Jump to content

Recommended Posts

Posted

*1975-76: Civic groups, led by the Greater Scranton Chamber of Commerce, propose a ski resort and recreational area at Montage.

 

*1975-76: Civic groups, led by the Greater Scranton Chamber of Commerce, propose a ski resort and recreational area at Montage.

 

*1984: The $11.5 million ski area opens in December under the ownership of Montage Inc., a nonprofit company. During the warmer months, a water slide operates at the site.

 

*1990: While operating revenue doubled since 1984, consecutive warm winters add to mounting debt. Both the city and the county step in with financial backing.

 

*1991: With money woes continuing, the county buys Montage for $14.7 million.

 

*1991-96: In its first five years of operation, the county profits three times and loses money twice, with a net loss of $87,000.

 

*1996: Republican minority commissioner John Senio suggests the county sell Montage for $20 million. The idea eventually dies.

 

*1996-97: Warm winters take a toll, with losses of more than $1 million.

 

*2000s: Democratic majority claims modest profits in first years of decade. Minority Commissioner Robert C. Cordaro blasts their accounting, says the county should sell.

 

*2004: Mr. Cordaro and A.J. Munchak take office in January. In April, they put the 140-acre resort up for sale for $9.6 million, $1 million more than Montage

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...