Nederland town staff, alongside consultants and lawyers, have completed their due diligence of the western Boulder County municipality’s plan to purchase Eldora Mountain from Powdr Corp. and determined the ski resort to be “a high-quality, viable asset for the community.”

Documents related to the deal, likely to be in the range of about $115 million to $120 million, are expected to be presented to Nederland’s Board of Trustees Nov. 18, and financing details are scheduled for review on Dec. 2, town documents show. Final approval of the Eldora purchase could occur on Dec. 16.

Utah-based Powdr declared its intent to sell Eldora, which was founded in 1962 and has nearly 700 acres of skiable terrain just west of Nederland town limits, in summer 2024, and the town government emerged as a poten

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