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 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.

On Tuesday, the town of Nederland made a big announcement: The town is buying the Eldora Mountain Ski Resort, and hopes to have the purchase finalized by October. “We promised from the beginning that we would bow out of this opportunity at any point if it didn’t make sense.