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#53287 - 04/27/09 02:32 PM
Re: Laurel Mountain Breaking News
[Re: hockeydave]
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New Member
   
Registered: 12/05/08
Posts: 7
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Wow... I have said it before and I will say it again - I have never seen a thread with so many conspiracy theorists!
I gotta agree with snosnugums, 7S is doing pretty well and the Nuttings are investing in the resort. Screw the baseball team and get over it! Watch the Pens or the Steelers! The resort is coming alive again. Can you imagine all the work that needed to be done to that place after years of neglect under the Dupres? Good God!
Trust me, my cousin works at 7S and I live in the Ligonier Valley. Recently I meandered through Laurel on a hike with my family. There is NO way that place is opening this season. From the looks of it, even if 7S had sealed the deal with the DCNR and the other bureaucracies last summer or early fall, Laurel would not open this coming season. The whole place is ghosttown mess.
But I guess getting it open ASAP to make all the naysayers happy regardless of safety and thought is more important? The whole resort needs rehabilitation. Water lines, sewage, rusting chairlifts, run down lodge, pitted slopes - WHAT A MESS!
I don't know about all of you - but I want Laurel to re-open the right way even if that means it takes some time. Don't you all remember when Somerset Trust thrust it into Dupre's/7S's hands in 04-05 like two months before the snow fell? No time for planning or operational thought. It was horrendous! A total disgrace!
Hockey Dave, I guess you won't be skiing Laurel since it won't be under the realm of the Bunchers? You know they passed LM up, essentially giving it to 7S. They should kick themselves in the you know what.
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#53288 - 04/27/09 03:21 PM
Re: Laurel Mountain Breaking News
[Re: LValleyGirl]
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Senior Member
   
Registered: 06/30/04
Posts: 655
Loc: Parts Unknown
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LValleyGirl, I'm pointing out facts. Look at the Pirates, and forget about the fluke of a start this year (they will revert to losing form, trust me). The Nuttings were given a taxpayer funded stadium and have fielded a sub-500 team 16 years running. Whenever they have a choice between winning or making a large profit (having a fire sale, signing/re-signing a star, drafting below par talent so they won't have to pay as much), they choose profit every time. I suspect they will nickel and dime Laurel if they do finally get around to opening it.
Just my opinion, Laurel was not a disgrace when opened by the Dupres in 04-05. Bad year for skiing because of the weather. At least it was open.
I don't think 7S was neglected by the Dupres. If you wanted to see neglect, just head 3 miles north to Hidden Valley. The Kettlers were guilty of that until Buncher bought the place. Buncher has a track record of revamping resorts (actually only 1 resort) and quickly, I might add. Buncher has changed Hidden Valley from a piece of crap to a wonderful resort in less than a year and a half. The golf course was a cow pasture due to years of neglect and now is near country club standards. The new snow-making at HV is the best. I know firsthand that Buncher did not abandon Laurel, the state dragged its feet and Seven Springs snuck in the back door with Somerset Trust. If it weren't for Buncher and their interest in Laurel, we wouldn't even be talking about a future at Laurel. And although I'm not Missouri, the Nuttings will have to prove to me they are truly interested in operating Laurel as a public/private partnership as Buncher proposed and would have done. A good faith gesture would be to start revamping the lodge (power-wash and stain isn't asking much) right now. And as of yet, I have not seen one shred of evidence that leads me to believe the Nuttings will be good stewards of Laurel, if at all.
Edited by hockeydave (04/27/09 04:02 PM)
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#53291 - 04/27/09 06:19 PM
Re: Laurel Mountain Breaking News
[Re: hockeydave]
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Senior Member
   
Registered: 08/16/04
Posts: 978
Loc: Trees of Appalachia
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I'm sorry it has taken so long to reported back on the details of the Jack Johnson report on Laurel. I've been tending to the chores I've put off all winter and 2 weeks ago we had a furnace fire that caused some smoke damage to our house. The biggest problem the fire caused was uprooting us from home until the cleaning crews did their job. We are back now and beginning to get back to our daily routine.
The study dated April 28, 2008 and titled Summary of Laurel Mountain Ski Resort Financial Analysis was commissioned by the DCNR with input from the Buncher Company who was in negotiation with the DCNR for a lease at that time. Since Buncher is now out of the picture I don't know if this study is still relevant. I would think it still has some significance because it was a DCNR funded study to determine the feasibility of a successful reopening for Laurel. It is not a master plan.
The study looked at two scenarios. One would be a minimum upgrade and repair. The other would be a major capital upgrade. The Study was done with a 2008/09 opening date and costs were calculated in that time frame.
Scenario 1
Scenario 1 would require a total cash expenditure of $789,200 with a repair budget of $743,000, most of which would go to repairing existing lifts; $235,000 for the quad and $365,000 for the double. Snow making repairs would be $30,000. The rest would go to upgrade safety items (replace tower pads), food service including water supply, signage, groomer repair, building maintenance, and labor cost.
Capital improvement budget under scenario 1 totals $46,200. The only significant improvement would be a $20,000 outlay for what is termed a new beginner trail. The rest of the capital budget would include computer and communication improvements, maintenance tools, snowmobile and contingency money.
Scenario 2
Scenario 2 would require a total cash outlay of $8,093,600. The breakdown is $486,000 in repairs and $7,607,600 in capital improvements. The repair items are the same as scenario 1 minus the repairs on the double. Highlights of the improvements include $1,815,000 for a new fixed grip quad, $1,400,00o for snow making, $160,000 for a magic carpet lift, $360,000 for trail improvements, $1,000,000 for pond and environmental conditions, $1,000,000 for sewage, $230,000 for new rental equipment, $60,000 for building improvements, and 50,000 for warming hut improvements. Also included are upgrades to the terrain park, lighting, sprinklers (fire safety, I assume), along with items listed in scenario 1 and $691,600 for contingency money.
The report states that, and I quote, “….it is felt that with the recommended capital improvements, sustained financial viability for the Resort’s operation is achievable.”
This is all I have time for now. I’ll try to post some details on the financial models on which this study was based but if there are any questions just post them here and I’ll try to answer.
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