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S. Rept. 114-188 1 (2015-12-16)

handle is hein.congrecreports/crptxseh0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP Calendar No. 333 114TH CONGRESS S REPORT 1st Session SENATE 114-188 CRAGS, COLORADO LAND EXCHANGE ACT OF 2015 DECEMBER 16, 2015.-Ordered to be printed Ms. MURKOWSKI, from the Committee on Energy and Natural Resources, submitted the following REPORT [To accompany S. 1941] The Committee on Energy and Natural Resources, to which was referred the bill (S. 1941) to authorize, direct, expedite, and facili- tate a land exchange in El Paso and Teller Counties, Colorado, and for other purposes, having considered the same, reports favorably thereon without amendment and recommends that the bill do pass. PURPOSE The purpose of S. 1941 is to authorize, direct, expedite, and fa- cilitate a land exchange in El Paso and Teller Counties, Colorado. BACKGROUND AND NEED Emerald Valley Ranch has a colorful history, with improvements at the site dating back nearly 100 years. Spencer Penrose devel- oped many of the existing buildings at Emerald Valley after he ac- quired the original cabin in 1923. After Penrose's death, the build- ings were operated as a camp by the YMCA, Boys Scouts, and other non-profit groups. Starting in the 1970s, the buildings were operated by the Turley Family as the Emerald Valley Guest Ranch. Broadmoor Hotel, Inc., acquired the buildings from the Turley Family in 2012. In October 2012, the U.S. Forest Service (USFS) issued a 20-year special use permit to operate and maintain Emer- ald Valley Ranch as a guest ranch. Since issuance of the special use permit, Broadmoor Hotel, Inc., has invested in significant up- grades and improvements throughout the resort. The Broadmoor Hotel, Inc. has proposed a land exchange in order to own the USFS land encumbered by the ranch in order to guarantee its ability to operate, maintain, and continue to invest 59-010

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