Baldy Master Plan - Skimap

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Mount BaldyResort ExpansionMaster Plan February 20051.0 Introduction1.1 PROJECT OVERVIEWAs per the Commercial Alpine Ski Policy, the following document presents the ResortExpansion Master Plan for the Mount Baldy Ski Area near the towns of Osoyoos and Oliver,British Columbia. The Plan has been prepared by the Brent Harley and Associates Inc. – TheResort Planning Group, on behalf of the Mount Baldy Ski Corporation (MBSC).Mt Baldy is situated on the eastern boundary of the Southern Okanagan Valley approximately40 km east of the communities of Oliver and Osoyoos and 25 km north of the U.S. border. Thisregion is currently cultivating a growing tourism and service sector to complement itsincreasingly diversified economy of agriculture, viniculture, industrial operations and resourcebaseddevelopment.Figure 1-1 Regional ContextWithin the context of developing a viable four-season tourism sector, the goal of the MountBaldy Ski Corporation is to create a signature product for the region’s Winter tourism amenities,and to establish itself as a significant partner in the provision of Spring, Summer and Falltourism initiatives. The South Okanagan region has an increasingly successful tourism andservice industry during the summer months, but many within this sector acknowledge that it is inneed of expanding its destination tourism product to include a key winter- season draw. It istherefore the intent of the MBSC to position Mount Baldy as a cornerstone of the SouthOkanagan’s winter season economy, thereby working to complement rather than compete withthe region’s existing amenities. The unique natural attributes of the area, the growth of tourisminfrastructure throughout the region, and the terrain character of Mount Baldy in particular,provide an exciting opportunity to make this goal a reality.Page 1Brent Harley & Associates Inc.The Resort Planning Group
Mount BaldyResort ExpansionMaster Plan February 2005As per the Commercial Alpine Skiing Policy 1 , it is the intent of this document to define both inwritten and graphic form, all relevant and required aspects of this proposed mountain resortdevelopment. Working closely with MBSC, Brent Harley and Associates has prepared thefollowing document to describe the planning process, demonstrate the technical analysis, detailthe ski area plans, and to provide a specific implementation schedule for the proposed resortexpansion.1.2 THE PROPONENTIn the Fall of 2002, the three partners of the predecessor Mountain Recreation, LLP (an IdahoLimited Liability Partnership)(“MRLP”) began a review of the possible acquisition of the MountBaldy Ski Area from the Mount Baldy Strata Corporation KAS 1840. On May 2, 2003, MRLPand the Strata formally entered into a letter of intent to purchase the Mt. Baldy Ski Area. OnMay 21, 2003, MRLP and Slotman Enterprises, LTD, Inc. (“Slotman”) formally entered into abinding offer to purchase the remaining privately held land (the “Wapiti Subdivision”)immediately adjacent to the Ski Area. At their June 23, 2003 annual general meeting, the strataowners approved the letter of intent and agreed to enter into a binding purchase and saleagreement by a vote of 101 to 1. In January 2004, MRLP and its nominees completed thepurchase of the Wapiti Subdivision and in April 2004, the purchase of the Mount Baldy Ski Areawas completed.Simultaneous to the acquisitions a new corporate structure was completed. All of MRLP’sassets and purchase and sale agreements were transferred to Mountain Investments, Inc., anIdaho Corporation (“MII”) and Winter Recreation, ULC, a Nova Scotia Unlimited LiabilityCorporation (“WRU”). MII is the US Holding Company, which has as its only asset aninvestment in WRU. The three founders, Brent Baker, Brett Sweezy and Robert Boyle are themajority shareholders and directors of MII. WRU is the Canadian Holding Company, whichowns 100% of the two operating companies, Mount Baldy Ski Corporation, (“MBSC”) a BritishColumbia Corporation which operates the ski resort and Mount Baldy Real Estate ULC, a NovaScotia Unlimited Liability Corporation (“MBRU”) which owns and manages all of the real estateat Mt. Baldy.The three founders and initial Directors of all the Companies referenced above are:Robert Boyle, Director and V.P. of Finance: Bob brings more than 30 years of accountingand financial experience to this project. Bob is currently the President of Robert Boyle, CPA,PA, a Director of Lifestream Technologies, Inc., and an active investor in real estate located inNorth Idaho (USA). Prior to this partnership, Bob served for 15 years as President of Boyle andStoll, CPAs specializing in taxation and business acquisitions and sales on behalf of a widevariety of clients. Boyle’s background also includes seven years with KPMG Peat Marwick inSouthern California working as an auditor and tax manager.Brent Baker, Director and V.P. of Real Estate: Brent brings over 20 years of construction,development and real estate investment to the corporation. Brent is currently President andCEO of Baker Construction and Development, Inc., licensed in Idaho, Montana and California.He is the general partner of the Brent and Laura Baker Family Limited Partnership, where heactively manages nearly USD $5 million. Brent has recently been appointed by the Governor ofIdaho to sit on a newly created commission to protect Lake Pend d’Oreille, the largest lake inIdaho.1BC Lands, 1995, “Commercial Alpine Skiing Policy”Page 2Brent Harley & Associates Inc.The Resort Planning Group
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