InDepthNH.org (https://indepthnh.org/page/4/?s=Balsams+)
DIXVILLE — State transportation officials are holding off spending about $2.3 million to repair a road at the Balsams Resort until it is clear that developer Les Otten is moving ahead with the project.
April 27, 2017 | https://indepthnh.org/2017/04/27/state-delays-2-3-million-repair-on-balsams-road/LANCASTER – Developer Les Otten said he has spent about $7.1 million on his effort to redevelop the Balsams Resort, the project is moving ahead and some construction could occur this summer.
April 19, 2017 | https://indepthnh.org/2017/04/19/otten-on-the-balsams-fairly-encouraged-that-we-are-on-a-path-to-success/Balsams developer Les Otten has received a total of $5 million in loans from Northern Pass, spokesman Scott Tranchemontagne said Thursday.
March 23, 2017 | https://indepthnh.org/2017/03/23/northern-pass-backing-of-balsams-totals-5-million/Helped by funding from Northern Pass, the Balsams Resort has moved significantly closer to a crucial funding step needed to bring the resort back to life and boost the economy of the North Country, the company said Wednesday.
March 22, 2017 | https://indepthnh.org/2017/03/22/boosted-by-northern-pass-funds-balsams-moves-ahead/In an order Thursday, the Site Evaluation Committee rejected the forest society’s request for documents from Dixville Capital, LLC and Balsams Resort Holdings, LLC, but said it could ask limited questions of the developer, Les Otten.
January 24, 2017 | https://indepthnh.org/2017/01/24/order-forest-society-wont-get-any-northern-pass-financial-documents-but-can-question-balsams-developer/CONCORD – Balsams developer Les Otten said at a recent technical session that a $2 million loan he received from Northern Pass’ $200 million Forward NH Fund was not conditioned on his support of the controversial plan to build a 192-mile high-voltage transmission line from Pittsburg to Deerfield.
January 23, 2017 | https://indepthnh.org/2017/01/23/balsams-developer-2-million-loan-not-linked-to-support-of-northern-pass/The Society for the Protection of New Hampshire Forests is demanding that the developers of the Balsams turn over all documents relating to any financial dealings with Northern Pass.
January 16, 2017 | https://indepthnh.org/2017/01/16/forest-society-seeks-details-of-fiscal-relationship-between-balsams-and-northern-pass/Balsams developer Les Otten is telling state regulators that Northern Pass will save the Balsams resort $200,000 a year, although Northern Pass has yet to say officially how much its electricity will cost.
December 2, 2016 | https://indepthnh.org/2016/12/02/northern-pass-would-save-balsams-200000-annually-developer-claims/Researchers who worked near the 400-foot high wind turbines on peaks above the proposed Balsams ski area say they saw chunks of ice being thrown and found ice craters and broken saplings 930 feet from a turbine.
December 1, 2016 | https://indepthnh.org/2016/12/01/how-close-is-too-close-for-skiers-to-wind-turbines-above-balsams-skiing/