Reporter Alexis DeLaCruz provides the video news update for Thursday, Jan. 4.
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Because the deal to sell the Steamboat Ski Area won't close until late this winter, American Skiing Co. will keep most of the revenues from the 2006-07 ski season.
Other aspects of the deal are spelled out in an ASC filing with the Securities and Exchange Commission, and two things must happen before the sale can be completed.
First, the U.S. Forest Service must approve the sale. Second, the sale must be OK'd by the Federal Trade Commission and the Department of Justice.
The sale of the ski area to Vancouver, British Columbia-based Intrawest is expected to close on or before March 31. On Dec. 19, debt-ridden ASC announced it had entered into a purchase agreement to sell Steamboat Ski Area assets for $265 million in cash, with Intrawest assuming about $4 million in debt.
Arson is not the suspected cause of a fire that destroyed a room in a house in Old Town Steamboat Springs on Tuesday.
The fire at 1045 Uncochief Circle was reported at about 5 p.m. Tuesday after a neighbor saw smoke pluming from the home's roof.
Steamboat Springs Fire Rescue firefighters were on scene shortly after the initial call, and they contained the fire to an upstairs room. The blaze was under control by 7 p.m.
The District Attorney's Office dismissed drug charges a former Strawberry Park Hot Springs manager faced because the man was sentenced to a federal prison term on separate charges last month.
Jason Craig, 31, was sentenced to 6.5 years in a U.S. federal prison in December for possessing child pornography.
Craig, of Steamboat Springs, was not present at a hearing Wednesday when Deputy District Attorney Andy Heyl agreed to dismiss felony marijuana cultivation and marijuana possession charges Craig was facing.
Craig was arrested by Steamboat Springs police officers in August 2006 on suspicion of trading child pornography. The Steamboat Springs Police Department apprehended Craig after assisting an FBI investigation focusing on him. During the search of Craig's Steamboat Springs home, police allegedly found 8 ounces of marijuana and drug paraphernalia.
In sports, It's not often that a team that hasn't lost all season - and remains the only undefeated squad in the state - enters a game as an underdog.
But the Steamboat Springs hockey team will find itself in that position when it travels to Colorado Springs on Friday to play 2006 state runner-up Cheyenne Mountain.
The Sailors (4-0-1) are familiar with the underdog role upsetting many of their opponents so far.
Friday's game may be the Sailors' biggest challenge of the season.
Here is your first look at the weather. It was 21 degrees at 8 a.m. Expect sunny skies today with a high of 36.