Exhibit 99.2(a)

FS-2700-24 (7/96)

OMB No 0596 - 0082

USDA - Forest Service
SKI AREA

TERM SPECIAL USE PERMIT

Act of October 22, 1986

 

(Ref. FSM 2710)
Holder No.

5289 / 01
Type Site

161
Authority

545
Auth. Type

18
Issue Date

12/30/96
Expir. Date

12/31/32
Location Sequence No.

0215100811703
Stat. Ref.

08
Latitude

- -
Longitude

- -
LOS Case

_RALSTON RESORTS, INC.__________
of
__P.O. BOX 38 _
(Holder Name) 
(Billing Address - 1)
______________________ ________
__KEYSTONE__
__CO___
___80435__
(Billing Address - 2)
 (City)
(State) 
 (Zip Code) 
(hereafter called the holder) is hereby authorized to use National Forest System lands, on the _________White River_____________________________ National Forest, for the purposes of constructing, operating, and maintaining a winter sports resort including food service, retail sales, and other ancillary facilities, described herein, known as the ___ Keystone _______ ski area and subject to the provisions of this term permit. This permit covers ___approximately 5,571___ acres described here and as shown on the attached map dated __8/23/93____ by Erik Martin (identified as Exhibit A). 

	The following improvements, whether on or off the site, are authorized:

	Ski lifts and tows, ski trails, day lodge, restaurants, maintenance and snowmaking facilities, roads, utilities, parking, signs, radio base station, explosive cache, and other facilities and improvements needed in the operation and maintenance of a four-season resort.

 

Attached Clauses. This term permit is accepted subject to the conditions set forth herein on pages 2 through _19__, and to exhibits ___A___ to __C___ attached or referenced hereto and made a part of this permit. (Map, GFA, M.P.)

THIS PERMIT IS ACCEPTED SUBJECT TO ALL OF ITS TERMS AND CONDITIONS.

ACCEPTED:    
/s/ JOHN RUTTER 
12/31/96 
HOLDER'S NAME AND SIGNATURE 
DATE    
APPROVED:    
/s/  VETO J. LASALLE 
12/31/96 
VETO J. LASALLE FOREST SUPERVISOR 
DATE

 

 

TERMS AND CONDITIONS

 

I.
AUTHORITY AND USE AND TERM AUTHORIZED
2 
A.
Authority
2 
B.
Authorized Officer
2 
C.
Rules, Laws and Ordinances
2 
D.
Term
2 
E.
Nonexclusive Use
2 
F.
Area Access
3 
G.
Master Development Plan
3 
H.
Periodic Revision
3
II.
IMPROVEMENTS
3 
A.
Permission
3 
B.
Site Development Schedule
3 
C.
Plans
4 
D.
Amendment
4 
E.
Ski Lift Plans and Specifications
4
III.
OPERATIONS AND MAINTENANCE
4 
A.
Conditions of Operations
4 
B.
Ski Lift, Holder Inspection
4 
C.
Operating Plan
5 
D.
Cutting of Trees
5 
E.
Signs
5 
F.
Temporary Suspension
5
IV.
NONDISCRIMINATION
6
V. 
LIABILITIES
6 
A.
Third Party Rights
6 
B.
Indemnification of the United States
6 
C.
Damage to United States Property
6 
D.
Risks
6 
E.
Hazards
7 
F.
Insurance
7
VI.
FEES
7 
A.
Holder to pay fair market value for the permitted use
7 
B.
Fees - Graduated Rate Fee System
8 
1.
Weighted-average break-even point and weighted-average rate base
8 
3.
Mixed ownership
8 
C.
Surcharge
8 
D.
Definitions of Sales Categories and Gross Fixed Assets (GFA)
8 
1.
Sales categories
8 
2.
Gross Fixed Assets
9 
E.
Change of Gross Fixed Asset Amount Upon Sale or Change in Controlling Interest
10 
F.
Determining Sales and Other Revenue
10 
1.
Sales
10 
a.
Definitions
10 
(1)
Gratuities
10 
(2)
Acceptable Discounts
10 
(3)
Discriminatory Pricing
10 
(4)
Preferential Discounts
10 
(5)
Market Price
10 
(6)
Bartering or Trade Offs
10 
(7)
Commissions
11 
(8)
Franchise Receipts
11 
b.
Inclusions
11 
c.
Exclusions
11 
G.
Concession Payment, Graduated Rate Fee System
12 
H.
Interest and Penalties
13 
1.
Interest shall be charged
13 
2.
Interest rate
13 
3.
Penalty
13 
4.
Remedies
13 
I.
Nonpayment
14 
J.
Access to Records
14 
K.
Accounting Records
14 
1.
Systematic internal controls
14 
2.
A permanent record of investments in facilities
14 
3.
As may be specified
14
VII.
TRANSFER AND SALE
14 
A.
Subleasing
14 
B.
Notification of Sale
15 
C.
Divestiture of Ownership
15
VIII.
TERMINATION
15 
A.
Termination for Higher Public Purpose
15 
B.
Termination, Revocation and Suspension
15
IX.
RENEWAL
16 
A.
Renewal
16
X.
RIGHTS AND RESPONSIBILITIES UPON TERMINATION OR NONRENEWAL
16 
A.
Removal of Improvements
16
XI.
MISCELLANEOUS PROVISIONS
16 
A.
Members of Congress
16 
B.
Inspection, Forest Service
16 
C.
Regulating Services and Rates
16 
D.
Advertising
16 
E.
Bonding
16 
F.
Water Rights
17