Emails reveal Ned needs help with Eldora purchase "ASAP"; plus more

On last week's episode, Netherland Mayor Nicole Sterling joined the show to announce the town is making changes to its deal to purchase Eldora Ski Resort from Utah-based Powder after feedback from hesitant investors earlier this year.

Part of that plan is seeking up to $20 million in funding for capital improvements from the state of Colorado to help reduce the debt Ned would take on in an acquisition.

A report from Denver Business Journal revealed the ask is more urgent than it seems.

Emails DBJ acquired through the Colorado Open Records Act showed a message Sterling sent on August 27th to the governor's office, stating Powder needs to, quote, "...be able to get an answer from us much sooner than we anticipated regarding the gap to fill so they don't put the mountain back out to market." She also asked how soon the state will know if funding is even available, adding, quote, In August, the governor's office said a decision in a week's time was doubtful.

With the looming budget process, any funding approval could take a long time and potentially need legislative action.

We reached out to the governor's office, and they did not respond to requests for comment in time to include in the podcast.

Sterling mentioned in last week's episode the town is in continued talks with Powder.

A spokesperson from the organization confirmed that they are still in contact with the town, but no contractual agreement is in place binding them to the sale.

We'll provide more updates as the story develops.