Economic Impact Valley Floor
April 11, 2007
First, the buzz on the streets and news articles were about the shortfall the non-profits will surely feel due to private donations being diverted to the acquisition of the Valley Floor. Naturally this will be more of a short-term problem (12 to 18 months), but what about the short-term impact to the rest of the business community?
With over $20 million taken out of the pockets of most business owners and private donors, are we going to see less hiring, expansion and general economic growth for these businesses; and are retail and dining establishments going to see less to their bottom line due to the private sector having spent their residual funds on the Valley Floor? Now, take in the fact the Peaks will be shut down most likely through next winter’s high season, which has already affected the bottom line to large group bookings (convention center), we might have harder times ahead than most of us think. Just click on comments below to give your thoughts. Thanks.
April 11, 2007 at 8:19 pm
I agree with your opinions. With all of our attention, media and radio focused on this issue, what else are we missing?
April 21, 2007 at 10:54 pm
When 91% of the land would have virtually been “given” or “free” to Telluride when the owner of the Valley Floor said he’d not develop that much of his 570-acres, I wonder why so many voted to pay for the land at the price of $45,000,000, plus the $11,000/day rate, plus all the legal fees. Just think of who much money residents would have saved if they allowed Blue to pursue his individual freedoms, while at the same time extending much good will to the community. When personal liberties are taken in such a way as to condemn a person’s property and right to do business as they see fit, democracy is at stake. The state of being free within society from oppressive restrictions imposed by authority on one’s way of life, behavior,
or political views is, in fact, being threatened.
April 24, 2007 at 4:09 pm
Many (a silent group or they get victimized) have not supported the condemnation due to basic private property rights being trampled on. I find it interesting that not too long ago we voted down the right of second homeowners to vote locally, but the minute we need their money to support something they can’t vote on they are the first ones we call.
What happens to the dollars donated if the $2.4 million can’t be raised? What are the chances the appeal, filed by SMVF will be upheld so condemnation is not an option?