SOURCE: Black Bear Resort

June 20, 2008 13:59 ET

Bear Lake County Commission Approves Four-Season Destination Resort, a First for Beautiful Bear Lake

MONTPELIER, ID--(Marketwire - June 20, 2008) - The Bear Lake County Commission has approved Black Bear Resort's Conceptual Master Plan for development of its 2,207-acre mountain community and the Preliminary Plat for Phase I construction based on mutually agreed upon conditions. The Bear Lake County Planning & Zoning Commission submitted to the Commissioners its report and unanimous support of the resort two weeks ago.

Bear Lake County Commissioners Vaughn N. Rasmussen, Chairman, Montain D. Kunz, and DeMar Romrell voted 2-1, respectively, to approve both the Conceptual Master Plan and Preliminary Plat Phase I following nearly 18 months of work by the County, the County's consultants and Black Bear Resort co-founders Brad Auger and Bruce Barrett.

"We believe the County's support demonstrates that this team has earned the opportunity to build out the blueprint we have drawn together," said Auger. "We are energized for the next stage of our hard work and at the prospect of its economic and recreation potential for Bear Lake County and the region."

Barrett added, "Bear Lake County is making an affirmative statement that it is open to growth under planned and controlled conditions. Our team is proud to be part of this community and looks forward to welcoming visitors to experience this spectacular region for a round of golf, a hike in Idaho's backcountry or as homeowners."

The resort has been approved for a combination of over 4,000 units of residential properties and resort accommodations plus retail and common use facilities. The resort will offer all traditional amenities, with special emphasis on the Mountain West's recreational lifestyle such as on-site alpine and cross country skiing, mountain biking and other active sports. Above all, Black Bear's property is adjacent to scenic Bear Lake -- often referred to as the "Caribbean of the Rockies" for the unique aqua color of its waters. Surrounded by sandy beaches, Bear Lake waters are comfortable and crystal clear, ideal for swimming, boating, water craft and fishing.

Construction on the mountain property will commence immediately as allowed in the final agreement with the County. Commercial activities supporting the project will be accelerated based on this approval. Priority reservations for property purchases are now available.

The new all-season resort's overall master plan includes potential phased construction of a luxury mountain village, signature golf courses created by top designers in the industry, on-property skiing and a host of other winter and summer amenities. The resort's property lies on a stunning plateau immediately above Bear Lake -- one of the largest freshwater lakes in the western U.S.

About Black Bear Resort

Black Bear Resort is the developer of one of the only comprehensive four-season luxury resort communities to bring together all of the most modern and exhilarating recreational activities in one extraordinary destination on a spectacular natural lake. Black Bear's master plan includes construction of ski facilities, a marina and inland waterway signature golf courses brought to life by the industry's premier visionary designers, and fee simple ownership of spectacular lake front and mountain properties.

The proposed community at Black Bear Resort -- -- will offer golf course, ski and lake front estate lots; condominiums, luxury hotels, two complete resort villages with accommodations, gourmet dining, boutique shopping, multiple spas, and a full complement of resort services.

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