On November 10, the Town of Drumheller served a Notice of Termination of the Sale Agreement to the Drumheller Valley Ski Club.
On October 1 2009 the Town and Drumheller Valley Ski Club entered in to an agreement of intent regarding the operation of the Ski Hill. In the agreement the Town of Drumheller agreed to rescind the 2009 Notice of Cancellation and Termination on condition that the Drumheller Valley Ski Club acknowledge its indebtedness to the Town and its indebtedness be settled within a reasonable period of time. The 2009 agreement specified that upon meeting all of the conditions in the agreement the Drumheller Valley Ski Club would take ownership of the property. Once they had ownership of the property they would sell the land to Badlands Ski Hill Ltd which would be responsible for all future maintenance and upkeep of the hill.
A year has gone by and the conditions have not been met. According to Corporate Registries, The Drumheller Valley Ski Club Association no longer exists. Since the organization does not exist, the Terms of Agreement can not be completed.
The Drumheller Valley Ski Hill Association is required to remedy all defects at the Ski Hill. This includes payment of all indebtedness to the Town and to provide the Town firm assurances that the Association will undertake the operation of the ski hill for the 2010-2011 season. If the defects are not remedied within 7 days the Association is required to surrender the land to the Town.
