Quote:
Originally Posted by BroadHopper
Google and Sunapee and Wachusets' privatizing did not go well through the years. Some years they ask for forgiveness and some years they made out very well and the state did not profit from it.
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That is incorrect.
Wachusett and Sunapee were constantly having issues prior to moving to private operators (Sunapee in particular), resulting in taxpayer bail outs.
Wachusett has been run by the Crowley family's company for decades and is considered one of the most successful ski areas in the country.
Mt. Sunapee was run by the Mueller family's company for two decades and quickly grew into one of the most successful ski areas in the state. Lease payments were made to the state every year.
It is hard to defend some of Vail's decisions in recent years (I personally refused to patronize any of their areas last season due to their draconian vaccine mandates). Nevertheless, they have continued to make lease payments to the state every year. The Sunapee lease payments subsidize Cannon. Without the annual lease payments or taxpayer bailouts, Cannon would likely default on its debt.