Published on Aspen Daily News Online (http://www.aspendailynews.com)
Resort report: What's happening in other resort communities

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TELLURIDE: QUESTIONABLE DONATION FOR DEVELOPMENT

A Michigan-based nonprofit donated $3.9 million to a development project in Mountain Village near Telluride, raising questions about the legitimacy and legality of the gift. The Honigman Foundation has donated, on average, $100,000 to $200,000 annually to charities and schools recently, but it's unclear whether the $3.9 million given to Aaron Honigman, was a loan or donation. Aaron Honigman, who is developing the Rosewod hotel project, received the money from his family's private charity, according to the Telluride Daily Planet. His stepfather is the foundation's president, and Honigman sat on the board until 2005. The $200 million project already ran into trouble when its financial backers argued that Honigman defaulted on a $50 million, and his company has since declared bankruptcy.

PARK CITY: WAL-MART GETS BIGGER

A Wal-Mart near Park Ciy, Utah, is expected to expand 43,000 square feet if Summit County commissioners approve a permit that's already been OK'd by the planning committee. The extra space would be a grocery store addition, which some local grocers are upset about. But, at 115,758 square feet, the proposed store is still smaller than most Wal-Mart Supercenters, the Park Record reported.

KIRKWOOD, CALIF.: BIG WHEELS START TURNING

Officials at Kirkwood Mountain Resort signed a letter of intent to install 20 wind turbines on the ski area's notoriously windy mountain ridges, the Tahoe Daily Tribune reported. Partnering with Reno-based Synergy Power Corporation, the turbines - to be installed by 2010 - could provide 6,000 kilowatt-hours of electricity to the resort. The figure could meet 20 percent of the resort's demands for residential and commercial operations, officials say.

WHISTLER, B.C.: LIVING THERE IS EXPENSIVE

A recent report shows that affordability is the No. 1 challenge facing the Whistler/Blackcomb area, Pique Newsmagazine reported. Twenty-seven percent of permanent residents were below the cost of living in 2007, a figure that jumped 18 percent from 2006. Analysts said that although the numbers seemed to show negative effects, overall income has been on the rise in the area.


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Source URL: http://www.aspendailynews.com/section/business/128145