latest update from the community group / Peter Stein.

    Our fundraising is now underway!!! In case you have questions, we are planning informational meetings for Thursday, November 10th in Portland at Three Dollar Deweys at 6pm and in Farmington, on Monday November 14th location and time TBD. There are some of us (read me) that love nothing more than answering questions about this initiative.

    It has been a short two weeks since we reached a complete agreement with the Berry Family. Since then we have:

    -Formalized a resort membership package that has received excellent reviews.
    -Arranged and conducted a press conference in Portland and a town meeting in Rangeley.
    -Geared up personnel and other resources for fundraising
    -Initiated and developed a first version of a web site.
    -Set up bank accounts with lock box services.
    -Developed a fund raising package.
    -Merged and managed mailing lists

    Our team consisting of many volunteers with solid professional experience, is working feverishly to make the dream of a community owned resort a reality!!

    Many of you have asked for a more financial and operational information. We are working on materials to address these and other questions, which we plan to distribute next week.

    We have received a great many excellent suggestions on how to improve the resort membership structure. We are listening and tracking all of these ideas. While we cannot make changes to the membership plans during this campaign, once we reach our $4,000,000 target we will examine all the input we received to look for ways to make our membership plans even better. At that time, members will have the opportunity change their plans to take advantage of any new benefits we offer.

    If you have already sent in your check THANK YOU. If not, please send it in today. The sooner we can reach our $4,000,000 fundraising target, the sooner we will be able to secure the future of Saddleback Mountain.

    Many of you have asked us about operating the lifts this winter. With this goal in mind, we are making a special push to see if we can reach our fundraising target before Cyber Monday. Everyone who sends in their membership payment before November 27, 2016 will get the following extra benefits:

    -Royal Tiger/Green Weaver members will have the option of replacing their minor pass with:
    -A book of 10 day tickets
    -A senior pass (valid for skiers over 65)

    Tightline and Dark Wizard Couples special:
    Add a Dark Wizard membership for your spouse for an extra $5,000 or a Tightline membership for an extra $3,000, with the purchase of the corresponding plan for yourself. Simply add this fee to your enrollment payment!

    All members will AUTOMATICALLY get these benefits when we receive their payment by thanksgiving. I look forward to seeing you at our informational meetings. Meanwhile, if you have any questions, please feel free to contact us at info@skisaddlebackme.com.


    Skifully, Peter Stein

    Attachments:
    Enrollment Form
    https://gallery.mailchimp.com/fe4bb1...0_12_1_.01.pdf



    Payment Form
    https://gallery.mailchimp.com/fe4bb1...1611_02.01.pdf

    FAQ
    https://gallery.mailchimp.com/fe4bb1...1611_02.01.pdf


    P.S. If you would like to upgrade your membership to take advantage of our Cyber Monday Special, simply send in the form with the incremental payment, indicate the plan you would like, and indicate on the form that you are upgrading your membership.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
All times are GMT -5. The time now is 3:13 AM.