To pay for Eldora, the town will issue municipal revenue bonds “backed only by the resort’s earnings, which is profitable enough to service the debt.”

The small mountain town west of Boulder signed a letter of intent to buy Eldora from POWDR, the Salt Lake City-based ski company that has owned the ski area since 2016. Under the agreement, all 700 employees of Eldora would become Nederland employees, according to an emailed statement. No price was given.

The town of Nederland, Colorado, announced on Tuesday, July 8, 2025 that it had signed a letter of intent to purchase the nearby Eldora Mountain from its current owners, POWDR Corp., marking a significant step towards local ownership of the ski resort.