Letter to the Editor: Do we need an amusement park at Diamond Peak?
August 13, 2014
I read the 170-page draft Diamond Peak Master Plan and attended the July 30 IVGID board meeting. This plan is a 10-year project that includes the potential for, among other capital investments, an alpine coaster (roller coaster), climbing wall and canopy tour — also known as a zip line.
All the projects proposed in the plan is projected to cost $18 million. The first $8.2 million will be funded by a bond issue which is intended to be repaid, along with interest, from the revenues of the project.
While I appreciate IVGID's stated intention of not raising recreational fees, given IVGID's dubious history of running recreational facilities profitably, I can't help but think that it's the property owners who will end up being saddled with this debt. A debt that we don't get to vote on.
I'm all for continuing to maintain and upgrade our existing recreational facilities, but this proposal will create an amusement park that the residents will ultimately, I believe, get to pay for.
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