Bend, Oregon — In late August, POWDR shocked the ski industry by selling Killington and Pico to local investors. In addition, POWDR announced that they will be putting Eldora, Mt. Bachelor, and Silver Star on the market soon.
Out of these three, the most valuable is considered to be Mt. Bachelor. According to the Storm Skiing Journal, industry heavyweights Alterra and Vail Resorts are expected to be interested in acquiring Mt. Bachelor due to its size and destination potential. However, some locals are looking to see if they can pull off a Cinderella story.
Last week, we shared a story from the Central Oregon Daily News about Chris Porter and Dan Cochrane’s push to acquire Mt. Bachelor and bring it back into local hands. On Thursday night, they met with local stakeholders to conduct a feasibility study and chart their next steps.
Today, we received an email from the locals about their latest moves. In the email, Chris & Dan said they are making “significant progress toward the purchase of Mount Bachelor as a community partnership.” This sounds like a story that we’ll be keeping an eye on.
The full letter is below.
Mt. Bachelor Community Inc.
Dear Friends and Supporters,
We are incredibly grateful for the outpouring of support we’ve received since Central Oregon Daily’s interview aired on Wednesday. Your emails to buymtbachelor@gmail.com have been emotional and inspiring, and your enthusiasm strengthens our commitment to this vision.
We are excited to announce that we have officially incorporated as Mount Bachelor Community Inc. and are actively pursuing B-Corp status. As a Benefit Corporation, we are committed to delivering meaningful public benefits while providing investment opportunities to our community members.
Here’s an example to give you a clearer picture of how Mount Bachelor Community Inc. will operate under this model:
ARTICLE IV: BENEFIT CORPORATION STATUS
Pursuant to Section 362 of the Delaware General Corporation Law (DGCL), we elect to be a benefit corporation. In doing so, we will pursue both specific and general public benefits, including:
- Environmental preservation of the natural areas in and around Mount Bachelor.
- Promotion of eco-friendly and sustainable business practices in all our operations.
- Creating social and economic opportunities for the local community, including job creation and support for local businesses.
We are making significant progress toward the purchase of Mount Bachelor as a community partnership, and we look forward to sharing more updates with you soon. In upcoming correspondence, we will include details on investment, contribution, and volunteer opportunities, giving you a chance to directly support and be a part of this exciting venture.
Thank you for being an integral part of this journey. Together, we can build a brighter, more sustainable future for Mount Bachelor and the surrounding community.
In the spirit of Bill Healy, we just said to ourselves, “Let’s go for it.”
Powder to the People,
Chris & Dan
Mount Bachelor Community Inc.
Image/Video Credits: Mt. Bachelor, Central Oregon Daily News
