New Sierra Ski & Golf Resort Development Approved by Lassen County Public Officials

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Dyer Mountain resort will be the first major California ski-golf development in 40 years.

Dyer Mountain Associates, LLC announced that the Lassen County Board of Supervisors has approved the development of a new 7,000 acre, four-season resort community in the Dyer Mountain area near Mt. Lassen. The Board's action was taken on September 25, 2007, and included certification of an environmental impact report and approval of a development agreement that grants Dyer Mountain Associates the right to develop the new community for 30 years. The Dyer Mountain development ultimately will include facilities for downhill and cross-country skiing, golf, horseback riding, hiking, mountain biking and water sports, among many other winter and summer activities.

Some 4,100 residential units and hotel rooms are planned to be built over the life of the development, with thousands of jobs created for the next several decades. Dyer Mountain is just over four hours from the San Francisco Bay Area by car, and less than two hours from the rapidly growing population centers of Sacramento, Chico and Reno-Tahoe.

Strong local support for the development was expressed in 2000, when an overwhelming majority of Lassen County voters approved an initiative to allow a mountain resort to be developed on Dyer Mountain. A detailed study of potential environmental impacts of the planned community was completed this year by the County and its environmental consultants. The study resulted in rigorous measures to mitigate environmental impacts and safeguard the exceptional quality of life and nature in Lassen County and in the surrounding region.

"The County's approval of the Dyer Mountain community is a special day for the people of Lassen County, and all people who enjoy the unique natural beauty of the Sierras," said Sara Duryea, a manager of Dyer Mountain Associates, the proponent of the development. Ms. Duryea further commented that "The Dyer Mountain plan contemplates extraordinary attention to environmental protection, the efficient use of resources and a healthy, long-term relationship between nature and people who enjoy nature."

Grant Sedgwick, who was recently appointed Chief Executive Officer of Dyer Mountain Associates, commented: "The approval of a major new ski resort happens very seldom anywhere in the Western United States. We expect great interest in the project among residential and commercial real estate builders, as well as hotel and concession operators. This is a unique opportunity to use what has been learned about recreational property development and the environment over the past century to responsibly meld human and natural elements."

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