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Vail offers to buy Park City Resort’s base facilities
Legal fight » Powdr Corp. vows not to give in to a “takeover” by the Colorado company.

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And, he added, "if a court ultimately rules that PCMR’s lease has expired, then Vail will become Talisker’s tenant on that land and it is absolutely our intention to utilize and operate that terrain, which was Talisker’s intent in leasing it to us."

Katz also reached out to PCMR employees, telling them that if Vail/Talisker prevail in the lawsuit and take over PCMR’s mountain, "our company is willing to hire substantially all of the PVMR employees who are involved with running the resort."

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In the end, Katz appealed to Cumming’s business sense in arguing for PowdrCorp. to accept Vail’s offer.

"Even if you lose your lease to the mountain, you still have a very valuable piece of property," he said. "But its value comes from the access it allows to the ski mountain. As every realtor and developer in Park City knows, whatever you might want to do on that property, it will be far more valuable if skiers use that land to access the resort."


Twitter: @sltribmikeg

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