Squaw Valley has officially come out against the creation of Olympic (Squaw) Valley as a city. Specifically, they want Squaw Valley ski resort to be excluded from the newly incorporated city if it should become a reality.
Squaw Valley’s CEO and President Andy Wirth wrote a letter to the Local Agency Formation Commission (LAFCO) on April 7th, 2014 about the formation of Olympic (Squaw) Valley as a city. Andy wrote the letter in an apparent attempt to shed light on the non-beneficial aspects of making Olympic Valley into a city. Squaw Valley ski resort is opposed to the formation of Olympic Valley as a city for the reasons cited in Andy’s letter.
Persons supportive of the incorporation of Olympic Valley have stated that this letter by Andy to the LAFCO contains false information.
Squaw Valley ski resort would be inside of the proposed new city of Olympic Valley. Squaw would be the new city’s biggest employer (2,000 employees), its biggest landowner (2,300 acres or 40% of the new city), a source of $1 million in property tax revenue per year, a collector of $1.3 million in sales tax per year, a collector of $700,000 in transient occupant tax per year, the recipient of over 350,000 guests per year, and the aquifer that supplies water to all of Squaw Valley’s residents is largely located beneath Squaw Valley ski resort’s land.
Please read the letter Andy Wrote to the LAFCO:
Maps of the proposed city boundaries included in above link