Shames Mountain Ski Area
Encyclopedia
Shames Mountain Ski Area is a ski resort located 35 km (22 mi) west of the city of Terrace, British Columbia
, Canada
. The area's vertical drop is 488 m (1600') with a summit elevation of 1189 m (3900'), with one surface lift and one double chair. Annual snowfall at the summit is 700 cm (275') with mid-mountain snowfalls 360 cm (11.5').
Shames Mountain is currently on the market for $1,495,000. In an effort to rally a large group of shareholders (aka skiers) to purchase, own and operate Shames Mountain, members of the international ski community Jamie Schectman and Shanie Matthews formed the Shames Mountain Co-op in 2009.
Another group called Friends of Shames, composed of local skiers and winter sports enthusiasts, also began to hold town hall meetings in the fall of 2009 in order to get a sense of what the surrounding communities wanted from their ski hill. They opened lines of communication with the current owners of Shames and held meetings with lawyers and consultants specializing in alternative business models. Through these consultations, the best model for Shames' future success was determined to be a non-profit co-operative. In 2010, Friends of Shames applied for and were awarded grant monies for feasibility studies and the development of a business plan. With these in hand, Friends of Shames officially launched the drive to create My Mountain Co-op in February 2011.
To date (Oct 2011) My Mountain Co-op has structured a staggered purchase agreement that would see MMC run the hill for the upcoming season while approximately $550,000 is paid out in three lumps to the Shames shareholders.
Season passes are now on sale for the 2011-2012 ski season.
Terrace, British Columbia
Terrace is a city on the Skeena River in British Columbia, Canada. The Kitselas people, a tribe of the Tsimshian Nation, have lived in the Terrace area for thousands of years. The community population fell between 2001 and 2006 from 12,109 with a regional population of 19,980 to 11,320 and...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
. The area's vertical drop is 488 m (1600') with a summit elevation of 1189 m (3900'), with one surface lift and one double chair. Annual snowfall at the summit is 700 cm (275') with mid-mountain snowfalls 360 cm (11.5').
Shames Mountain is currently on the market for $1,495,000. In an effort to rally a large group of shareholders (aka skiers) to purchase, own and operate Shames Mountain, members of the international ski community Jamie Schectman and Shanie Matthews formed the Shames Mountain Co-op in 2009.
Another group called Friends of Shames, composed of local skiers and winter sports enthusiasts, also began to hold town hall meetings in the fall of 2009 in order to get a sense of what the surrounding communities wanted from their ski hill. They opened lines of communication with the current owners of Shames and held meetings with lawyers and consultants specializing in alternative business models. Through these consultations, the best model for Shames' future success was determined to be a non-profit co-operative. In 2010, Friends of Shames applied for and were awarded grant monies for feasibility studies and the development of a business plan. With these in hand, Friends of Shames officially launched the drive to create My Mountain Co-op in February 2011.
To date (Oct 2011) My Mountain Co-op has structured a staggered purchase agreement that would see MMC run the hill for the upcoming season while approximately $550,000 is paid out in three lumps to the Shames shareholders.
Season passes are now on sale for the 2011-2012 ski season.