Park City/Talisker-Vail Lawsuit

[jaytrem]

I wonder if Deer Valley would be interested in renting McConkey's and Pioneer for a year or two. Maybe a little "One Wasatch" testing. Other things to consider IF this drags out...

1. Around 2000 United Park City Mines still owned some water rights. Primarily for mine maintenance. Could that possibly also be used for snow making?

2. Replace the Town lift with a gondola, and you solved a good chunk of the access for people actually staying over night in the area. From the only map I've seen it appears they could circumvent the PCMR land (may or may not need an angle station).

3. People arriving by car would have to park at the Canyons. That would suck for PCMR access. If they could jam in some parking near the base of Iron Mountain or Tombstone/Timberline, that would be a good access point with a lift upgrade. Or even further down the road (closer to the existing base). Most people driving for the day are coming from that direction anyway.

4. Are there any easements through the PCMR property that Vail could use to their advantage?

5. I'd still be shocked if it came to any of that. But ya never know.

 

[steamboat1]

http://www.parkrecord.com/ci_26025355/pcmr-v-talisker-resort-center-property-owners-livid

 

[mbedle]

Recent letter from the city.
http://www.parkrecord.com/park_city...-v-talisker-park-city-mayor-urging-resolution

 

[thetrailboss]

The latest....eviction order signed:

http://fox13now.com/2014/07/02/judge-signs-eviction-order-for-park-city-mountain-resort/

 

[Highway Star]

The latest....eviction order signed:

http://fox13now.com/2014/07/02/judge-signs-eviction-order-for-park-city-mountain-resort/

 

[mbedle]

The latest....eviction order signed:

http://fox13now.com/2014/07/02/judge-signs-eviction-order-for-park-city-mountain-resort/

Does this really change anything from the last time they were in court. I already thought that the Judge stated he was going to sign the eviction notice for August 27th and left the option open to extend the actual eviction, if both parties were working towards a resolution. The August court date will be when we hear if the end is near or sooner if either side decides to stand down.

 

[ss20]

Oh good, looks like we're done with setbacks and can start the inevitable. :sarcasm:

 

[thetrailboss]

Does this really change anything from the last time they were in court. I already thought that the Judge stated he was going to sign the eviction notice for August 27th and left the option open to extend the actual eviction, if both parties were working towards a resolution. The August court date will be when we hear if the end is near or sooner if either side decides to stand down.

Yes and no. This was the order that the Judge probably asked Talisker's attorneys to draft as a result of the hearing. It just puts more pressure on POWDR.

 

[AdironRider]

More pressure? This is really nothing new, outside of some wet ink they knew was happening already.

 

[thetrailboss]

More pressure? This is really nothing new, outside of some wet ink they knew was happening already.

Just brings home the reality that they are SOL .


Sent from my iPhone using AlpineZone

 

[thetrailboss]

Well at least POWDR still owns and operates Gorgoza....

http://www.gorgoza.com/gorgoza/home.html

 

[thetrailboss]

Things are moving ahead with PCMR's departure it appears....

http://www.saminfo.com/news/pcmr-v-talisker-path-ahead

 

[marcski]

Things are moving ahead with PCMR's departure it appears....

http://www.saminfo.com/news/pcmr-v-talisker-path-ahead

PCMR is still in a freaking dreamworld!

 

[steamboat1]

http://www.parkrecord.com/park_city-news/ci_26125965/pcmr-takes-first-step-toward-an-appeal-utah

 

[steamboat1]

PCMR is still in a freaking dreamworld!

I don't believe that's the case at all. Access (parking) is an issue but I don't believe it's the big issue. PCMR owns the water rights. Without those water rights both PCMR & the Canyons can't operate. The lower mountain slopes at both resorts are often bare for not only the Thanksgiving holiday but the Christmas & New Years holidays as well. It's hard to run the upper slopes when you don't have a lower slope. It's also hard to run a world class golf course if you don't have water to keep the greens green. I believe because of this PCMR has the better hand.

 

[DoublePlanker]

I don't believe that's the case at all. Access (parking) is an issue but I don't believe it's the big issue. PCMR owns the water rights. Without those water rights both PCMR & the Canyons can't operate. The lower mountain slopes at both resorts are often bare for not only the Thanksgiving holiday but the Christmas & New Years holidays as well. It's hard to run the upper slopes when you don't have a lower slope. It's also hard to run a world class golf course if you don't have water to keep the greens green. I believe because of this PCMR has the better hand.

PCMR is drawing dead in this situation. They have a court order eviction.

 

[steamboat1]

PCMR is drawing dead in this situation. They have a court order eviction.

The eviction is from Talisker land (yes it's most of the ski area). PCMR owns the parking lot's, base facilities & most importantly the water rights. No judge can evict them from the land & rights they own.

 

[DoublePlanker]

The eviction is from Talisker land (yes it's most of the ski area). PCMR owns the parking lot's, base facilities & most importantly the water rights. No judge can evict them from the land & rights they own.

That's true. But practically nobody is going to use those facilities without being able to ski the upper mountain. Without the ski area, those things are not very valuable.

This is just going to be settled. In fact, the judge ordered arbitration. That process will likely ultimately have a sum of money transfer from Vail to PCMR to take over the entire ski area. Everything else going on is just negotiating. The supreme court thing is just to keep their rights alive. They won't win an appeal there. They likely won't even file as the arbitration will likely result in a business deal.

 

[steamboat1]

Without the ski area, those things are not very valuable.

This is where I disagree. Without the things that PCMR owns the ski area is not very valuable.

 

[DoublePlanker]

This is where I disagree. Without the things that PCMR owns the ski area is not very valuable.

That is also true. But the relative impact on each business is much different and this favors Vail. MTN stock is very strong right now.