S. Rept. 115-56 1 (2017-05-09)

handle is hein.congrecreports/crptxaaii0001 and id is 1 raw text is: AUTHENTICATEO

                                                          Calendar No. 69
                   115TH CONGRESS                                    REPORT
                     1st Session              SENATE                 115-56

                       CRAGS, COLORADO LAND EXCHANGE ACT OF 2017

                                    MAY 9, 2017.-Ordered to be printed

                     Ms. MURKOWSKI, from the Committee on Energy and Natural
                                 Resources, submitted the following


                                         [To accompany H.R. 618]

                            [Including cost estimate from Congressional Budget Office]
                    The Committee on Energy and Natural Resources, to which was
                  referred the bill (H.R. 618) 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.
                    To authorize, direct, expedite, and facilitate 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.

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