by Kahuna » Wed Jul 04, 2012 11:55 pm
Alois,
You are correct in saying that Dave was not a "developer". But, let us not forget that the sale took place only seven years ago, in 2005. Rusty Gregory, which Dave groomed for over 15 years to take over as CEO, owns 49% of the stock in MMSA. The town of Mammoth Lakes began expanding in the late 80's after the 87' earthquake. That is when began to flourish. Many ran and dumped their property for penny's on the dollar. That is when the "developers" began showing up. Dave McCoy incorporated his "Marketing Dept" in '91.
My point is that without MMSA being in place, the town is nothing. If MMSA goes away, so does the Town of Mammoth Lakes.
As far as June, I first skied it back in the mid 70's. Used to drive down from NAS Fallon NV (a little over a two hour drive) and ski every chance I could as the folks that owned it then ( the Swiss as you mention), allowed the military to buy their annual unlimited ski passes for only $50.00 back then. I never went any where near Mammoth. Up until I started working up at MMSA in '06, I only held a June Pass (did so for over 20 something years) and strictly skied there. So, I am very well acquainted with the situ in June and in Mammoth. I began skiing at Mammoth in the late 60's as my brother was part owner of an original Condo then.
This whole issue could had been avoided had the Town's leadership, in both communities, researched their facts and looked at all the dots and crossed t's before making many of the decisions that they have over the past 18 years. Most of these blunders were made long before Dave McCoy sold his share to Rusty and Starwood Capital.
Believe me as well, Dave McCoy was well informed and had much to do with many of the development dealings that were occurring down at the Airport since 1996.
Here are some real facts:
"Over the next 68 years, this affable, compact Paul Bunyan cleared land, groomed slopes, laid concrete, maneuvered cranes and even forged his own tools to transform Mammoth Mountain into a ski resort for Southern Californians and a community for his employees.
McCoy, who never kept a planner on his desk, launched the town's first water district, fire department, high school and college, and he often dispatched his crews to fix a resident's plumbing problem or to patch a leaky roof. Untold numbers of people have received financial help, even property, from McCoy over the years."
-http://articles.latimes.com/2005/mar/27/local/me-mammoth27
Mammoth Lakes was built by Dave McCoy and MMSA. Many seem to forget that.