A deal for the state of Colorado to purchase the famous Stanley Hotel in Estes Park that inspired Stephen King’s “The Shining” is officially on the table. The Colorado Educational and Cultural Facilities Authority stepped up with a plan to buy the haunted hotel after a deal to sell the Stanley to an Arizona nonprofit fell through, said CECFA Executive Director Mark Heller. Heller said the authority hopes to wrap up the sale in the coming months, securing the government agency as the owner of the hotel and borrower of the bonds that will help finance 60 new rooms, a fresh restaurant and the construction of the Stanley Film Center. Instead of selling the hotel to Arizona’s Community Finance Corporation and taking ownership after the nonprofit paid back the bonds, CECFA will create a subsidiary and become the borrower of the bonds directly instead.

BING NEWS:
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    04/26/2024 - 11:14 am | View Link
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    04/22/2024 - 10:54 am | View Link
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    04/18/2024 - 9:42 am | View Link
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    On Friday, the budget bill officially passed the Colorado Senate, meaning one of the legislature’s few constitutionally required actions is nearly complete. Both the House and the Senate tacked on ...
    04/8/2024 - 5:52 am | View Link
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