DMSD Trustees Meeting
Sanford Lab Homestake Visitor Center, 160 W Main St, Lead, SD 57754, USA & via Zoom
Thursday May 27, 2021 4:30 PM MT
Call to Order
Approval of Agenda
Approval of Minutes of meeting March 2, 2021
Approval of Treasurers Report
Approval of Resolution 2021-1
Approval of General Obligation Loan Agreement | Appendices
Update on Water Purchase Agreement with L-D Sanitary/GPNA
Status of existing water system and Milan, LLC /Keating Assoc.
Discussion of timeline for new construction/AE2S
Development of DMSD Water Policy/Rules and Regulations/Rates
Discussion only items:
Items from the public
Items from the trustees
Adjourn to Executive Session
Deer Mountain Ski Resort To Reopen
LEAD, SOUTH DAKOTA – The 680 acre Deer Mountain Ski Resort located in Lead, South Dakota sold on May 21 to father-son investors Gerard and Alec Keating who operate under the name of Keating Resources. The resort provided enjoyment for tens of thousands of residents of South Dakota and neighboring states for 50 years before it closed in 2017 after ownership reverted to a lender.
Gerard Keating, CEO of Keating Resources, said that the 150-acre winter sports venue and lodge will reopen on December 1, 2022, with one of the longest tubing runs in the USA, supported by a 750’ long Magic Carpet (www.magiccarpetlifts.com) to be installed at a cost of $1 million.
Read the full press release here.